Tánaiste & Minister for Foreign Affairs, Simon Coveney, addresses audience at EFM Ireland event in Cork


On the evening of Monday 18th November 2019, EFM Ireland’s Business Development Director, Áine Collins, hosted an event around “Supporting Irish Business in an ever-changing landscape” at the Plato Network & Family Business Centre in Cork.

Simon explained to the group of Cork business owners to expect Cork to have 15 to 40 new 50-storey buildings, a new light rail system on wheels, Brexit preparation, completed M22 and M28 motorways, an enhanced Dunkettle Interchange and significant housing development in the coming years.

In the coming years, Cork city businesses will benefit from population growth of over 5,000 people per year, adding anything from 120,000 to 140,000 people by 2040. This would effectively double what were the city centre numbers from prior to the extension of the city boundaries.

When I meet owners of small businesses, they tell me the benefits of the economic upturn are not trickling down to them,” said Mr Coveney. “The fact is that we are at the start of a very exciting period for Cork business“.

With a packed-out Plato Network venue, the evening was a tremendous success. The attendees consisted of a mix of Cork based SME business owners, venture capitalist investors, and finance professionals.

EFM Ireland’s Portfolio Finance Director, Patrick Lavelle, was also in attendance representing the company and supporting Áine. Patrick commented on the event, stating that:

It was an interesting and informative evening. Mr Coveney gave his time very generously, sharing his perspective on the main issues on the day (i.e. Brexit) and then taking questions from the audience. He gave the SME business owners present a lot of food for thought.

EFM Ireland will continue to host events like this to inform SMEs on the latest hot topics so they can better plan for the challenges that lie ahead, wherever those challenges may come from. EFM Ireland will continue to support SMEs by offering bespoke services that are sized to the needs of the individual client. Watch out for our next event”.

The event was also addressed by JJ O’Connell, national director and co-chair of the Plato Ireland Business Network, who rebuilt the former derelict site of the Ballyvolane Enterprise Centre to facilitate a purpose- built centre for family business and family business planning in the north Cork region, supported by the Local Enterprise Offices and Cork City Council.

JJ O’Connell stated: “We have created a safe environment here at Plato, where business owners can receive expert inputs and interchange with peers“.

EFM Ireland would like to extend a special thank you to Simon Coveney for taking the time out of his busy schedule to attend the event and for being our guest speaker.