Published
Wed, 05/12/2018 - 09:08
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Mayor of the County of Cork, Cllr Patrick Gerard Murphy has welcomed the announcement of the Enterprise Ireland Regional Enterprise Development Fund (Call 2) results.

The Regional Enterprise Development Fund, administered for Government by Enterprise Ireland, will operate on a rolling basis as part of Project Ireland 2040. This second call, which was launched in May 2018, attracted very strong interest, receiving a total of 77 applications nationally.

Agri-Innovation Hub Ireland, which Cork County Council has developed through strategic and collaborative engagements with regional stakeholders, has received €1,865,215. The Hub sets out to assist the next generation of agri-tech entrepreneurs and enable existing industry players through a single access source of agri-tech technical and entrepreneurial innovation, targeting the creation of 190 new jobs in 40+ businesses, 150 new/improved agri-tech products, and almost €30m per annum in new exports over the next three years.

Commenting on the competitive funding award, Mayor Murphy noted how Cork County Council’s establishment of Agri-Innovation Hub Ireland brings together the strength of Cork’s agri-tech sector with those who play a vital role in this industry,

“This is a key indigenous high potential growth sector for both Cork and Ireland in the years ahead and vitally with have a significant positive impact on job creation and enterprise development.”

Chief Executive of Cork County Council, Mr. Tim Lucey, went on to say,

“Agri-Innovation Hub Ireland, led by Company Members Cork County Council, Tyndall National Institute, Cork Institute of Technology (CIT), Dairygold Co-Operative Society Limited and Founding Partner and Champion, Teagasc, will accelerate the growth path of Ireland’s agri-tech sector and entrepreneurship. This will be achieved through delivering concentrated and single access supports to escalate the growth path of agri-tech industry disruptors and assisting the next generation of agri-tech entrepreneurs in a supportive, innovative and synergistic enterprise environment.”

Mr. Lucey concluded,

“Agri-Innovation Hub Ireland will be the first agri-tech infrastructure project in Ireland to have multi-agency support at one location, including key specialisms in all Agri4.0 disciplines such as pasture-tech, artificial intelligence, IOT, robotics, big data, VR/AR, cyber-security and analytics.  This will be a step-change infrastructure and ecosystem support project based in Kilworth, County Cork, serving the national and international agri-tech sector.”