New Technology Gateway to help open doors for regional business

30th September 2016


An exciting new gateway of opportunity for developing businesses in the precision engineering, manufacturing and materials sectors was officially opened on Friday at the Institute of Technology, Sligo with the formal opening of the new Precision Engineering and Manufacturing (PEM) Technology Gateway.

Funded by Enterprise Ireland, the PEM Technology Gateway was launched by the Minister of State for Employment and Small Business, Pat Breen T.D.

The PEM Gateway provides a resource network targeted at companies based both in the North West and nationally. It aims to give companies an opportunity to develop their business through collaborative research and development while networking with other businesses in the area.

The network has a particular focus on start-ups and SMEs, enabling companies to source technology solutions for their ‘close-to-market’ needs.

Speaking at Friday’s official launch in IT Sligo, Minister Breen said: “This is the latest Technological Gateway to be part of a national network which is creating the conditions where enterprise, entrepreneurship and innovation can flourish and quality employment opportunities can be grown and maintained. Access for companies, especially start-ups and SMEs, to this specialised R&D support is critical to help them improve their competitiveness and develop new product ranges.”

The Technology Gateway Programme was established by Enterprise Ireland (EI) to provide business development resources to the Institutes of Technology to help them interact with industry on a local, regional and national basis.  As part of this network IT Sligo is receiving €275,000 over a two-year period (Jan 1, 2016 – Dec 31st 2017) from EI.

Gearoid Mooney, Divisional Manager Research & Innovation, Enterprise Ireland said: "Since its formation in 2013, the Enterprise Ireland Technology Gateway Programme has created a nationwide network of 15 industry focused Gateways located in 11 Institutes of Technology.

“The PEM Gateway now established in IT Sligo is a significant addition to this network, delivering high tech innovative solutions in precision engineering, manufacturing and materials. The Technology Gateways have a proven track record of working seamlessly with industry and the PEM Gateway will further incentivise business ideas with potential for growth in the North West region, providing access points to companies of all sizes, particularly start-ups and SME's."

The new President of IT Sligo, Dr Brendan McCormack, said the new Technology Gateway was an endorsement of region’s expertise and heritage in precision engineering, tool making and manufacturing over the past forty years, and also represented another pillar in the collective industry ambition for region to establish a world class Centre of Excellence in the manufacturing of precision engineered products. 

“The North West of Ireland is striving to build an economic base that will provide livelihoods for its people and that will support vibrant communities across the region,” he said.

“It is our responsibility to help ourselves and to develop strategies which will be build up the region and help create an environment which entices our future younger generations to stay and work in the region.”

The new PEM Technology Gateway at IT Sligo will be managed by Alan Hernon, whose main role will be to secure, manage and successfully deliver industry projects and solutions for the Technology Gateway industrial partners.

 

Ends

Notes for Editors

 

Technology Gateway Network

The Enterprise Ireland Technology Gateway Programme began in 2013, and has created a Nationwide Network of 15 industry focused Gateways located in 11 Institutes of Technology (www.technologygateway.ie).  In January 2016, three new Gateways were added to the Network, Design +, IT Carlow,  MET, GMIT and PEM, IT Sligo.  The Gateway Network leverages the industry focused expertise within the Institutes of Technology to deliver near to market solutions for Irish industry. The Technology Gateways have a proven track record of working with industry and act as open access points for industry of all sizes but in particular Start-ups and SMEs.  Since 2013 the Technology Gateway Network has completed in excess of 1,500 innovation based industry projects with over 600 Irish based companies across all sectors.  The total value of these projects is approximately €15 M with 44% of the total directly coming from industry.  The majority of the projects (≈90%) are small in the region of €5-10,000, focusing on the development of a new product or service or to help optimize a manufacturing process.

 

ENDS

For further information contact 

Alan Hernon

PEM Gateway Manager, IT Sligo

Alan Hernon

+353 87 2492829