Friday, May 20, 2011

Midwest Pop Up Bank, Thomond Park, 31st May 2011


On the 31st of May, the Region will see its first Pop Up Bank held in Thomond Park between 11 and 4. Its free to attend, you can register at popupbank@odcl.ie, by calling 061 411000 , further info on www.odcl.ie/popupbank.html .

For businesses seeking credit or capital for their viable business, start-up idea or plan, come to the Pop Up Bank and meet the lending institutions and support agencies and capital investors.

The initiative is being driven by Limerick based accountancy firm O'Donovan Caulfield Lavin who, having seen the first Pop Up Bank being run in Croke Park by RTE's George Lee on The Business Show, decided that they wanted to hold a similar initiative in the Midwest. Thomond Park Stadium have very kindly provided the Thomond Suite for the event which will be opend by Mayor Maria Byrne.

George Lee has given his full support to the event, speaking to Jim O’Donovan of O’Donovan Caulfield Lavin, George Lee of The Business said, “It's great that the Midwest has decided to run with a Pop Up Bank, we got a great response in Dublin, it’s amazing what can happen when money and ideas come together.”




















The Minister for Finance has also given his support to the initiative:

Minister Michael Noonan TD commented, “I very much welcome the initiative being taken by O’Donovan Caulfield Lavin in conjunction with Thomond Park Stadium, to provide a Pop Up Bank to assist those businesses in the Mid West Region who are struggling to find credit or capital for viable businesses and start up ideas. The forum whereby the Banks, State Support Agencies and Seed Capital providers will come together at Thomond Park Stadium for one day will hopefully assist those entrepreneurs to maintain and create jobs”

The list of participants includes AIB, Bank of Ireland, Ulster Bank, KBC Bank, Enterprise Ireland, the County and City Enterprise Boards of the Midwest Region, Shannon Development, the Chambers of Commerce of the Midwest, Pinnacle Horwath (BES), First Step, The Business Angel Partnership and Cork BIC, the Paul Partnership, Limerick Institute of Technology including The Enterprise Acceleration Centre (EAC) and Limerick Enterprise Acceleration Platform (LEAP) programme at LIT and Franchise Acceleration Start-up Training (FAST) programme involving LIT & Limerick Chamber of Commerce , The Tipperary Institute, Office Ireland, University of Limerick Technology Transfer Office, O’Donovan Caulfield Lavin, The Revenue Commissioners, The LEDP (Limerick Enterprise Development Partnership), the LEADER Groups of the Midwest, Clann Credo, The Referral Institute & The Credit Review Office.

All of the exhibitors will be looking for those businesses attending to pitch their ideas to them. While investment is not guaranteed and business ideas must be viable, this is an opportunity for businesses to meet with prospective lenders and investors to discuss their requirements.

As stated above, attendance at the Pop Up Bank is free but organisers are asking businesses to register in advance by contacting ODCL on 061 411000 or by email at popupbank@odcl.ie.