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The Fintech Corridor ( The Mill Enterprise Hub)

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General Information
The date when the cluster organisation was established: 
Saturday, 1 February, 2020
Number of staff in the management team of the cluster organisation : 
1-5
Legal form of the cluster organisation: 
Non-Profit
Membership to other networks/partnerships: 
Cluster Management Team: 
NameSurnamePositionTelephoneEmailGender
Hilary
Moran
Cluster Manager
+353830105512
hilary@thefintechcorridor.com
Female
Breanndan
Casey
Other
++35341980244
bcasey@themilldrogheda.ie
Male
Languages spoken: 
English
Sectoral and Industrial Focus
Sectoral Industries: 
Distribution and Electronic Commerce
Financial Services
Technology fields: 
Computer Software
S3 EU priority areas: 
E-Commerce & SMEs online
Financial service activities, except insurance & pension funding
Emerging industries: 
Digital Industries
Areas of specialisation of the cluster not covered above: 
Fintech
Composition of the cluster
Total number of members: 
42
Number of SME members: 
20
Number of start-ups among SME members: 
5
Number of larger company members: 
10
Number of research organisations/universities/technology centres: 
5
Number of other ecosystem actors : 
2
Link to the cluster members’ list: 
https://thefintechcorridor.com/partners/
Entrepreneurship and scale-up support facilities in the cluster's ecosystem (see "Organisation type"): 
Organisation/Facility NameOrganisation/Facility TypeWebsite
The Mill Enterprise Hub
Co-working Space
www.themilldrogheda.ie
Name and link of major players: 
NameWebsiteType
PayPal
www.paypal.com
Larger Company
InterTrade Ireland
www.intertradeireland.com
Research Organisation
Vesta
www.trustvesta.com
Larger Company
Cluster Strategy
Mission/Objectives: 

The Fintech Corridor is responsible and committed to facilitating business needs and creating skilled jobs within the region between Dublin and Belfast, and to making TFC an integral part of the fintech community in the EU and UK, through our businesses and partner organisations, and our all-island economic development focus. By demonstrating and promoting the benefits of the cross-border region we aim to grow and scale organisations in fintech. TFC will be the driving force in developing, collaborating with members, and promoting the benefits of locating within the region, and supporting the people and organisations to meet their business needs, enhance skills and focus on the key elements to achieve their growth targets.

Previously known as the M1 Payments Corridor, a concept developed by members of the Mill Enterprise Hub Drogheda.

TFC Brand Ambassadors and Advisory Board members are a large group of recognised industry leaders with reciprocal relationships, who share a passion and willingness to be involved in projects, provide coaching and mentoring support about fintech’s and the services TFC provide. We connect and introduce you to founders, leaders, institutions, potential partners and other key individuals in Fintech.

Within our accessible and resourceful representatives we collaborate with universities North and South – positioning TFC to connect businesses to universities that offer more courses online and apprenticeship opportunities, gaining valuable skills that will not only help those in Fintech find employment but allows consideration for alternative career’s and innovative business ideas and direct information on R&D sector access. By becoming a member you will receive alerts about workshops, invitations to events and programmes and exclusive networking opportunities.

We are continually driving development, collaboration and promoting the benefits of the region, and developing our competitive advantage and creating a strong profile to showcase our services.

We are dedicated to growing and scaling TFC’s membership, and encourage the opportunity to contribute to our ecosystem, we offer support at every stage regardless of your company position

Do you have a formalised strategy?: 
Yes
Do you have a specific strategy focus that addresses internationalisation ?: 
Yes
Services
Support services provided: 
Access to public support (regional/national programmes, innovation vouchers, etc.)
Facilitation of collaboration between members
Support of technology transfer
Innovation Management / Support of innovation processes (internal, external)
Location promotion / attraction of Foreign Direct Investment
Details of support services: 

 

NURTURE

  • Cross-Border Network  & Cluster Development
  • National Payments Conferences
  • Hackathon
  • Ideation
  • Pre-Accelerator

INNOVATION

  • Skills Development & Training
  • Blockchain course @DKIT
  • Engage with 3rd level across NI and RoI

SCALE/GROWTH:

  • Adopt a Startup / Mentoring
  • Internationalisation
  • Cross-Border Innovation & Collaboration
  • Access to Industry & 3rd level expertise
Cooperation Activities
International Cooperation
The main countries targeted by the cluster organisation: 
United States
Trans-national Cooperation
The main countries targeted by the cluster organisation: 
United Kingdom
Which clusters do you collaborate with?: 
Fintech Northern Ireland (Europe)
Fintech & Payments Association of Ireland (Europe)
Support Programmes
Participation in Funded Support Programmes: 
Promotion
Success Story / Achievements: 

https://www.siliconrepublic.com/enterprise/m1-payments-corridor-fintech-...

 

Why should partners choose you for cooperation?: 

We've a unique cross-border cluster with the only EU / UK  cluster.