20/05/2011

Technology Centres 'Turn Ideas Into Jobs'

The investment of €10million in industry-led manufacturing research and energy efficiency centres will ensure new businesses are created and established businesses create more jobs.

Minister for Jobs, Enterprise and Innovation Richard Bruton today launched the technology centres focused on helping to turn good research and development ideas into good jobs.

The €10million investment in industry-led technology centres follows Minister Bruton’s announcement last week of €55 million in investments in commercialisation initiatives, including a €5million technology centre in cloud computing.

Making the launch today, the Minister said: “I have consistently said that if we are going to get the economy growing and create jobs we have to focus on three things: reducing business costs; improving access to finance and encouraging innovation and improving commercialisation of research ideas.

“If we are to develop the companies of the future in Ireland, both indigenous and multinational, we must not only fund high tech research in our universities but also crucially ensure that the research ideas we have developed can be put into action in industry. In this way, new businesses can be created and established companies can expand and create more jobs.”

(BMcN)

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