23rd October 2013, Monday
By David O’Sullivan
TheCork.ie spoke with Tyndall National Institute CEO, Dr. Kieran Drain back in August 2013 at a jobs announcement and he said the Tyndall was improving it’s profile
Well, he was right. The Tyndall National Institute today announced the signing of a Memorandum of Understanding (MOU) with PCH International to support the generation and scaling of new high tech start-up companies in Ireland targeting the global market.
The MOU provides for close collaboration between PCH’s two programmes for startups, Highway1 and PCH Accelerator*and Tyndall’s international network of over 200 industry clients to identify market opportunities. Potential projects will target the electronics, medical devices, energy and communication industries with research and development at Tyndall’s unique state-of-the-art research and pilot-line fabrication facilities in Cork.
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Minister for Research and Innovation, Sean Sherlock T.D. says
“Commercialisation and market reach are key to deriving maximum value from research. The Tyndall-PCH partnership is a prime example of what can be achieved when industry and research institutes work together and will be a flagship collaboration for Ireland, working to incubate start-ups, provide better jobs and drive Irish and European competitiveness.”