Bank of Ireland Workbench Qorus Banking Innovation Awards 2015 - Winner
IrelandCategory
Sustainable BusinessKeyword
SME Banking, ESG & Sustainability
Innovation presentation
The Innovation function has developed a unique Workbench concept at Bank of Ireland branches in Grand Canal Square, Dublin and a recently launched facility at Mainguard Street, Galway. These are the first of their kind in Ireland, providing valuable completely free digitally-enabled co-working space to start-ups and entrepreneurs, helping them translate their vision into viable enterprises. Workbench's connected culture fosters the sharing of experiences and knowledge; helps start-ups build stronger cases for investor support; attracts top talent; and helps them avoid some of the pitfalls that afflict any business when it is at the very delicate early stage. An extensive range of supports on offer – which include mentorship programmes, meetups, VC open hours, conferences, networking and hackathons. Workbench was conceived following extensive research across Ireland, which identified the need for very early stage support for start-ups and is designed to be scalable, reflecting the unique dynamic of the community it serves. It has fundamentally redefined the role of the branch in the community and demonstrated the banks commitment to the Irish Governments IFS2020 Strategy.
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