Enterprise Ireland Technology Gateways programme gets €47m boost
Enterprise Ireland’s Technology Gateways will receive a funding boost of €47 million as its been announced that the programme will now run until 2029.
Charged with increasing the levels of interaction between Irish Industry and the Technological Universities (TU) and Institutes of Technology (IoT), the programme is co-financed by the Irish government and the European Union through the ERDF Southern, Eastern & Midland Regional Programme 2021-27 and the Northern & Western Regional Programme 2021-27.
To date, more than 4,500 companies have spent €60 million via the Technology Gateways collaborating with researchers in the TUs & IoTs.
Most of these companies are SMEs who gain access to facilities and knowledge that would be unavailable to them without the Technology Gateways.
“Over the next seven years the new programme will build on its previous achievements and continue to connect our businesses into our world class third level research system, driving innovation across all regions of Ireland,” said Minister for Enterprise, Trade and Employment, Simon Coveney
The new programme is co-funded by the European Regional Development Fund and I would like to thank the Northern & Western and Southern Regional Assemblies for all the assistance in securing this funding.
“The €47million will allow the existing 16 Gateways to continue to deliver solutions for Irish SME’s who are the core users of the programme. The funding will also be used to add a new Technology Gateway to the existing Network based in Technological University of the Shannon:Midlands Midwest that will help local companies leverage the existing manufacturing expertise of the university.”
CEO of Enterprise Ireland Leo Clancy also welcomed the funding: “Technology Gateways focus on key technology areas aligned to industry needs. Companies all over Ireland use Technology Gateways to develop new or better products, processes and services. Since its inception in 2013, the programme has provided over 4,500 companies in Ireland with access to the talents and facilities available in the Technological Universities and Institutes of Technologies.
“The success of the programme to date demonstrates how important research and development is to the growth of Irish companies. I fully expect the new programme to continue to deliver the same levels of engagement between Irish industry and the Technology Gateways to ensure our client companies continue to compete, grow and scale.”