Digital Dun Laoghaire February Meetup to focus on raising debt to fund the growth of digital businesses

Digital Dun Laoghaire – an initiative of Dun Laoghaire Business Improvement District – is calling on local tech entrepreneurs to attend its February meetup, which will provide information and advices on how to raise debt to fund the growth of digital businesses.

Debt funding is cheaper over the long term than equity based investment and digital businesses lend themselves to this approach. The panel will discuss the pros and cons, best approaches and things to watch out for in raising debt funding.

Entitled Funding your growth through bank finance – Everything you need to know about getting debt funding, the breakfast meeting aims to support the development of Dun Laoghaire as a digital hub.

The meeting will take place on Wednesday February 8th in Starbuck’s on Marine Road (next to Nando’s) with all local potential entrepreneurs and business leaders invited.

It will begin with networking at 7.30am, followed by a presentation and discussion from 7.45-8.45am.

Guest speakers include:
– Karen Cunningham: Commercial Branch Manager, Bank of Ireland Dun Laoghaire
– Andrew McGreal: Technology, Media & Telecoms Banking, AIB
– Derek F. Butler: CEO, Grid Finance.

It is the third in a series of six monthly Digital Dun Laoghaire breakfast meetings, which already held full houses in December and January.

Key insights from the January meeting on scaling digital and tech businesses are available here.

Digital Dun Laoghaire was officially launched by Minister Mitchell O’Connor and the Chairman of Dun Laoghaire Business Improvement District, Anthony Quigley, last September and aims to support the growth of digital companies in creating 450 new jobs over the next two years by building strong collaboration.

Currently, over 60 digital/tech companies are located in Dún Laoghaire, ranging from startups (like Zoom Courier Software, A To Where, or NewsLinn) to international companies (like Digital Marketing Institute, Rockall Technologies and Bank of Ireland Payment Acceptance).

More information can be found at http://www.dunlaoghaire.ie/digital/ and registrations for this free event can be made here.