Research spin-outs to create 30 jobs
Three spin-out enterprises from a government-backed technology centre are to create 30 high-tech jobs over the next three years.
The Irish Centre for Manufacturing Research (ICMR) along with its partner, the Innovation for Ireland’s Energy Efficiency Research Centre made the announcement at an innovation expo in Dublin today.
The two centres, backed Enterprise Ireland and IDA Ireland, were established to bridge the gap between academia and the market.
Over the past 18 months they have worked with universities and high-potential start-ups to make companies more productive and enable spin-outs.
The two centres today launched three technology start-ups – GreenMode Methods, ivVer and HVAC – on foot of a €3.5 million investment from the State and the private sector.
Minister for Jobs, Enterprise and Innovation, Richard Bruton, who attended the event, said: “A key means of supporting job-creation in this sector is ensuring that we derive the greatest possible benefit from the major State investment in scientific research over the past decade."
"That is why we have established this technology centre in advanced manufacturing to bring industry and academia together to focus on creating viable businesses and jobs out of scientific research - alongside the range of centres in other key high growth sectors."