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MUNSTER Technological University has announced today the launch of a new cluster to accelerate momentum and support the growing circular bioeconomy in South-West Ireland, funded by Enterprise Ireland.
By 2030, it is expected that 1 million jobs in the bioeconomy will be created across Europe. The MTU believes this is an opportunity to put the South West region at the forefront of innovation, technology and talent development.
With a focus on marine and waste-to-value themes, the Circular Bioeconomy Cluster will foster a network of stakeholder groups including small and medium enterprises, industry, educational institutes, government, and investors to develop a vision, strategy and action plan for the next two years.
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The initiative will also have an industry led steering committee to drive the mandate.
Recently appointed, Circular Bioeconomy Education & Outreach Manager, Catriona Power, is leading the project. A Kerry native, she brings a wealth of experience on cluster development, innovation strategy and programs to enable a low carbon sustainable economy.
Brid Mc Elligott, Vice President Research, Development and External Engagement outlined “Munster Technological University is a leading expert and educator in the circular bioeconomy with several research and development projects undertaken by the Circular Bioeconomy Research Group, which are part of the Shannon ABC Research Centre. This work coupled, with the recent offering of the Postgraduate Diploma in Bioeconomy with Business in partnership with UCD, provides an excellent platform on which to launch this Enterprise Ireland funded cluster.”
“The establishment of this new Clusters is very timely development for the South West which has a strong portfolio of emerging companies taking advantage of the new technologies and business models of the Circular Bioeconomy, in addition to existing companies embracing this diversification opportunity. MTU looks forward to working with the Cluster companies providing research, innovation and upskilling supports. This Cluster has the potential to set the South West region apart as a Circular Bioeconomy leader, delivering high value jobs and economic activity.” outlined Dr. Helena McMahon, Head of Dept. STEM & Circular Bioeconomy Research Group.
“Enterprise Ireland is delighted to be supporting the Circular Bioeconomy Cluster South West. This is a cluster project which builds upon the current strengths of the Technology Gateways of Shannon ABC; IMaR and other RPO’s which MTU has a relationship with. It also links to a key multi-sector need to create added value from waste streams and the Marine Sectors. An excellent addition to the ecosystem in the region.” stated Jerry Moloney, Director, Mid-West/Kerry Region & Regional Initiatives, Enterprise Ireland.
If you’re interested in learning more and taking part in the project, please contact Catriona Power. Register to join the kick-off event on March 10th at 4pm, more information at www.cbcsw.ie
