Minister Humphreys announces over €40m for 26 Projects to drive job creation in the regions
- Projects approved following the third call of the Regional Enterprise Development Fund.
- The announcement comes with the news that we now have the highest number of IDA-supported jobs in the regions ever.
- Two-thirds of all Enterprise Ireland-supported jobs were outside Dublin in 2019.
Minister for Business, Enterprise and Innovation Heather Humphreys TD, today announced the results of the third call of the
Regional Enterprise Development Fund (REDF), an open national competitive call to support regional projects that drive sustainable job creation in the regions.
The Minister made the announcement as she officiated at the annual results for IDA Ireland for 2019, which showed strong job creation in the regions.
26 successful applicants representing all regions of the country have been approved for funding of over €40 million for their collaborative projects and today’s
announcement brings the total amount awarded under the Fund to almost €100 million to date. The fund is an initiative of the Government under Project
Ireland 2040 and it aligns with the Future Jobs Ireland framework. It is administered for the Government by Enterprise Ireland.
Delighted to confirm €9.7m for five projects in Galway under the Regional Enterprise Development Fund as announced by Minister @HHumphreysFG today. The funding will support @GalwayTech @galwaycity @portershed @galwayfilmcentr @GMITOfficial @GRGalway @SCCULEnterprise pic.twitter.com/e5uQ8STKUr
— Seán Kyne TD (@SeanKyneTD) January 8, 2020
Incubation and Co-working space
Galway City Innovation District (GCID)
Galway Technology Centre DAC
SCCUL Enterprises CLG
Grow Remote CLG
Remote work activation
Reactions From around Twitter
A lot has happened since we decided to try to get a downtown innovation district going @portershed. From 0 to 130 & soon 350 desks but more importantly a lot of great people getting together being positive about business & what we can be. Today we got another 1.2m funding☘️ pic.twitter.com/JFUS9Ip8hz
— David Cunningham (@davebarna) January 8, 2020
We are delighted with confirmation today that we are to receive funding to develop a centre for scaling tech co's under the Regional Enerprise Development Fund. Thank you to @SeanKyneTD @Entirl
'€4m GTC grant aid enhances Galway’s status as EU tech hub' https://t.co/CimMNgjgyx pic.twitter.com/BLc6xsd6M1
— GalwayTechCentre (@GalwayTech) January 8, 2020
We’ve secured half a million in funding to build out the organisation over the next three years.
— Grow Remote (@GrowRemoteIrl) January 8, 2020
An apt time to give a huge shout out to @AIBBiz for #backingbrave and believing in the PorterShed back in 2015. As our main sponsor @AIBIreland has been invaluable both financially and as a key asset to our tech community! Thank you Colin Hunt @evincusack @bannon_anne @RuaneDave pic.twitter.com/668zaqgXI2
— PorterShed (@portershed) January 8, 2020
We look forward to building on what has been an incredible three years.
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