Munster Technological University has secured €1.2 million funding for knowledge transfer from Enterprise Ireland’s KT Boost programme, marking a key milestone for the University in driving socio-economic growth through research commercialisation and collaboration with enterprise. The KT Boost Programme is co-funded by the Government of Ireland and the European Union through the ERDF Southern, Eastern & Midland Regional Programme 2021-2027.
MTU’s successful acquisition of the substantial funding from Enterprise Ireland under the ERDF Regional Programme underscores its strategic vision and collaborative ethos. The €1.2 million injection serves as a catalyst for expansion of the university’s knowledge transfer endeavours, facilitating the seamless transition of cutting-edge research outcomes into tangible solutions that address industry challenges and societal needs. This funding not only validates MTU’s research capabilities but also accentuates its pivotal role as a driver of regional and national innovation ecosystems.
MTU’s Innovation and Enterprise Manager, Josette O’ Mullane says “MTU’s success in securing €1.2 million funding for knowledge transfer underscores its broader societal impact and commitment to driving regional development. By fostering synergies between academia, industry, and government agencies, MTU plays a key role in fostering a vibrant innovation ecosystem and in supporting Ireland Inc as a knowledge-driven economy.”
MTU’s strategic plan, Our Shared Vision commits that MTU will enhance the strength of its ecosystem of research, innovation and knowledge transfer expertise and MTU commits to impactful transfer of knowledge across all of our research and innovation domains. At the core of this funding success lies MTU’s proactive engagement with Enterprise Ireland.
Dr Christian Stafford, Head of KTI and Head of R&I Stakeholder Engagement at EI says:
“On behalf of EI and KTI, we are delighted to announce the strategic funding award under the new KT Boost programme to MTU. Through KT Boost this funding will help drive the significant evolution and enhancement of knowledge transfer activities from MTU both regionally and nationally. The funding specifically will support the Innovation and Enterprise Office of MTU to retain and hire highly skilled staff, support commercialisation from the growing MTU research base and drive research collaboration with industry to access its research infrastructure, capability and talent. The KT Boost funding also complements the recent EI and ERDF co-funded investment in CyberInnovate at MTU which has huge potential to transform the entrepreneurial and spin-out agenda in the region. The new award builds on previous support under the Technology Transfer Strengthening Initiative (TTSI) and we look forward to working in partnership with MTU to realise the full potential of their research and innovation capabilities for economic and societal impact. “
This funding is a vote of confidence in MTU’s academic talent, research infrastructure, and the expertise of its faculty members and will empower MTU to expand its knowledge transfer activities across diverse sectors ranging from biotechnology and renewable energy to information and communication technologies. Through strategic collaborations with industry partners, startups, and SMEs, MTU aims to accelerate the commercialisation of research findings, stimulate entrepreneurship, and contribute to a culture of innovation in the region and nationally. For more information on job opportunities in research commercialisation or on how to collaborate with MTU researchers please contact Josette.omullane@mtu.ie
KT Boost Programme is co-funded by the Government of Ireland and the European Union through the ERDF Southern, Eastern & Midland Regional Programme 2021-2027.
