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Cork's Tyndall channelled E48m research

Tuesday, August 05 10:31:17

The Tyndall National Institute, Cork, today launched their 2013 Annual Report showing that it channelled E48m for world class research.

The national research institute said it has made substantial progress in delivering on their ambitious 5-year strategic business plan launched last year with over 200 Industry partnerships worldwide; 130 high quality postgraduates from 20 nationalities; E38m in funding from 90 EU FP7 Projects and E10m for SMEs; over 85pc of income from competitively-won contracts and it acted as a coordinator of 26 EU FP7 Projects.

Tyndall is playing a key role in driving Ireland's reputation as a force in scientific research. Significant achievements have been made in industry engagement, secured funding, international reach, job creation and in producing skilled graduates, the report said.

With an emphasis on economic impact through excellence in research, Tyndall has proven to be a highly effective catalyst for new high-tech business in 2013. Testimony to this is the 200-plus industry partnerships which Tyndall are engaged in as well as enhancing its reputation as an SME accelerator.

In addition, Tyndall's growing status and international reach is responsible for attracting crucial foreign direct investment through multinational companies like United Technologies, Qualcomm and Hittite Microwave Corporation.

The report also indicates a great success in developing the scientists of the future. Over 130 high quality postgraduates are currently being mentored through their Masters and PhD programmes, with 2013 seeing 31 PhD students graduate from Tyndall, many of whom will go on to work in indigenous industry.

Tyndall is also delighted to announce the appointment of Professor Eoin O'Reilly to the new position of Chief Scientist. Prof O'Reilly's standing within the scientific community makes him the ideal leader to deliver in this role. The Rank Award winner's work within the field of Photonics the generation, manipulation and utilisation of light - is of the highest calibre. Commenting on the Annual Report Tyndall's CEO Kieran Drain said, "2013 has been a breakthrough year for Tyndall. At the close of the first year of our 5-year strategic business plan we can see real progress. As well as making a number of structural and organizational improvements we have seen significant advances in all of our core research areas and applications sectors of health, ICT, energy and environment."

For more visit: www.businessworld.ie