Burke announces €12.1m investment during TUS Athlone visit
Minister for Enterprise, Tourism and Employment Peter Burke has announced a major €12.1 million investment in state-of-the-art research equipment under the latest Capital Equipment Call.
The announcement was made at the Technological University of the Shannon (TUS) in Athlone, highlighting the university’s key role in driving industry innovation and collaboration in the Midlands and beyond.
The funding, administered by Enterprise Ireland, will support ten projects across third-level institutions, enhancing the capabilities of Technology Gateways and EI/IDA Technology Centres nationwide. This investment will enable Irish businesses, particularly SMEs, to access cutting-edge equipment to develop new products and services in areas such as sustainability and advanced manufacturing.
Among the funded projects is the Smart Sustainability Manufacturing Suite at the Applied Polymer Technology (APT) centre at TUS Midlands, reinforcing Athlone's position as a hub for innovation and industry collaboration
It's believed the funding for the Athlone project amounts to some €2m.
Minister Burke said: “I am delighted to announce this significant investment at TUS Athlone, which will provide essential research and innovation resources to businesses across Ireland. Innovation is at the heart of economic growth, and this funding will help companies develop world-leading products and services. By strengthening our research infrastructure, we are ensuring that Irish businesses, particularly SMEs, have access to the latest technology to remain competitive in global markets.
“TUS Athlone has a proud tradition of research excellence and strong partnerships with industry. This investment will not only enhance the university’s capabilities but also strengthen the Midlands as a centre for cutting-edge innovation. It will open new opportunities for businesses in Athlone and the surrounding region, ensuring they have access to the tools and expertise needed to grow and succeed.”
Marina Donohoe, Divisional Manager, Research & Innovation at Enterprise Ireland, added: “The cost of high-end research equipment is often beyond the reach of SMEs. By investing in these resources within our Technology Gateways and Centres, we are ensuring that businesses across Ireland, including here in the Midlands, can harness cutting-edge technology to enhance their capabilities, drive innovation, and contribute to Ireland’s climate action goals.”
Since 2019, the Capital Equipment Fund has invested €55 million in over 200 equipment purchases, strengthening Ireland’s research and development landscape.
This latest round of funding ensures that TUS and other third-level institutions remain at the forefront of industry research, fostering collaboration between academia and businesses to drive competitiveness and economic growth.