Industry & Business

BioExel Accelerator Programme launches at NUI Galway

 Breaking News
  • Irish Supermarkets Benefit From the Christmas Spirit The latest grocery market share figures from Kantar Worldpanel in Ireland, for the 12 weeks ending 31 December 2017, reveal that shoppers spent an extra €90 million on groceries over the festive period. David Berry, director at Kantar Worldpanel, comments: “Over the Christmas period the average household spent a record €1,532 on groceries – an increase of [...]...
  • Business Unprepared For GDPR ISME, the Irish SME Association has published the results of its General Data Protection Regulations survey (GDPR). The report gives a breakdown of GDPR compliance among SMEs and the actions taken to date on GDPR compliance. The survey focused on knowledge, compliance and actions to be taken in light of GDPR. The General Data Protection Regulation [...]...
  • Dell Turns E-waste into New Treasures With Industry-first Gold Recycling Programme Dell is announcing an industry-first pilot to use recycled gold from used electronics in new computer motherboards, which will ship in the award-winning Latitude 5285 2-in-1s starting this spring. The pilot follows a successful feasibility study on server motherboards. The closed-loop gold process could support the creation of millions of new motherboards in the next year. It [...]...
  • PM Group Acquires UK Specialist Engineering Firm PM Group has announced the acquisition of PROjEN, a 100-person multi-disciplinary engineering firm based in the UK, with offices near Manchester and in Edinburgh. The company has joined PM Group as PM PROjEN. PM PROjEN provides multidisciplinary engineering and project management services in the chemical, petrochemical, advanced manufacturing technology and energy sectors. “The acquisition of PM [...]...
  • Cork Airport Welcomes Air France One of the biggest airlines in the world, Air France is to begin services out of Cork Airport from May, with a new Cork toParis-Charles de Gaulle route. The daily flight during this year’s summer season will not only link Cork to France, but also connect passengers from the south of Ireland to Air France’s extensive network of over [...]...

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

editor

editor

Related Articles






New Subscriber





Subscribe Here



Advertisements
































National Manufacturing Conference & Exhibition 2016

NIBRT Springboard Success Stories



Upcoming Events

  • No upcoming events
AEC v1.0.4