{"id":420901,"date":"2026-04-28T01:43:07","date_gmt":"2026-04-28T01:43:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/420901\/"},"modified":"2026-04-28T01:43:07","modified_gmt":"2026-04-28T01:43:07","slug":"gec-start-ups-made-e140m-in-revenues-last-year","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/420901\/","title":{"rendered":"GEC start-ups made \u20ac140m in revenues last year"},"content":{"rendered":"<p>Start-up companies supported by the Guinness Enterprise Centre (GEC), including graduate and current resident companies, have generated \u20ac2.5 billion in revenues over the last 25 years.<\/p>\n<p>In 2025, GEC-based start-ups made \u20ac140m in revenues.<\/p>\n<p>The GEC is Ireland&#8217;s largest start-up hub and has launched an economic impact study to mark 25 years since it was built on the site of an old warehouse attached to the Guinness brewery.<\/p>\n<p>The research shows that the GEC has supported more than 1,500 start-ups by providing space, mentoring programmes and funding pathways.<\/p>\n<p>According to the study, previous and current resident start-ups are now supporting 13,225 jobs per year.<\/p>\n<p>Carried out by KHSK Economic Consultants and commissioned by the GEC, the report found that the 160 businesses based at the GEC returned \u20ac31 million to the exchequer in 2025.<\/p>\n<p>They produced \u20ac73 million in exports and anticipate average revenue growth of close to 70% in 2026, highlighting their market opportunity across key sectors including sustainability, healthcare and AI.<\/p>\n<p>The resident companies employed 743 people in 2025, of which 86% are recent college graduates.<\/p>\n<p>&#8220;Our Economic Impact Report showcases the standards the GEC has set for success, with notable graduates including Havoc \u2013 sold to Intel for $110 million in 2007 \u2013 and Adaptive Media, acquired by Enea for $45 million,&#8221; Niamh Collins, Centre Director, Guinness Enterprise Centre said.<\/p>\n<p>&#8220;We are helping to build international success stories from Ireland and will continue this momentum well into the future,&#8221; she added.<\/p>\n<p>The founding partners of the GEC are Diageo, Dublin City Council, Dublin City Local Enterprise Office, Enterprise Ireland and Furthr.<\/p>\n","protected":false},"excerpt":{"rendered":"Start-up companies supported by the Guinness Enterprise Centre (GEC), including graduate and current resident companies, have generated \u20ac2.5&hellip;\n","protected":false},"author":2,"featured_media":420902,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[61,60,43],"class_list":["post-420901","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ireland","tag-ie","tag-ireland","tag-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/420901","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=420901"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/420901\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/420902"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=420901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=420901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=420901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}