Regional Enterprise Development Fund (REFD) 8th January 2020
€627,000 fund for new Innovation Engine –Tipperary Town
Minister for Business, Enterprise and Innovation Heather Humphreys TD, today announced €500,000 funding under the REDF for Tipperary Town and the refurbishment of the existing Technology Park for a new Tipperary Innovation Engine. This project will deliver 13,000 sq ft of contemporary enterprise space in Tipperary Town and bring to market up to 40 flexible hot desks and co-working spaces, office space with the capacity to house 60 employees as well as meeting rooms, a training room and associated facilities.
Pat Slattery, Director of Services, Tipperary County Council, stated that the facility “will be closely linked to Innovation ENGINE Limerick and will serve as a multiservice centre for enterprise within the catchment of Tipperary town; providing the physical space for existing and new companies to locate their place of work; but also by co-locating with enterprise support services. The project has the support of Tipperary Education Training Board for training and skills development, Tipperary Local Enterprise Office for enterprise support and business advice clinics, as well as local business leaders and Jobs4Tipp.
Morgan Mooney, Jobs4Tipp, stated that he was delighted to be part of this successful application, and was now looking forward to working with all stakeholders to deliver the project. “A small e-hub is operational currently, but this funding will deliver high quality facilities for remote working with on-site management and regional support from the Engine Limerick.
Michael Fitzgerald, Cathaoirleach of Tipperary Cahir Cashel Municipal District, stated that the facility “will have the capacity to create a network of SMEs, start-ups and entrepreneurs, housed in a modern facility. It will maximise the potential benefits arising from links to Engine Limerick, and support Tipperary Town as a location for remote working. It will help those living in Tipperary but wishing to work for a company located elsewhere, and will also provide the opportunity for businesses currently based elsewhere to relocate to Tipperary”.
The objectives of the Tipperary Innovation Engine project will seek to:
Have a joined-up regional approach through the creation of a network of e-hubs
Provide access to Multi-national firms connected to the Innovation Engine Limerick
Increase the number of persons availing of 'remote working' options
Pilot a remote working initiative in accordance with the Climate Action Charter
Address social disadvantage by integrating job opportunities with training providers
Tipperary County Council has also committed match funding of €127,000 to assist in the delivery of this project. Work is expected to commence on the project in the coming months following a design and tender process. When renovation work is completed, a full-time centre manager will be recruited to market the centre and develop new business opportunities.
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