21 inventors pitched their new technologies to an audience of over 450 potential investors at the Enterprise Ireland Big Ideas technology showcase in the Aviva Stadium, Dublin 4 on Wednesday 25th September 2013.
The aim of the event is to connect the inventors with the right investors and business partners to establish new companies and create high-value jobs.
The inventors are researchers from Higher Education Institutes who have used public-funding to develop innovative technologies including;
- treatments for high-blood pressure, varicose veins and dementia
- non-stick, biodegradable chewing gum
- data security for documents stored in the cloud
- smart paint that transforms any surface into a whiteboard
- surgical innovations
- safe, natural clean-up solutions for toxic dumps
- a movement analysis tool for athletes
- an ‘effortless’ clothes hanger
In his welcome to the investors attending the event, Gearóid Mooney, Enterprise Ireland’s Research and Innovation Manager outlined the path that the inventors took to get an audience with potential investors;
“All of the ‘big ideas’ have come through the national technology transfer system which is funded through Enterprise Ireland.
Initially the technologies were developed by the researchers in Irish Higher Education Institutes (HEIs) using public research funds. Then they were commercialised with funding and advice from Enterprise Ireland and the Technology Transfer Office within the HEIs”.
“Many of the inventors have been teamed-up with business partners by Enterprise Ireland. The inventors and their teams have worked incredibly hard to get to this point where they are now ready to do deals with investors” said Mooney.
Seán Sherlock T.D. Minister for Research & Innovation presented the Enterprise Ireland Commercialisation Awards at the event.
The 3 winners were;
Professor Louise Kenny received the Enterprise Ireland Life Sciences & Food Commercialisation Award to recognise her work to develop and commercialise a predictive diagnosis for pre-eclampsia in early pregnancy. The technology is now at the core of a new Enterprise Ireland supported start-up company called Metabolomics Diagnostics Ltd and is set to create up to 40 jobs. Louise is Professor of Obstetrics at UCC and a Consultant Obstetrician and Gynaecologist at Cork University Maternity Hospital. She is also the Director of the Irish Centre for Foetal and Neonatal Translational Research which is funded by Science Foundation Ireland.
Tony O’Dowd received the Enterprise Ireland ICT Commercialisation award for licensing a piece of research generated at the Centre for Next Generation Localisation (CNGL) at Dublin City University, to form a start-up company called Xcelerator Machine Translations Ltd. The company currently has 14 full time employees and is growing a substantial client base with an innovative cloud based machine translation services. The company’s premier product is now marketed as “KantanMT”
Dr. Mark Southern received the Enterprise Ireland Manufacturing, Engineering & Energy Commercialisation Award in recognition of his outstanding record in raising the core productivity of Irish manufacturers – thus enabling them to go further in their new product development, sales and exports. Dr. Southern’s team at the University of Limerick helps companies by matching their technical issues and challenges to state-of-the-art solutions in manufacturing measurement, simulation, software and statistical know how.
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