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Enterprise Centres in Waterford set to receive €264,702 in Grant Aid

Arc Labs Research & Innovation Centre, Dungarvan Enterprise Centre and Waterford City Enterprise Centre amongst 95 centres nationally to receive funding.

The news that three enterprise centres in Waterford have been successful in their applications to the Enterprise Ireland - Enterprise Centres Fund has been warmly welcomed by Senator John Cummins.

“Enterprise Centres are an invaluable asset to communities nationwide. In Waterford we are very fortunate to have many fantastic facilities where entrepreneurs can work remotely, access training and advice, and network with other business leaders. I have no doubt that this funding will be crucial as the centres continue to offer services to local businesses during what is an exceptionally difficult time”.

“I would like to commend the teams at ArcLabs, Dungarvan and Waterford city Enterprise Centres who are doing trojan work to ensure that their centres continue to offer cost competitive spaces where businesses can grow and expand.”

Full details of the funding

Speaking at the announcement Tánaiste Leo Varadkar said: “I am really pleased to make this funding available through by Department. It will help enterprise centres all over the country to modernise their facilities protecting the health and safety of people who work there and helping to secure much needed jobs.”

Julie Sinnamon, CEO, Enterprise Ireland added: “Over the past 20 years, Enterprise Centres have provided important infrastructure for entrepreneurs and are an essential part of the start-up ecosystem across Ireland. The Centres, many of which are regionally based, provide space, connectivity, mentoring and support to start-up founders and teams, helping them to scale internationally.

“The funding announced today through Enterprise Ireland will ensure that the Enterprise Centres, many of whom have been negatively impacted by Covid-19, can sustain their businesses, pivot and further develop their services to support the next wave of Irish start-up companies.”

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