MTU secures €7.6m investment to advance research activity

At the announcement were, front l-r: Josette O'Mullane (MTU), Dr Siobhán Mac Sweeney (MTU), Liam Lewis (CAPPA, MTU); Brian Cahill (Nimbus, MTU); Tom Fitzmaurice (IMaR, MTU); Mark Whelan (Enterprise Ireland); Dr Tim Yeomans (Shannon ABC, MTU); Karen Coughlan (Southern Regional Assembly) and Michael Loftus (MTU). Back l-r: Rachel O'Keefe (Enterprise Ireland); Prof Joseph Walsh (MTU), Prof Hugh McGlynn (MTU) and Mike Casey (MTU).

Munster Technological University (MTU) is pleased to announce that it has secured €7.6 million in funding to advance its research activities through the Enterprise Ireland Technology Gateway Programme until 2029. This crucial funding, co-financed by the Government of Ireland and the European Union through the ERDF Southern, Eastern & Midland Regional Programme 2021-27, underscores MTU’s commitment to driving innovation and collaboration between Irish industry and higher education.

Since the inception of the Technology Gateway Programme in 2013, over 4,900 Irish companies have utilised the network, engaging in more than 7,700 innovation projects. This collaborative effort has resulted in €60 million invested by companies in research projects with Technological Universities (TU) and Institutes of Technology (IoT). Notably, the majority of these companies are SMEs, leveraging cutting-edge facilities and expertise offered by the Technology Gateways.

The investment of €7.6m is projected to generate 1,660 projects with industry and will benefit several research centres at MTU, including: Intelligent Mechatronics and RFID Gateway (IMaR) & Applied IoT; Centre for Advanced Photonics & Process Analysis (CAPPA); Nimbus Gateway in Cyberphysical Systems and Internet of Things; Shannon Applied Biotechnology Centre (MTU) (Shannon ABC).

HELPING TO PUSH BOUNDARIES

Welcoming this significant funding boost, Professor Maggie Cusack, president of MTU, said, “This investment will extend MTU’s successful collaborations, driving innovation across the Southwest and connecting businesses with our esteemed research network. Together, we will continue to push the boundaries of innovation and economic growth.”

Leo Clancy, CEO of Enterprise Ireland, echoed Professor Cusack’s sentiments, emphasising the importance of the Technology Gateways in fostering innovation and growth within Irish industry. He highlighted the programme’s track record of enabling companies nationwide to develop new products, processes, and services, leveraging the expertise and resources available at academic institutions.

Research is a fundamental aspect of Munster Technological University’s endeavours, forming an integral part of its activities. Collaborating with a diverse array of organisations, including Industry, Higher Education Institutions, State, and Voluntary Bodies, MTU conducts research that contributes significantly to the Irish economy and wider society. This funding will support the Southern Region’s sectoral areas of strength and aligned with the National Smart Specialisation Strategy, thematic areas; Advanced Manufacturing, Automotive/Aerospace, Food/AgriTech, Design, ICT, Marine/Maritime, Pharma/MedTech, Renewable Energy, Cybersecurity, Smart Cities and Communities.