Entrepreneurs who started the Enterprise Ireland New Frontiers programme at Synergy Innovation Centre in IT Tallaght in May are targeting over €4m in follow-on investment and an additional 50 jobs.
The new jobs are expected over the next 18 months, with more on the way over the next 2-3 years.
The 13 innovative entrepreneurs presented their start-ups to business angels and investors at the Synergy Innovation Centre IT Tallaght last Thursday.
Software and technology companies dominated the attendees, whose start-ups covered the areas of life sciences, electronics, software and food & drink.
Thomas Stone, President, Institute of Technology Tallaght, said:
“ITT and Synergy Centre are strengthening our position as the leading hub for knowledge-intensive innovation in South County Dublin.
“Enterprise Ireland’s New Frontiers programme has been a fantastic support for our participating companies where we aim to continue expanding our programmes.
“This includes plans to increase the numbers of contracts we have with industry for our research facilities and technology solutions, while also growing the engagement of our undergraduates and postgraduates in entrepreneurship development programmes.”
New Frontiers is Ireland’s national entrepreneur development programme, delivered at local level by Institutes of Technology and funded by Enterprise Ireland.
More than 264 entrepreneurs have participated in the six-month programme since its founding in 2012. A ‘second phase’ follow-on programme will begin in 2018.