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Government to offer €95m in funding for disruptive projects

Government to provide €95m in funding for disruptive projects

AVECTAS Leads €7 23 million Consortium Awarded Part Funding From Disruptive Technologies Innovation Fund

Share this article Share this article DUBLIN, April 22, 2021 /PRNewswire/ Irish cell engineering company, Avectas, is leading a consortium which will invest €7.23 million, including €4.4 million awarded under the Irish Government s Disruptive Technology Innovation Fund (DTIF), to develop a high-throughput scale of its proprietary cell engineering platform Solupore®. With consortium partners Bluebridge Technologies and NIBRT, the project expands Avectas development towards commercialising an advanced large-scale, digitalised cell engineering platform optimised to manufacture off-the-shelf cell-based therapies for cancer treatment.  The Disruptive Technologies Innovation Fund (DTIF) is a €500 million fund established under Project Ireland 2040 and run by the Department of Enterprise Trade and Employment with support from Enterprise Ireland.

Government announce €95m for ground-breaking projects under Disruptive Technologies Fund

Government announce €95m for ground-breaking projects under Disruptive Technologies Fund
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Irish medtechs continue to innovate in a radically changed environment

Irish medtechs continue to innovate in a radically changed environment Independent.ie 20/12/2020 Alan Hobbs The past year delivered a perfect storm for Irish start-ups with the dual challenge of dealing with the impact of Covid-19 on their businesses and the impending Brexit deadline. We ve seen first-hand how companies responded by being agile, competitive and innovative in finding new ways to sustain their business and keep teams together in a radically changed environment. Covid-19 has created obvious challenges but interestingly some opportunities, both economically and socially. Despite the pandemic, and the immense toll it has taken, the Irish start-up community has continued to innovate, to create jobs and to adapt.

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