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Galway companies scoop €150,000 in awards cash

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Galway City companies Westway Health and Element Software were named as Best Early Stage company and New Start company respectively at InterTradeIreland’s 11th annual all-island Seedcorn Investor Readiness Competition.

The winners were announced at the grand final of the competition at Clontarf Castle in Dublin last Thursday. Westway Health as Best Early Stage company takes away a cash prize of €100,000 and Element Software wins €50,000 as the Best New Start company. 

Seedcorn is the island’s largest business competition for new start and early stage companies in any sector, from any part of the island.  The competition, aimed at companies who have a new equity funding requirement, has an overall total cash prize fund of €280,000.

To date, InterTradeIreland has supported over 1,950 enterprising companies through the Seedcorn process with previous finalists going on to secure more than €174 million worth of equity.

Speaking at the final, Thomas Hunter McGowan, CEO, InterTradeIreland said: “Both Westway Health and Element Software have overcome extremely tough competition throughout the Seedcorn process and their success highlights that they are the bright stars for the future.  The team at InterTradeIreland and I sincerely congratulate them both and we look forward to working with them and watching them grow.”

Westway Health, based at the Business Innovation Centre, NUI, Galway, has developed a technology designed to tackle major problems in human and animal medicine and to fight antibiotic-resistant bacteria, like MRSA.  It has specifically focused on the treatment and prevention of bovine mastitis, (infection of the udder), which is a major health and economic issue costing the dairy industry in the EU and US over €3 billion a year

 Conventional antibiotics are currently used to treat mastitis. However this solution has poor treatment outcomes, leading to culling of cows and lost milk revenues, as milk from cows treated with antibiotics must be withdrawn from sale for a period of time during and after treatment.

Westway Health’s product, PanaMast, is the first non-antibiotic solution meaning farmers can continue to sell milk during and following treatment.  As up to 80% of dairy cows exhibit some signs of infections at some stage each year, this will have a major impact on the bottom line of farmers and milk producers.

For more, read this week’s Connacht Tribune.

 

Connacht Tribune

Galway’s housing stock on the rise

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A total of 1,147 residential buildings were under construction in Galway as of June – according to the latest GeoView Residential Buildings Report.

Over half of the residential buildings under construction in Ireland in June 2021 were located in the Leinster region (58.4%), revealed the report which is published by GeoDirectory and EY Economic Advisory.

The Greater Dublin Area of Dublin, Meath, Kildare and Wicklow accounted for 35.6% of the total number of buildings under construction in the country. In contrast, the lowest levels of construction activity were recorded in Ulster (6.5%) and Connacht (10.6%).

In all, 1,182 new residential addresses in Galway were added to GeoDirectory’s nationwide database in the twelve months to June 2021.

At 30.8%, the highest proportion of the new residential address points were again located in Dublin, followed by Cork (10.8%), Kildare (9.7%) and Meath (5.7%).

In percentage terms, Leitrim (219.6%), Carlow (146.5%) and Roscommon (144%) registered the highest year-on-year growth in new address points, albeit from a previously low base.

The report also found that 9.5% of all residential stock in the state are apartments. In total, there were 194,898 apartment address points across the country in June 2021.

For more, read this week’s Connacht Tribune.

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Galway towns included in home support pilot

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Confirmation...Minister Anne Rabbitte.

Tuam, Athenry and Loughrea will form one of a select number of areas for a nationwide pilot scheme to see how to improve home support services for families in need of carers.

Minister for Disabilities and Galway East Deputy Anne Rabbitte confirmed that the Galway towns were among nine across the country to form part of a national Home Support Pilot Programme, which will commence next month.

The pilot scheme will deliver an additional 230,000 hours of Home Support services over a six-month period, with the evaluation of the outputs to continue over a twelve-month period from its commencement.

Minister Rabbitte described this as a major boost for Tuam, Athenry and Loughrea.

“This will deliver in-home supports across the three towns, which are in the heart of East Galway and I know from working with families across the constituency that this will be a major boost,” she said.

For more, read this week’s Connacht Tribune.

Connacht Tribune Digital Edition App

Download the Connacht Tribune Digital Edition App to access to Galway’s best-selling newspaper.

Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

Or purchase the Digital Edition for PC, Mac or Laptop from Pagesuite  HERE.

Get the Connacht Tribune Live app
The Connacht Tribune Live app is the home of everything that is happening in Galway City and county. It’s completely FREE and features all the latest news, sport and information on what’s on in your area. Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

 

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Connacht Tribune

Galway passengers are all smiles at Shannon!

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Shannon Airport
Shannon Airport

The smiles on the faces at Shannon Airport very much told its own story this week – with passengers taking to skies as the easing of restrictions and the first day of the European Digital COVID Certificates took effect.

And it wasn’t just the joy of travel starting to resume that lifted spirits at the airport but also the announcement by Ryanair of a new once-weekly service to Gran Canaria (Las Palmas) to commence on August 7 – the third new service announcement for Shannon Airport over recent weeks.

There was a real sense of excitement as passengers of all ages became very much at ease with the heightened public safety measures in a ‘back-to-the-future’ day for the West of Ireland gateway airport.

There were reunions as inbound flights arrived but also a palpable degree of anticipation as others got set to depart on the earliest flight out of the airport today, the 7:10am flight to Gatwick.

Among those boarding was Clarenbridge native Claire Tomlin and her husband Jake, together with their three children, including their twins who turn a year old next week.

“It’s been amazing to get back. The kids saw their grandparents for the first time and their cousins and aunties and uncles, so it was fantastic,” said Claire.

“Shannon is just so convenient for us because it’s only about 40 minutes’ drive. So, it just makes everything a lot easier in terms of getting to and from places with little ones. So, yeah, Shannon is a great resource for us. Really, really good. We hope to be able to go back more and more.”

It was smiles all around for Shannon Airport staff as they got back to doing what they do best. “Well, today is a great day because you can see the atmosphere around the place, people are at ease here and they’re glad to be back, they’re glad to get up in the sky again,” said Shannon Duty Free Sales Associate Helen Quinlivan.

“It’s great to see the excitement. People are really looking forward to going back and seeing their loved ones and they’re very at ease.”

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