Friday, July 16, 2010

Killeen Urges Clare Food Companies To Apply For Innovation Funds

Minister Tony Killeen has reminded small Clare companies in the food industry that the closing date for receipt of applications under a new all-island innovation funding scheme is August 20th next.

The Department of Agriculture, Fisheries and Food is providing the Innovation Vouchers worth €5,000 each to all small companies in the sector over the next 5 weeks.

Minister Killeen said the Innovation Vouchers will help small companies can change their business for the better, be it through new product development or the improvement of existing processes.

Enterprise Ireland manage the Innovation Voucher initiative which offers small companies €5,000 to obtain an innovative solution to a technical or business challenge from a Higher Education Institute in Ireland or Northern Ireland, known as ‘knowledge providers’.

Minister Killeen noted that the agri-food sector remains very important to the local economy in County Clare.

The Clare T.D. added: “Participating companies get excellent value for money from the research teams working in the forty institutes providing their expertise and knowledge, both in Ireland and in Northern Ireland. I encourage small companies in the Iocal food industry to see how a little knowledge can make a huge difference to your bottom line and to make an application for a €5,000 Innovation Voucher before the August 20th deadline.”

Companies in the following sectors can apply;
• Beverages, bakery and food technology including animal feed producers,
• Consumer food companies including those involved in horticulture, organic produce, poultry, prepared consumer foods and seafood,
• Dairy and functional foods and the primary meat sectors including those involved in the processing of beef, lamb and pigmeat, the by-products of all meat processing and those involved in the bloodstock industry.

For more see www.innovationvouchers.ie or contact Pat O’Brien, Enterprise Ireland on 01-7272766.