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GMIT Innovation Hub secures funding to support next wave of start ups

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GMIT Innovation Hub secures funding to support next wave of start ups

Galway Bay fm newsroom - GMIT's Innovation Hub has secured funding to support the next wave of start ups.

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Innovation centres set to be part of the planned Connacht-Ulster Alliance have been allocated almost half a million euro in funding.

All three of the CUA Innovation centres received grants with the GMIT Hub receiving two grants totaling over 177 thousand euro.

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Letterkenny IT’s CoLab received an allocation of 150 thousand euro while Sligo IT’s Innovation Centre received over 146 thousand euro.

The funding announced through Enterprise Ireland aims to ensure the Enterprise Centres, many of whom have been negatively impacted by Covid-19, can sustain their businesses and further develop their services to support the next wave of Irish start-ups.

Galway-Mayo IT, IT Sligo and Letterkenny IT are working together to become a Technological University for the West and North-West of Ireland with a formal application expected before the end of the year.

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