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Barclays to help new businesses take flight at Ormeau Baths hub

By John Mulgrew

Barclays is launching a business incubator at Belfast's newest technology centre.

The bank will become a major partner in the new Ormeau Baths venture.

The Baths are being transformed into an entrepreneurial campus.

The project's backers include FanDuel entrepreneur Nigel Eccles, Frankly's Aaron Taylor and Mark Dowds of insurance platform Trov.

The Barclays Eagle Lab, which opens its doors in June, will be part of a 150-seat co-working site providing access to mentoring, event space and workshops.

Adrian Doran, Barclays head of corporate banking in Northern Ireland, said: "The Barclays Eagle Lab business incubator has been successfully launched in nine other major cities across the UK, some by regenerating unused Barclays premises and others by partnering in the regeneration of old city buildings. As a business, Barclays has been looking for a partner and premises for an Eagle Lab here in Northern Ireland for some time, as it is part of our wider strategy to grow our SME business, and in particular focus on supporting high growth businesses and entrepreneurs."

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