M I R C | Midlands Innovation & Research Centre

Midlands companies to benefit from investment in Athlone IT

AIT will benefit directly from the €50 million which will support enterprise-focused activity in the Midlands in 3 ways:

Funding the purchase of industry-relevant research equipment
Providing more incubation space for start-up companies
Establishing market-focused research groups in AIT.

The Midlands Innovation and Research Centre at AIT is home to 16 companies in communications technologies, software, renewable energy, pharma-bio and consultancy.

Making the announcement Minister Martin said:

"Balanced regional development is a Government priority and the Institutes of Technology have a unique and critical role to play in achieving this goal. The Government Strategy for Science, Technology & Innovation recommended that we focus on building up the research and innovation functions of Institutes such as AIT so that it can nurture new start-up companies and develop innovative solutions for existing companies in the Midlands”.

Midlands companies to benefit from investment in Athlone IT

Professor Ciarán Ó Catháin, President of AIT and
Minister for Enterprise, Trade and Employment, Micheál Martin, TD.

Welcoming the Minister’s announcement Feargal Ó Móráin Executive Director, Enterprise Ireland said:

"Enterprise Ireland has invested over €100 million in enterprise focused programmes delivered through the Institutes of Technology. We see AIT as a key partner in our effort to increase productivity, exports and jobs in towns around Ireland&rdqou;.

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