A new proposed scheme by the Society of the Irish Motor Industry would help create 116 jobs in Galway – if the government agree to the idea which was part of SIMI’s pre-budget submission announced last week.
The “Swappage” proposal would see a €2,000 reduction in VRT on the purchase of a new car where the trade-in is six years or older. The SIMI estimate that this will see an increase of 17,000 new cars sold across the country, creating 2,200 jobs, producing €129million for the Irish exchequer and also cutting CO2 emissions by 11,500 tonnes per year.
Tony Barbour, SIMI Centre Chairman for Galway, said; “Like every village, town and city across Ireland the Galway Motor Industry has been hit just as badly as everywhere else. The prospect of having 116 new jobs in the industry in Galway alone next year would be a huge boost.
“It would be light at the end of the tunnel for us all after 6 terrible years. It will also save 1,343 tonnes of CO2 emissions in the county. Swappage is a no brainer for the government and like the Scrappage scheme, has the potential to re-invigorate an industry that’s on its knees,” he said.
SIMI Director General Alan Nolan added: “Similar to Scrappage but much more beneficial to the Exchequer, Swappage has the potential to deliver an even greater benefit but at no greater risk to tax revenues, the Industry or the State.
“If Swappage is introduced next year, it could help new car sales reach 90,000. On top of that, there would be an increase in used car sales and servicing due to the cycle of business generated by the resale of trade-ins and local jobs & businesses in 400 towns across the country would be protected.”
The Irish motor industry has suffered a huge slump over the past six years; in 2007 186,000 new cars were sold, this year it is projected that will fall to 73,000.
Over the same period, 12,800 jobs have been lost in the motor industry and 150 garages have closed.
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.