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Tyndall National Institute and PCH International sign MOU
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| Pictured L-R: Dr Kieran Drain, CEO, Tyndall National Institute; Richard Bruton TD, Minister for Jobs, Enterprise and Innovation; Liam Casey, CEO, PCH International; and Seán Sherlock TD, Minister for Research and Innovation. |
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Tyndall National Institute recently announced the signing of a Memorandum of Understanding (MOU) with PCH International to support the generation and scaling of new high tech start-up companies in Ireland targeting the global market.
The announcement was made at the launch of Tyndall's 5-year Strategic Plan which aims to contribute to the generation of over 500 new jobs in high-tech start-up companies, new multinationals investing in Ireland, and established Irish companies.
PCH International offers transparent, sustainable product development and supply chain management services to a diverse range of clients from fortune 500s to innovative start-ups. The MOU provides for close collaboration between PCH's two programmes for startups, Highway1 and PCH Accelerator and Tyndall's international network of over 200 industry clients to identify market opportunities.
Speaking at the launch, Tyndall CEO, Dr. Kieran Drain said: “Powerful synergies exist between Tyndall's skill in breakthrough ICT research and product development and PCH's world class design for manufacturing and delivery. Together we aim to provide end-to-end support for high-tech start-ups from concept to shelf, benefiting from PCH's insights as a market leader to extend commercial reach from Ireland to China and beyond."
Commenting on the partnership, PCH International CEO, Liam Casey said: "We are delighted to partner with Tyndall. The research work we have seen from them is world-class, particularly in the health and wellness market, and we are both focused on promoting successful high potential hardware startups. Tyndall's expertise in ICT hardware research, combined with PCH expertise in getting products to market, means that we are creating huge opportunities for entrepreneurs in Ireland to achieve success on a global scale."
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