November 29, 2020
Business News

Kilkenny businesses to benefit from new funding for WIT research centres

Capital funding allocated to three Waterford Institute of Technology (WIT) research centres is set to support the national economic recovery and resilience of Kilkenny businesses to the Covid-19 pandemic.

WIT’s Pharmaceutical & Molecular Biotechnology Research Centre (PMBRC), South East Applied Materials (SEAM) research centre and Telecommunications Software & Systems Group (TSSG) were among the 37 successful applicants to the €6 million Capital Equipment Fund administered by Enterprise Ireland through the Technology Gateway and Technology Centre Programmes.

Co Kilkenny-based multinationals, start-ups and local businesses focused on product or process improvement are among those to benefit from the investment.

Kathryn Kiely, Industry Services Manager at WIT welcomed the announcement. She highlighted the vital role that WIT’s Technology Gateway Centres play in supporting companies to innovate, address technical challenges and to develop new product, process or service solutions.

“In the last year researchers at our three technology gateway centres, have collaborated with more than 150 companies in the life sciences, medtech, manufacturing, ICT and services sectors. Investment in research infrastructure is critical for the sustainability and competitiveness of our region,” Ms Kiely said.

“This investment by Enterprise Ireland will better position our research centres to support the technical and research challenges that companies face, enhancing resilience and competitiveness within our SME and industry base.”

A joint initiative between Enterprise Ireland and IDA Ireland the Technology Gateway Programme allows Irish companies and multinationals to work together on market-focused strategic R&D projects in collaboration with research institutions.

Minister for Training, Skills, Innovation, Research and Development, John Halligan (pictured above) recently visited the WIT research centre PMBRC which was awarded funding for a state of the art differential scanning calorimeter (DSC), an instrument that measures how material properties change when exposed to different temperatures.

The Pharmaceutical and Molecular Biotechnology Research Centre (PMBRC) is an applied research centre which aims to support the sustainable growth of the pharmaceutical and healthcare industry in the south east of Ireland.

 

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