Galway will benefit from a new Local Enterprise Office (LEO), which is expected to be up and running from April, Fine Gael TD for Galway West, Seán Kyne said this week.
The new LEOs across the country, which will be embedded in the Local Authorities, will act as a one stop shop for the business supports currently delivered by County Enterprise Boards and by Local Authorities.
“The new system of LEOs will completely streamline the supports on offer to local businesses in Galway. The LEO in Galway will develop a plan for boosting local enterprise, setting targets for job creation and new business start-ups. This represents a radical overhaul of how supports are delivered, and will ensure that the system is local, targeted and effective.
“An extra €3.5 million is being allocated to support the new LEO structure this year. There will be 170 dedicated staff across 31 LEOs; these employees will receive specified training to ensure they can deliver services to local businesses in the best possible way”.
Small enterprises employ more than 650,000 people across the country and were responsible for many of the additional 58,000 new jobs created in the past year.
The new LEOs will not only enable Galway County Council and Galway City to strengthen their direct engagement with local businesses but will also enable business-owners and entrepreneurs to focus on growing their business.
Speaking in the Dáil, Deputy Kyne noted: “Time spent on navigating regulatory frameworks, sourcing information and trustworthy advice, and pre paring documents for securing finance have been cited by many of local businesspeople as being of concern.
“The more time businesspeople and entrepreneurs spend on albeit important administrative issues, the less time they have to develop and grow their businesses. That in turn has a direct impact on employment. The creation of one point of contact as envisaged in the Bill will without doubt provide entrepreneurs and owners of existing local businesses with more time to focus on their own business.”
Deputy Kyne added that with the diversity of Galway in terms of urban, rural, suburban, island and Gaeltacht areas, it would be crucial that Galway’s Local Enterprise Office be well positioned to meet the various needs of each area.
“There is major scope here for the local enterprise offices, LEOs, in conjunction with Údarás na Gaeltachta, to work together and provide the best possible supports to our local businesses and entrepreneurs to facilitate job creation,” concluded Deputy Kyne.
Galway medtech firm awarded €3.6m to develop revolutionary stroke treatment
A Galway medical device company is working with a consortium to help develop disruptive technology in the treatment of stroke – after it was awarded awarded €3.6m in funding.
Ceroflo is partnered on the project with manufacturing firm Advant Medical and the Medical and Engineering Technologies (MET) Centre at Atlantic Technological University (ATU).
Cereflo secured the funding on foot of its development of a revolutionary new type of stent technology that promises to be vastly more effective than existing treatments to treat Intracranial Atherosclerotic Disease (ICAD), a leading cause of stroke.
Up to 50% of strokes are caused by a build-up of plaque in an artery in the brain known as Intra-Cranial Atherosclerotic Disease (ICAD).
Pharmaceutical therapies aimed at reducing the stroke rate are currently deemed the most effective form of treatment for the condition but more than 20% of patients with significant ICAD still suffer recurring stroke within twelve months.
Technological solutions have so far proved sub-optimal, leaving this large population of patients with the ongoing risk of devastating strokes.
The Ceroflo SubMax Stent represents a game-changer in the treatment of ICAD as its shape and structure has been developed to suit the unique challenges of this disease.
For more, read this week’s Connacht Tribune.
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Galway Science and Technology Festival’s breaks new record
More than 22,000 people attended last Sunday’s Galway Science and Technology Festival exhibition in the University of Galway – breaking all previous records.
Celebrating 25 years of STEM Education, the exhibition was the opening event for the two week annual Galway Science and Technology Festival, which is the largest event of its kind in Europe. It showcases Galway as the MedTech capital of Europe and a growing IT Hub, bringing science and technology to over 35,000 students in schools across Galway city and county. This year there will be over 200 STEM demonstrations, shows and workshops in 140 primary schools and 40 post-primary schools.
The exhibition was a hive of activity with 25 shows and hands-on workshops and over 80 demonstrations and interactive exhibitions created by sponsor companies and agencies, universities and schools. Families enjoyed 3D astronomy shows and learned how to extract DNA from a banana , saw parasites in VR, drove Valeos self-driving car using a mobile phone, visited the Teddy Bear hospital and the ever popular Doctor Bug introduced tarantulas, snakes and lizards to very excited children and much, much more. Medtronic’s Junior Hospital team engaged with families at their fantastic interactive series of stands in the Human Biology Building. Sue McGrath entertained with the Devastatingly Dramatic Climate Show and new to the Festival is Braintastic with their Non-Sense show exploring our senses.
The 2022 Galway Science & Technology Person of the Year Award was presented to Dr Enda O’Connell, Senior Technical Officer at University of Galway and Founding Director of ReelLIFE Science, a science video competition for schools and youth organisations in Ireland and N. Ireland, celebrating its tenth year, the competition encourages young people to engage with STEM, while developing their creativity and communication skills.
To mark the 25th year of the Festival, a special presentation was made to the Treacy Family in commemoration of the late Noel Treacy, Founding Patron of the Galway Science & Technology Festival. Mr Treacy continued to be a strong advocate for the Festival over the 25 years and his presence was greatly missed this year.
Anne Murray, Festival Manager said: “We were delighted to be back on campus at the University of Galway to celebrate and learn about the world around us. The attendance on the day reflected the value that families and the public place on this unique event and we were so glad to be able to honour the memory of the late Noel Treacy who always said it started with an idea”.
Development Commission appoints Interim CEO
The Western Development Commission has announced the appointment of Allan Mulrooney as its Interim Chief Executive. This follows the departure of Tomás Ó Síocháin from the organisation after four years at the helm.
The agency said following the Board’s decision to appoint Allan as acting Interim CEO, that it will continue to work in all key areas of activity.
Sligo native Allan Mulrooney currently holds the role of Head of Communications and Atlantic Economic Corridor Development as a member of the management team having joined in 2019. Allan has led on new initiatives including ConnectedHubs.ie, WesternJobs.ie, a full rebrand for the organisation and it’s More To Life digital campaign. Before his role in the WDC Allan worked with IDA Ireland and before this he worked with eir in Dublin.
He will commence his role in December when Tomás Ó Síocháin takes up his new position as CEO of Údarás na Gaeltachta. A competitive process to appoint a permanent CEO is expected to get underway in early 2023.
Following the announcement, Allan Mulrooney described it as an honour to accept the position on an interim basis.
“Our mission will not change, and I look forward to working with my colleagues across the wider WDC team and the Department of Rural and Community Development. It is vital that we continue to stimulate businesses, support innovation, build new partnerships and foster a vibrant ecosystem across the region at this critical time,” he said.
Tomás Ó Síocháin, who made the announcement, referenced the drive and experience that Allan will bring to the role.
“Allan brings a wealth of experience to this role, particularly in the ongoing and planned work of the WDC and already has an excellent working relationships with key regional and national stakeholders in the regional development sector,” he said.