Maoiniú de €58m faoi Chiste DTIF

Strong representation from Galway Gaeltacht companies in revolutionary technology projects earmarked for €58m funding

23 November, 2023

min read

Údarás na Gaeltachta has welcomed the announcement that three of Údarás na Gaeltachta’s client companies – Eirecomposites, HiTech Health Manufacturing and InverMed are partners in projects which will receive a share of the Disruptive Technologies Innovation Fund.

This morning the Minister for Enterprise, Trade and Employment, Simon Coveney T.D., the Minister for Higher and Further Education, Research, Innovation and Science, Simon Harris, T.D. and the Minister of State for Trade Promotion, Digital and Company Regulation, Dara Calleary T.D. announced an allocation of €58.8 million for proposals under the Disruptive Technologies Innovation Fund (DTIF).

The aim of the fund is to support investment in the development and deployment of disruptive technologies and applications on a commercial basis .

Funding was announced today for 12 projects; companies from the south Connemara Gaeltacht are partners in four of those projects.

Eirecomposites, based in Indreabhán, is a partner in the NSPCCA project, which is developing communication methods and satellites in space, jointly with the University of Ireland, Dublin, the company Mbryonics in Galway and other parties. Funding of almost €8 million has been announced for them today.

Eirecomposites, together with the University of Galway and Microfocus Galway Ltd, is also involved in the Digi-Stent project, which has received funding of €4 million, to create wireless digital stents.

HiTech Health Manufacturing has received €6.5m to develop CellConnect, a project that will capture data from every stage of the cell manufacturing process: the Gaeltacht company, located at An Tulach, is collaborating with the University of Galway and with Odyssey Validation Consultants Ltd.

Selio System, a pre-biopsy intervention device,  has also received €4 million,  Inver Med, based in Indreabhán, is jointly involved with Trinity College, the University of Limerick and Selio Medical Ltd.

Tomás Ó Síocháin, Chief Executive of Údarás na Gaeltachta, said:

“This is great news for the companies involved in the projects that received funding today. It it notable that a company from the Conamara Gaeltacht is involved in a third of the groundbreaking projects that received funding today.

“This is a great achievement for the companies themselves and also for this small Gaeltacht area. It shows that companies in Gaeltacht areas can be on a par with pioneering companies in Ireland and around the world, if they emphasize constant innovation, research and development.

Our sincere congratulations to Eirecomposites, InverMed and HiTech Health Manufacturing. Údarás na Gaeltachta aims to ensure that the Gaeltacht is at the cutting edge of innovation; there are other companies emerging across the Gaeltacht regions, which will be just as creative and innovative  as the ones we recognise today, and we at Údarás na Gaeltachta will be there to assist them.”