It was announced yesterday that a new initiative that seeks to develop Sports Technology research and business growth in Ireland has been set up in Limerick, spearheaded by three female tech entrepreneurs.
SportsTech Ireland aims to be a bridge between commercial bodies, start-ups, entrepreneurs, research facilities and VCs. It has partnered with a number of international organisations to help position Ireland as a global destination for SportsTech companies.
The not-for-profit initiative is committed to doubling the number of SportsTech companies operating in Ireland by 2020, through mentoring and commercialisation programs, the promotion of research and the positioning of a landing zone with a dedicated performance lab for SportsTech companies looking to locate in Ireland.
SportsTech Ireland launched at King John’s Castle in Limerick on Thursday evening with keynote addresses from leading sports and business investors and supporters from Ireland and the US.
Commenting on the initiative, one of SportsTech Ireland’s founders, Martina Skelly said, "Sports technology is a fast moving vertical with massive evolutions in everything from wearables, to player analytics, to sports performance measurement. Our research indicates that the market will be worth over $113B by 2021. Ireland is perfectly positioned to be a gateway for SportsTech companies in the US, and to drive growth, both indigenous and from abroad, through the creation of a strong support network on the ground.”