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Economic Development Delegations from across the EU arrive in Cork

innovafosterupdate


Economic development teams from the UK, Spain, Malta, Poland, Slovenia, and Estonia are travelling to Cork this week to learn  how innovation is being spearheaded in the city region. The six delegations are coming as part of the Innova Foster EU project which is focussed on the improvement of innovation and entrepreneurship ecosystems in cities across Europe.

Delegates will learn about schemes such as Enterprise Ireland’s Innovation Voucher Scheme which allows small companies to overcome innovation challenges or explore business opportunities with the support of cutting edge academic support from third level institutions. (See case study below). Cork City Council is one of seven city regions from seven countries who are taking part in Innova Foster.

The delegates will visit the Tyndall National Institute and take part in workshops highlighting how the Southern Regional Assembly and Local Enterprise Office (LEO) help to foster small to medium enterprise (SME) and entrepreneurship. They will also visit CIT to examine how it promotes innovation on campus and at CIT Blackrock Observatory. They will also take a tour of Cork’s digital co-working hub, Republic of Work. 

Head of Economic Development at Cork City Council, Seamus Coghlan said: “Cork city has a strong innovation ecosystem supported by third and fourth level education through UCC and CIT, City and County Councils, LEO, Enterprise Ireland and the Cork Chamber who are all partners in the Cork Innovates Initiative to support early start up companies”.

“Cork City Council has a strong role in economic development supporting many of the innovation programmes throughout the city. And from early next year we will further underline our commitment to entrepreneurship when we open our own new co-working space at City Hall”.

 

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