DUBLIN: Dublin City University (DCU) & Beauchamps announced today (1 November 2018) that Beauchamps is to partner with DCU’s National Centre for Family Business (NCFB) in a three year agreement.
Since 2013, DCU’s National Centre for Family Business has established a reputation as a hub of expertise and advice, helping Irish family companies 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.
L to R: John white, Managing Partner, Beauchamps and Brian McCraith, President DCU
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.
Beauchamps will join existing partners AIB and PwC, who have supported the Centre since 2015.
This 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, Dr Eric Clinton, Director of the DCU Centre for Family Business described how the partnership will enable the Centre to expand its activities to support Irish family firms over the next three years:
“We are very excited that Beauchamps’ support will enable the Centre to further our ongoing research and outreach activities. Our goal is to encourage family business leaders to engage and share personal experience and discuss specific issues of interest to family business. This partnership will allow the Centre to further develop new and very practical layers of support to Irish family firms.”
Commenting on the announcement, John White, Managing Partner of Beauchamps said:
“Beauchamps is delighted to announce our partnership with DCU’s National Centre for Family Business.
Supporting continued growth in the family business community is at the heart of what we do at Beauchamps. The management and operation of a family business raises unique legal and strategic challenges that traditional businesses rarely face. Through our work with generations of Ireland’s leading family businesses we see, at first hand, the enormous contribution they make to the economy.
We wholeheartedly support the Centre’s vision is to achieve national and international recognition as a centre of world-class expertise and its role in providing advice for family businesses in Ireland and abroad. This collaboration will allow us to share unique research and practical insights with our clients, which we hope will equip them with the knowledge they need to evolve and succeed.
We are delighted to support the Centre and its valuable work and we look forward to working alongside our fellow partners AIB and PwC to help Irish families achieve sustained growth in the years ahead."