Business

Ulster Bank invests £400k to bring entrepreneurship programme in-house

Pictured in the new Belfast hub, now housed in the Ulster Bank’s main headquarters is regional director of entrepreneurship, Lynsey Cunningham and Ulster Bank’s head of Northern Ireland, Richard Donnan.

ULSTER BANK has invested £400,000 to move its renowned Entrepreneur Accelerator hub into its Belfast headquarters.

Work has been ongoing for several weeks to transform the first floor of the bank's iconic building in Donegall Square East into a specially adapted co-working space to house the current intake of 72 entrepreneurs.

The new hub officially opened its doors on Monday and it is hoped the move will provide better access for entrepreneurs to the expertise and networks offered as part of the fully-funded programme and ramp up Ulster Bank's support for entrepreneurship.

The new base provides a mix of work and relaxation spaces with dedicated meeting zones and private areas for those wishing to host events in the area.

Ulster Bank regional director on entrepreneurship, Lynsey Cunningham said:

“Our investment in the new space is a natural progression of the Accelerator programme and demonstrates our continued commitment to developing even closer working relationships between entrepreneurs and Ulster Bank – with no cost for those that are successful in securing a place on the programme. By creating a bespoke environment for entrepreneurs inside the bank's own premises, our current intake will have access to an even wider network of experienced and knowledgeable mentors.”

Since launching in 2016, the Accelerator programme has supported more than 350 businesses access the support, funding and advice they need to either start-up or scale-up.

For more information on the work of the Accelerator programme or to find out how to apply for the next intake, visit www.ulsterbank.co.uk/accelerator

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