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A COLLABORATIVE OF creative businesses who set up shop together in recession-hit Ireland is showing the nation how to “courageously fight back” in challenging times.
So President Michael D Higgins today praised the Fumbally Exchange community for using their “creative capital” to “make a response in difficult times”. The Fumbally Exchange today officially launched a flagship HQ on Dublin city centre’s Dame Lane.
It began life under the guidance of architect and social entrepreneur George Boyle on Fumbally Square in Dublin 8; a group of artists and creative businesses coming together to pool office space, overheads, ideas and support. Speaking at today’s launch, Boyle said that no member had ever drawn down a salary from the Fumbally Exchange – it is a not-for-profit organisation – but that it now had 158 members with a combined turnover of more than €6m.
Boyle said that it supported entrepreneurs who wanted to “imagine, dream and believe for a better future”, citing the Irish proverbs “Ní neart go cur le chéile” (No strength without unity), and “Is fear beagán den ghaol ná morán den charthanas” (A little co-operation is better than charity). She won a social entrepreneurship bursary and award for her work with the Exchange in 2012.
“I refer to us as Fambally,” she joked of the highly collaborative atmosphere in which the Exchange has grown.
Today’s launch also heard that the Exchange – which has already established sister communities in Waterford, Balbriggan and Italy – is planning to open 13 further Fumbally Exchanges in the UK and Ireland.
(Seen below is Fumbally director Ciaran Ferrie with Boyle and President Higgins).
The first of these will be housed in a former bank in the centre of Inchicore, providing 15 low-cost desks specifically for social entrepreneurs. There is also a plan for a “soft opening” of the FEx Academy at the Dame Lane HQ, which will offer training and education in niche modules from a range of Exchange members and outside experts.
President Higgins said he was delighted to see a creative community gathered together. “Sabina, my wife, and I have always enjoyed spending time in communities like this,” he commented. He added:
Our future in Ireland is neither derivative nor speculative, but rather there are great possibilities for us in drawing on innovation and creativity. Fumbally Exchange symbolises and exemplifies so much of the spirit and vision and yearning which lies at its heart.The varied businesses here would inspire confidence in anyone in our nation’s outgoing economic renewal. Into everything economic is poured the lives of people. Every life is important and, even more so, every imagination is important. Fumbally Exchange gives an example and a microcosm of where Ireland can go.
Founder Boyle said that the Exchange – described by the Wall Street Journal as the “workhorse of Europe” – is making change “all for one, and one for all”.
Is the Fumbally Exchange co-operative an idea you could see working in your community or area? We’d love to hear your thoughts in the comments section.
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Brilliant idea. Congrats.
Congratulations to all concerned.
Fantastic
I think the caption on that photo is wrong. It doesn’t look like it came off a 3D printer. It seems to have been cut from a sheet and assembled
Thank you Susan for a wonderful capture of a mind-melting day. Still bewildered and trying to come to terms with it. Feel like I’m still in some sort of dream!
The success of the Exchange is down to the tenaciousness, generosity, innovation and creativity of everyone involved George – it has been a privilege to see it grow. Viva FEx!
Maybe it’s the hat. Dammit I’ve got it. It’s the hat.
Hope you liked it. Graham Thew dared me to wear a feather in my cap
Remind me how this relates to the Fumbally Cafe again? Are they related?
One is a cafe based in New St, on the corner of Fumbally Lane, opened in 2012 or thereabouts. The other is a not for profit community of designers and other creatives originally founded in Fumbally Lane and now based in Dame Lane. The Fumbally Exchange predates he cafe by about two years and have no connection whatsoever, as far as I can see.
Ah, I see! Thanks for the explanation. It makes for an eye catching name in both cases.
True, both eye and earcatching and an interesting name in itself.
The proprietors of The Fumbally Café, Luca and Aisling, are dear friends of ours and are true food pioneers I think. But yes, the connection is not direct and we like to think the cafe also recognised the gritty and iconic pull of this part of the Liberties in making Fumbally Lane their home. They are among the people and things we most miss after moving to Dame Lane
Just wondering where in Balbriggan the other premises is, I live nearby and never heard of it.
Balbriggan premises is on Railway Street, in the former Smyth & Co hosiery manufacturers’ building, above the Brick Room cafe.
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