Bank of Ireland has been announced as a sponsor of TechInnovate, a new technology entrepreneurship fellowship at NUI Galway. TechInnovate is a unique specialised technology innovation programme at the University, where teams identify real needs in a certain domain and invent/implement solutions. The programme is a 10 month full-time stipend-supported fellowship.
The full-time programme combines teams of high-calibre Fellows from either an engineering, business or design graduate background that aims to align unmet domain needs with a market opportunity. Team members are chosen to contribute their skills, knowledge and expertise as part of a multidisciplinary Fellowship team.
Now recruiting, TechInnovate’s focus is on enabling technology innovators and innovations, by producing more technology entrepreneurs in local startups, as well as more intrapreneurs in established technology companies in the West of Ireland. High-calibre Fellows are recruited to form 2-3 person interdisciplinary teams and participate in an intensive 10-month programme that goes from concept to product.
The programme has been inspired by BioInnovate, a successful medical device technology fellowship that is modelled on the prestigious and internationally-recognised Stanford BioDesign programme.
In parallel to the fellowship programme, the second aspect of TechInnovate involves a series of ten day-long industry training workshops that are offered to industry partners, and that mirrors the TechInnovation process undergone by the full-time Fellows. The aim of this stream is to instil intrapreneurial thinking among staff from participating corporates.
Tracy Keogh, Galway Community Manager at Bank of Ireland, said: “Support for the technology community is one of Bank of Ireland’s pillar activities, and we’ve implemented a number of successful initiatives around this in Galway. We’re delighted to invest further in the creation and growth of tech startups in this thriving community.”
Dr John Breslin, director of TechInnovate, and senior lecturer at NUI Galway, said: “In the West of Ireland, we need more people thinking entrepreneurially and intrapreneurially, and TechInnovate will provide an injection of these people into the tech ecosystem in the region.”
TechInnovate is a joint initiative from the College of Engineering and Informatics and the College of Business, Public Policy and Law at NUI Galway, and is supported by Bank of Ireland, Blackstone LaunchPad at NUI Galway, the Galway University Foundation, NUI Galway, and the Western Development Commission.
Interested fellowship candidates can apply for the TechInnovate fellowship at www.techinnovate.org before 8th April 2016. Candidates in the areas of engineering, information technology, design, law, and business must have completed an undergraduate degree in their area and should hold a postgraduate qualification or have equivalent professional experience.