Industry & Business

BioExel Accelerator Programme launches at NUI Galway

 Breaking News
  • Fine Grain Property acquires 60,000 square feet office development in Cork Airport Business Park New Year, new acquisition! Fine Grain Property is delighted to announce it has acquired a 60,000 square feet office development in Cork Airport Business Park. Plans are already afoot to carry out some important improvements to the Building that will benefit its existing tenants, including Aviva, Aon Hewitt, JLT and Genesis. In addition, a significant [...]...
  • Irish Technology Sector Has Overtaken Agriculture With 130,000 people now employed, the technology sector has overtaken agriculture as Ireland’s largest industry, according to Ken Finnegan (pictured above), formerly Chief Technology and Research Advisor for IDA Technology Ireland and now Director of Technology & Innovation for the about to be opened Harbour Innovation Campus at Dún Laoghaire. About 15,000 of these tech [...]...
  • 2018 Research and Innovation Conference & Exhibition Provides Insight into the R&D and Innovation Ecosystem in Ireland Designed to foster collaboration between industry, academia and government agencies, the 2018 Research and Innovation Conference & Exhibition attracted over 1,000 visitors from across the major industrial sectors in Ireland to the Citywest Hotel, Dublin, on Wednesday, March 14th. The visitors who braved the inclement weather were able to meet with the key organisations that are [...]...
  • Dunnes Stores Comes Out on Top of a Growing Grocery Market The latest grocery market share figures from Kantar Worldpanel in Ireland, for the 12 weeks ending 25 February 2018, show continued positive momentum among Irish supermarkets, with growth hitting 3.9%. David Berry, director at Kantar Worldpanel, comments: “Shoppers have spent an additional €96 million on groceries over the latest 12 weeks compared to last year and two [...]...
  • New Irish Peer-to-peer Energy Trading Research Project Using Blockchain Technology Imagine a future where Irish consumers will be able to gift or sell their solar power across their neighbourhood as well as sharing and managing their own electricity in a myriad of new ways. EnerPort, a new project launched at the recent International Energy Research Centre (IERC) Annual Conference, aims to accelerate peer-to-peer energy trading [...]...

BioExel Accelerator Programme launches at NUI Galway

BioExel Accelerator Programme launches at NUI Galway
September 27
09:00 2017

The BioExel Accelerator at NUI Galway, supported by Enterprise Ireland, has been launched to further enhance the medical technology sector start-up ecosystem within Ireland and attract global talent to the Galway region. Other partnership sponsors for this Enterprise Ireland supported Accelerator are the Western Development Commission, the Galway University Foundation and the Bank of Ireland Seed and Early Stage Equity Fund.

The Accelerator programme is open to applications from potential teams or individuals both in Ireland or overseas, working in the medical technology sector. There are up to 14 slots available within the Enterprise Ireland supported Accelerator Programme over two cohorts with the first to commence later this year.

Successful applicants of the BioExel Accelerator will receive membership and a place within NUI Galway for a period of six months, where teams will be able to build and commercially validate their technologies by working with existing entrepreneurial networks and mentors.

The Medtech Accelerator programme is part of Enterprise Ireland’s overall strategy to increase the number and quality of start-ups that have the potential to employ more than 10 people and achieve €1 million in export sales within three years.

Announcing the launch of the BioExel Accelerator programme while on an Enterprise Ireland and IDA Multi Sectoral Trade Mission in Singapore An Tánaiste and Minister for Business, Enterprise and Innovation, Frances Fitzgerald said: “Ireland is recognised as a key hub for medical technology and innovation and the launch of this new accelerator is an opportunity to further build on our strong international reputation for excellence and innovation in healthcare and medtech. The Accelerator programme located at NUI Galway and supported by my Department  DBEI through Enterprise Ireland will further enhance the High Potential Start-up (HPSU) eco-system and develop start-up capability, infrastructure and capital investment within the Galway region. We are delighted to support the initiative, which will go towards sustaining Ireland’s status as a global leader in medical technology innovation.”

Tom Early, Start Department Manager, Enterprise Ireland, said: “Enterprise Ireland is committed to supporting early stage collaborative innovative opportunities between the enterprise sector and health system with the aim of internationalising medtech technologies. New and emerging enterprises will benefit from the Accelerator programme through direct collaboration and co-ordination with technology and healthcare sector stakeholders on opportunities within the marketplace. The BioExel Accelerator aims to improve the efficiency of the commercialisation process of new technologies, products and services, benefitting the health sector and society as a whole”

“The vision here is to create innovative medical technologies which are affordable and transformative for patients with both acute and chronic conditions”, says Professor Lokesh Joshi, Vice-President for Research at NUI Galway. “The BioExel Accelerator will bring us closer to this patient-focused vision, while also stimulating innovation and job creation though high-potential start-ups. NUI Galway is proud to promote and manage this MedTech Accelerator, which will in turn benefit from our strengths in biomedical science and engineering teaching and research, as well as the CÚRAM Centre for Medical Device Research and the entrepreneurial BioInnovate-Ireland Fellowship Programme which are both based here.”

About Author



Related Articles

New Subscriber

Subscribe Here


National Manufacturing Conference & Exhibition 2018

NIBRT Springboard Success Stories

Upcoming Events

  • No upcoming events
AEC v1.0.4