Date Published: 20-Sep-2011
A Galway medical devices company has just secured 1.6 million euro in venture capital funding.
The Minister for Jobs, Enterprise and Innovation Richard Bruton announced the investment for Neosurgical Ltd at a trade mission in North Carolina today.
Venture Capital firm Kernel Capital has led the investment, which includes half a million euro from Bank of Ireland, with the remainder of the funds provided by Enterprise Ireland and a number of private investors.
Neosurgical Ltd is based in the Innovation Centre at GMIT and currently employs 5 medical devices specialists.
The firm develops devices for abdominal surgery such as hernia operations.
Speaking from the US, CEO of Neosurgical Barry Russell says the talent pool in Galway had a lot to do with setting up business here
Appeal for information following Portumna crash
Date Published: 08-May-2013
Gardai are appealing for witnesses following a single vehicle crash at the Portumna bridge this morning.
The road from Nenagh to Loughrea reopened shortly after 11 this morning following the completion of a technical exam.
Four men were travelling in a van when they hit the Portumna bridge around 6:30 this morning.
Gardaí, ambulance and two units of Portumna fire services rushed to the scene, and one of the men was taken to Portiuncula hospital in Ballinasloe.
He is being treated for head injuries, which have been described by Gardaí as serious.
Anyone with information is asked to contact Portumna Garda station on 09-097-42060
President Higgins among GMIT’s first ever honorary fellowships
Date Published: 10-May-2013
GMIT is to honour seven outstanding individuals including President Michael D Higgins with Honorary Fellowships at a special ceremony later this month.
It’s the first time in the 40 year history of the Institute the Governing Body of GMIT has decided to award honorary fellowships.
The GMIT Honorary Fellowships will be conferred at the g Hotel in the city this day two weeks Friday 24 May at 2.30pm in front of 200 invited guests.
Galway commuters hold their breath as LRC intervenes in bus strike
Date Published: 13-May-2013
Galway commuters are holding their breath as there has been a potential breakthrough in the Bus Eireann dispute, as both sides have agreed to talks at the Labour Relations Commission.
The LRC intervened this afternoon, on day two of strike action that has seen 95 per cent of bus services disrupted across the country.
The LRC’s Director of Conciliation Services, Kevin Foley, says the National Bus and Rail Union and the company have agreed to meet for mediated talks at 8 this evening.