Archive for September, 2009

Outvesting – raising €5,000 for an Irish startup

September 23, 2009

A blog post by Pat Phelan ignited a fresh wave of conversation around the subject of startup funding in Ireland. Anton Mannering came at it from another angle and both discussions reminded me of a similar one a few months ago sparked by Joe Drumgoole's post to

While each debate has thrown up a number of good ideas there's a certain level of frustration with the realization that these discussions tend to go around in circles, often ending up with a consensus that the government needs to do more/better. While I can sympathise with that point of view I really think it's time that entrepreneurs in this country started doing more for ourselves, however insignificant it may seem by comparison. Initiatives like the Bizcamp, OpenCoffee Club and the IQ Prize demonstrate the power of 'self-help'.

While lots of figures have been bandied about during each of these discussions the sum of €5,000 keeps coming up as a baseline figure that a
bootstrapping startup could do something useful with. It also happens
to be the amount of funding I received in 2008 as a Level 1 awardee at Social Entrepreneurs Ireland.

Which is why we're using that same figure as the target for a new pledge drive seeking 100 people to donate €50 each to a startup competition. Outvesting is the name we're giving to this initiative and if/when the target €5,000 is reached we'll make a call for applications. Each of the donors will then review those applications and decide on a winner by poll. Whereupon the startup will be awarded with the €5,00 prize.

More details are available on the site, including the meaning behind the name Outvesting and how to pledge. At time of going to press (I've always wanted to write that) there are 83 pledges so you'll need to get in fast if you'd like to be part of the historical and epic 1st Outvesting fund drive 🙂

[Very special thanks to John Keyes for building the webpage]

Dublin Hub co-working space finds a home

September 14, 2009

Here's a message I received from Erik van Lennep of Dublin Hub –

If you haven’t yet checked out the activity around co-creating a new
co-working space for entrepreneurs and start-ups, now is the time. If
you have been following us…well, now is STILL the time :). We need all hands, heads and hearts on deck to get this launched now.

We have had two co-creation and ideation workshops over the summer, and now we have a building available.
On Thursday this week, our third co-creation workshop will bring
everyone together for a fun evening and brown bag or “pot luck” supper.
We will be drawing, making 2D mock-ups and variously brainstorming the
best ways to arrange our work and dreams within a very beautiful open
plan building near St Pat’s.

Invitation follows –

Making a HubSpace

Thursday, September 17th, 6:30-9:00pm
Fumbally Lane, Dublin 8

The Dublin Hub invites you to join us for Step 3 in the co-creation
of our – your – workspace. We are gathering on-site to ‘put flesh on
the bones’, and ideas onto space. We will apply our collective design
flair and great ideas to map out a space that would be appealing to
work in, would spark our creative powers, feel comfortable and
welcoming, and convey a relaxed professional confidence to all who
enter. We want a cool space to work in; attractive and inspiring,
conducive to sharing experiences, knowledge and conversations.

The Hub experience comes from a blending of people, place and
purpose. At its heart, Dublin Hub is about doing business
differently….and better. We are not just thinking outside the box, we
are redesigning the box itself, and that’s the point of the evening.
We’re going to explore how the open space can be partitioned into
potential meeting areas – a kitchen or canteen area, the main hot desk
area, and whatever other thoughts we have (library, quiet area,
chatting and chillout area, silent disco…).

We hope to grow as a convivial, collaborative community that’s
conducive to creative thinking and cooperative working; one that will
offer compelling opportunities to foster new business alliances, engage
in virtual teams and develop meaningful and productive connections——all
in a flexible and responsive workspace designed by its members to meet
their requirements and realities and leave room for their dreams.

Where is this space? Fumbally Annex, Fumbally Court, Fumbally Lane, Dublin 8, just off New Road / Clanbrassil Street.

Remember: Thursday 17th September, starting at 6.30 pm and finishing ‘round 9.

As we like to say in the Hub community, you’re invited… and parking is free from 18:30 around the corner.

Training Dublin City University in Second Life

September 6, 2009

I spent a very enjoyable day in Dublin City University on Tuesday training several lecturers in the basics of Second Life and discussing the possibilities for education. More on the Daynuv blog.