Dublin City University has announced a new agreement which will see AIB and PwC extend their support for DCU’s Centre for Family Business to 2021.
Since its establishment in 2013, DCU’s Centre for Family Business has offered expertise and advice, helping Irish family firms to address issues such as generational succession, integration of family and non-family talent, inheritance and estate planning, growth and exports, and the role of entrepreneurship and innovation in family business success.
The agreement will enable the Centre to expand its work to support Irish family businesses through research, events, publications and a new Connectivity Project, a peer-to-peer mentoring programme that will enable family business leaders to engage and share personal experience and learnings on specific issues of interest to family business.
The Centre has engaged with over 1,500 family firms through three national conferences and other events since 2013 and has participated in the worldwide Successful Transgenerational Entrepreneurial Practices (STEP) project, enabling Irish family firms to draw on international research and practice insights.
AIB and PwC have supported the DCU Centre for Family Business since 2015 and their extended partnership will enable it to continue to conduct annual surveys of Irish family businesses, to work with the Central Statistics Office to identify the economic contribution of family businesses to regional development, GDP and employment, to publish a quarterly e-zine read by over 2,600 family business practitioners and to host a programme of events that will include an annual national conference and CFB Road Show in Cork, Limerick and Galway.
Speaking on the announcement of the renewed partnership, President of DCU, Professor Brian MacCraith said, "The support of AIB and PwC since 2015 has been vital in enabling DCU’s Centre for Family Business to provide a platform to enhance the competitiveness of Irish family firms, to offer insights into international best practice of family firm management and to shape future policy in relation to this thriving sector. We are delighted that both companies, with such a deep understanding and connection to the family business eco-system, have chosen to continue their partnership with DCU and we look forward to working with them to enable Irish family firms to build and grow sustainably in the coming years."
Source: www.businessworld.ie