Menu
08/04/2016
WIT Secures €2.5m Expansion Investment From Enterprise Ireland
Waterford Institute of Technology (WIT) has secured a €2.5 million investment from Enterprise Ireland to expand its incubation facilities in ArcLabs Waterford.
The 1,000m2 extension will be developed on WIT's Carriganore campus.
It will allow the institute to double its capacity to support technology start-ups in the South East region.
The 20-month project will provide new offices as well as a supporting environment for an additional 100 people on the site.
Kathryn Kiely, Manager of Industry Services at WIT, said: "Through this €2.5m expansion we are doubling our capacity to attract entrepreneurs and start-ups to Waterford and the South East. At ArcLabs we support and develop the transformation of ideas and early stage technology into scalable, sustainable businesses.
"Over the past decade we have created an ideas, innovation and technology hub which offers an environment in which entrepreneurs, businesses and researchers can collaborate."
(LM)
The 1,000m2 extension will be developed on WIT's Carriganore campus.
It will allow the institute to double its capacity to support technology start-ups in the South East region.
The 20-month project will provide new offices as well as a supporting environment for an additional 100 people on the site.
Kathryn Kiely, Manager of Industry Services at WIT, said: "Through this €2.5m expansion we are doubling our capacity to attract entrepreneurs and start-ups to Waterford and the South East. At ArcLabs we support and develop the transformation of ideas and early stage technology into scalable, sustainable businesses.
"Over the past decade we have created an ideas, innovation and technology hub which offers an environment in which entrepreneurs, businesses and researchers can collaborate."
(LM)
Related Irish News Stories
Click here for the latest headlines.
28 February 2024
Gaming Business Ideas To Start In Ireland
Are you passionate about gaming and considering turning your hobby into a profitable business in Ireland? You're in luck! The gaming industry is booming, and many opportunities are waiting for you. Here are ten gaming business ideas that could be your ticket to success in this exciting field. 1.
Gaming Business Ideas To Start In Ireland
Are you passionate about gaming and considering turning your hobby into a profitable business in Ireland? You're in luck! The gaming industry is booming, and many opportunities are waiting for you. Here are ten gaming business ideas that could be your ticket to success in this exciting field. 1.
22 October 2014
Waterford IT Pull Out Of Merger Plans
Waterford IT (WIT) has pulled out of merger plans with IT Carlow. President Dr Patricia Mulachy said she is "disappointed" with the decision.
Waterford IT Pull Out Of Merger Plans
Waterford IT (WIT) has pulled out of merger plans with IT Carlow. President Dr Patricia Mulachy said she is "disappointed" with the decision.
02 November 2010
Funding To Support Cultural Tourism Technology
A major €1 million fund to boost cultural tourism technology projects has been announced.
Funding To Support Cultural Tourism Technology
A major €1 million fund to boost cultural tourism technology projects has been announced.
27 July 2011
Most 'Tech Firms' Hiring Staff This Year
Two-thirds of technology firms in Ireland are seeking to hire new staff during the remainder of 2011, according to a new study by Mazars R&D Tax Group. However companies may not be fully utilising R&D tax credit incentives that may be used to hire additional key employees.
Most 'Tech Firms' Hiring Staff This Year
Two-thirds of technology firms in Ireland are seeking to hire new staff during the remainder of 2011, according to a new study by Mazars R&D Tax Group. However companies may not be fully utilising R&D tax credit incentives that may be used to hire additional key employees.
16 October 2009
Mobile Success For SLA
Rapid overseas expansion and a string of international deals with some of the world's biggest mobile brands have helped power SLA Mobile to third place in Ireland's high-tech company leader board.
Mobile Success For SLA
Rapid overseas expansion and a string of international deals with some of the world's biggest mobile brands have helped power SLA Mobile to third place in Ireland's high-tech company leader board.
-
Ireland WeatherToday:There will be a mixture of bright intervals and a few showers. Best of the sunny spells will be near the North Coast. Feeling on the cool side. Maximum temperature 10 °C.Tonight:Showers will gradually die out during the evening. A cold night with long clear spells leading to a touch of frost in places. Minimum temperature 0 °C.
