In 2019 The Guinness Enterprise Centre embarked on a major €10 million expansion that saw Ireland’s oldest small-business incubator almost double capacity. The centre, which has been home to countless start-ups since it opened in 2000, currently hosts 85 companies employing more than 400 people – The GEC is now ready to welcome over 160 start-ups with 750 employees.

It is expected that the State and local community would benefit from the development through: 

Job creation (estimated 3,300 direct & indirect)

Taxation (direct in terms of PAYE and indirect in terms of consumer spending)  

Economic growth in the Dublin 8 area

Additional Infrastructure to support start-ups and foster innovation in the inner city  

The GEC expansion is supported by the founding partners and the Dept. of Business Enterprise and Innovation, Dublin City Council, Local Enterprise Office Dublin City and Enterprise Ireland via the Regional Enterprise Development Fund 2017-2020. The GEC works in close partnership with  Enterprise Ireland, Dublin City LEO and with the broader start-up ecosystem throughout Ireland. 

Chairman of the GEC David Varian said: “Building on our success to date this expansion enables us  to deliver on our vision to scale the GEC to be a global entrepreneurial super-hub, interconnecting the regional centres in Ireland with our global university partners and thereby supporting the creation of world-leading companies out of Ireland. The model of open innovation, interconnecting government supports, industry, academia and citizens is at the core of the new GEC and we look forward to the re-imagined GEC playing a catalytic role in the continued re-development of D8 and the promotion of Ireland as a place for entrepreneurial business growth”.

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GEC Expansion

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GEC Expansion

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GEC Expansion

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