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MUNSTER Technological University will receive €7.5 million in new funding from the €50 million Technological Sector Advancement Fund, which has been set up to support existing functions and help initiate new activities in the country’s five Technological Universities.
The funding from the Technological Sector Advancement Fund can be used for a variety of purposes including student support and success, data and systems, change management and integration.
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Minister Simon Harris said: “The Government has been to the fore in providing a range of funding supports – current and capital – to establish and develop our new technological universities and to support all institutions in the wider technological sector. I am delighted to announce further new funding today to ensure the TUs are embedded in their regions.”
Minister Norma Foley also welcomed the news saying; “The MTU provides first class education and opportunity for students in Kerry, the wider south west region and beyond. It is a university that is going from strength to strength, and I look forward to further development and initiatives to support the limitless ambition we have for the MTU.”
The first year disbursement will see funding of up to €30 million travelling to the institutions for projects commencing in January 2024.
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