Minister of State Pat Breen and the President of IT Sligo, Brendan McCormack, at the launch of the new PEM Technology Gateway recently.
The opening of the new precision engineering, manufacturing (PEM) Technology Gateway at the Institute of Technology of Sligo has heralded the beginning of greater opportunities and developments in this area.
Funded by Enterprise Ireland, the PEM Technology Gateway was launched by the Minister of State for Employment and Small Business, Deputy Pat Breen.
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.
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.