University of Limerick developing largest research and development centre in Ireland supporting major university cities such as Cork
Plans are set for the University of Limerick to develop the largest research and development centre in Ireland. The project is expected to create 100 highly-skilled jobs nationwide by 2020 with 55 of these positions to be created in Limerick.
The complex chosen for the research centre had previously been empty for some time before a travel lodge and some other warehouses had occupied it. The University plans to occupy units one and two for the centre.
The development will transform the space from retail warehousing to facilitate educational research for light manufacturing, industrial development and office spaces. New mezzanine floors will also be built in each unit, a new entrance lobby, elevational changes and associated site works.
The Science Foundation Ireland and Industry have confirmed the funding of the €47 million research and development facility, making it the largest in the country. The centre will also be supported by 42 industry partners and technology providers ranging from small and medium enterprises to multinational corporations.
It is expected that the new centre will act as a UL-led consortium for more than 200 researchers from Tyndall National Institute, University College Cork, Cork Institute of Technology, National University of Ireland Galway, Athlone Institute of Technology, Maynooth University and Limerick Institute of Technology.
The 55 selected employees for the research centre will consist of highly-skilled project and centre managers, administrators, senior research fellows and post-doctoral researchers. Up to 87 PhD students will also be employed for roles to be based at UL and nationwide, assisting the research centre.
Ireland is dedicated to ensuring that technology and development are at the forefront, as this is the key to future prosperity. The government further encourages this by offering R&D tax incentives. For more information on this, contact Swanson Reed Consultants.