€250 million in capital flowed through the RDI Hub for startups and scaling companies in the southwest region. €1M Smart Regions AI Navigator Programme: Partnering with Enterprise Ireland, RDI Hub launched a €1 million programme to help SMEs adopt AI solutions. RDI Hub celebrates its five-year anniversary as €250 million in capital flows to its members.
Photo credit Don McMonagle. L-R Minister Norma Foley, Bertie Murphy, Chief Strategy Officer Fexco, Anna Savage, Fexco Group CFO, Neil Hosty, Fexco Group CEO, Denis McCarthy, Chairman at Fexco and Liam Cronin CEO RDI Hub.
RDI Hub celebrates its five-year anniversary
Impact over 5 years
In the five years since its inception, the RDI Hub has become a pivotal player in the evolving innovation landscape across Ireland. The RDI Hub has seen over €250m in capital flow through to be invested in its members to establish and grow their business. In addition, other key findings from the RDI Hub Impact Report include:
97 member companies have been supported through the RDI Hub since it opened in 2020
These companies have created and supported over 430 jobs
70 new products and services have been launched by RDI Hub companies
Over 10,000 people have attended RDI Hub training programmes, including the AI Summer School, NDRC, and Skillnet Innovation Exchange
Providing STEM education to over 500 female secondary school students in Munster in 2024.
EI and RDI Hub announce a €1m Smart Regions AI Navigator Programme
Partnering with Enterprise Ireland, RDI Hub announced the €1 million Smart Regions AI Navigator programme, which will enable SMEs to adopt and implement artificial intelligence solutions. The Smart Regions AI Navigator programme is co-funded by the Government of Ireland and the European Union through the Southern, Eastern & Midland Regional Programme 2021-2027. Over the next three years, the programme will deliver AI masterclasses, strategic workshops, training days, and wraparound consultancy services to equip Irish businesses with the tools to thrive and engage in peer-learning in an AI-driven landscape. The programme is live and RDI hub, Portershed and Greentech HQ are delighted to announce that leading companies within the manufacturing and engineering sectors are currently taking part in the programme.
Growing our network in a virtual world
The RDI Hub Digital Community, launched in March 2024, offers global virtual mentorship and resources for tech startups. It connects mentors, entrepreneurs, and innovators with coaching and upskilling opportunities. This virtual community will expand across international markets, deepening relationships and opportunities across the global innovation ecosystem.
The evolving Fexco and RDI Hub Partnership
This impact report marks the fifth anniversary of the Hub's partnership with Fexco, highlighting ongoing investment and support. To date, Fexco has provided the 17,000 sq. ft. facility, mentorship programs, and financial backing for STEM education initiatives. The latest of which is the STEM Passport for Inclusion, run in association with the RDI Hub, Maynooth University, Microsoft and Munster Technological University, which provided 500 female post-primary students with access to STEM education in Munster in 2024.
Marking the 5th Anniversary
The RDI Hub's fifth anniversary was celebrated at an event at their offices in Killorglin, Co Kerry with stakeholders from the innovation ecosystem in attendance, including RDI Hub partners Fexco, Munster Technological University, and Kerry County Council. Minister Norma Foley will deliver the keynote address, highlighting the importance of AI in shaping Ireland's future. The event will also feature panel discussions with industry leaders, including Kevin Marshall (Microsoft), Bronagh Riordan (EY), Joseph Walsh (Munster Technological University), John Kelleher (ADAPT Research Centre), and Andreea Wade (Delta Partners), as well as examples of AI use cases from Irish businesses such as TLI, Energywise, O'Ca...