Minister for Enterprise, Tourism and Employment Peter Burke TD has announced details of an €18 million investment in 40 projects across Ireland under the Smart Regions Enterprise Innovation Scheme, designed to strengthen regional enterprise, drive innovation and support sustainable economic growth.
Co-funded by the Government of Ireland and the European Union, through the European Regional Development Fund (ERDF) Southern, Eastern & Midland and Northern & Western Regional Programmes 2021-2027, the Smart Regions scheme supports the different regions of the country in harnessing cutting-edge technologies and world-class expertise. Aligned with the regional priorities set out in the National Smart Specialisation Strategy for Innovation and the nine Regional Enterprise Plans, Smart Regions drives high-impact projects in priority sectors such as artificial intelligence (AI), agritech and food, sustainability, insurance technology, and advanced manufacturing.
Funding Overview
This announcement sets out the approved funding allocation so far under the Smart Regions Scheme, with projects approved across the country, including:
Northern and Western Regional Programme area: €3.485,882for 17 projects
Southern, Eastern and Midland Regional Programme area: €14,571,766 for 23 projects
The Northern and Western Regional Programme area includes counties Galway, Roscommon, Leitrim, Sligo, Donegal, Monaghan, Mayo and Cavan.
The Southern, Eastern and Midland Regional Programme area includes counties Carlow, Waterford, Wexford, Kilkenny, Cork, Kerry, Clare, Limerick, Tipperary, Longford, Westmeath, Offaly, Laois, Louth, Meath, Kildare, Wicklow, and Dublin.
Minister Burke made this announcement following a visit to the site of Catalyst HQ, a new €8.1m Enterprise Centre in Carlow town, which has been approved for regional infrastructure funding from the Smart Regions scheme through Enterprise Ireland, to support businesses and enterprises in Carlow and the South-East.
Minister Peter Burke TD said:
"I am very pleased to announce this group of 40 innovative projects that have been funded under the Smart Regions Enterprise Innovation Scheme, which is co-funded under the European Regional Development Fund. These projects, spread across the entire country, will make vital contributions to strengthening innovation in all sectors, regional ecosystems and the Irish economy."
"These 40 projects will provide enterprise infrastructure, cluster development and business animation services that will benefit entrepreneurs and enterprise growth in a variety of sectors. The scheme will see physical facilities and training opportunities made available to businesses throughout the country through an existing network of enterprise centres and hubs that have been supported by Enterprise Ireland."
Minister of State for Employment, Small Business and Retail, Alan Dillon said:
"The Smart Regions Enterprise Innovation Scheme is co-funded by the Government of Ireland and the European Union under the European Regional Development Fund. The projects announced today are reflective of the collaborative approach at the heart of this scheme. Smart Regions aims to address specific issues in each region, building on regional strengths in line with the National Smart Specialisation Strategy for Innovation."
"The 40 projects that have been launched will see growing collaboration among regional stakeholders under the triple helix model of industry, academia and the public sector."
Minister of State for Trade Promotion, Artificial Intelligence and Digital Transformation Niamh Smyth said:
"This Government is committed to growing our economy and fostering regional enterprise growth; the Smart Regions Enterprise Innovation Scheme reflects this and the approved projects are also well aligned to the priorities set out in the Regional Enterprise Plans, which provide a clear set of objectives and actions to support enterprise development in each region.
"The Catalyst project announced for C...