Bank of Ireland’s drop-in workbench space for startups, has been internationally recognized for its services. The concept of Workbench is to connect entrepreneurs, community and branch by offering a free dedicated area for co-working. Most of all, it provides a space for free clinics, events and seminars. We also hold special events for startups, such as guidance seminars and webinars with question and answer sessions and lots of advice.

One of the most useful practices any startup owner or entrepreneur can adopt is to attend as many relevant networking events as possible. Generally, most networking is free, websites like Eventbrite are great for sourcing local meetups. Whereas, bigger events like Inspirefest can be costly, but valuable.

Do Limited Companies Have Increased Chances Of Receiving A Startup Grant?

The simple answer is yes. More startup grants and support are available to limited companies setting up in Ireland.

The sole trader or limited company pros and cons are a great starting point for anyone thinking about setting up as a limited company. Becoming a limited company not only increases the chance of receiving a startup grant but also boosts the credibility of the business.