Young Irish companies continue to compete successfully in the EU Horizon 2020 programme with further wins amounting to €6.6 million for Enterprise Ireland companies for innovation projects. The companies are part of the High Potential Start-Up (HPSU) Accelerate programme.
Artomatix secured €1.47 million for new digital art technology which allows the movie and video game industries produce content at a faster pace and lower cost. The company first won a “Roots in Research” Enterprise Ireland Student Entrepreneurship Award in 2014.
Neal O’Gorman, CEO/Co-founder of Artomatix, commented: "We're absolutely delighted. The company and team have grown a lot in the last two years and these funds are going to allow us to continue to expand, execute on our roadmap and focus on customers. I would like to thank our team for the endless hours of dedication they have put into Artomatix to date and for the EU in recognising the significant disruption that we're bringing to the creative industries through the application of artificial intelligence (AI) to art creation".
Disease research will benefit from an innovative laboratory microscope created by SiriusXT, which won just over €3 million in Horizon 2020 funding. The soft x-ray microscope developed by the company allows the internal structure of whole biological cells to be imaged in three dimensions.
Tony McEnroe, Managing Director at SiriusXT said: "The SME Instrument project is fully aligned with SiriusXT's plan to bring a 3D whole-cell imaging microscope to the disease research and drug discovery markets. For a startup company, just six months in existence, this win not only funds a significant part of our product development costs but it also validates the quality of the company's business plan".
The national support structure for Horizon 2020 is led by Enterprise Ireland and provides hands-on assistance to Ireland’s companies and researchers in identifying opportunities and applying for funding.
Dr Imelda Lambkin, National Director, Horizon 2020, Enterprise Ireland added: “We are delighted to see the latest in a series of successes by innovative Irish SMEs participating in the Horizon 2020 programme. This brings Ireland’s wins under this programme to over €30M to date. We would strongly encourage other SMEs to consider this opportunity too.”
For more information on Horizon 2020, go to www.horizon2020.ie