Shannon company to share €10m EU grant

Shannon company to share €10m EU grant

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A Shannon company will receive a share of a funding pot of €10m from the EU’s scientific research fund.

Altratech is one of five SME’s who will benefit from the research funding allocation. The company produces a portable battery-operated kit for the quick detection of the HIV virus.

The five Irish SMEs will receive EU grants of up to 2.5 million each from the Horizon 2020 SME Instrument Phase 2 funding.

The funding is for innovative small firms to get ideas from the lab to the market and help generate growth and jobs in Europe.

Each of the projects will receive up to €2.5 million to finance innovation activities. Thanks to the funding, the selected SMEs can finance innovation activities like demonstration, testing, piloting, scaling up and miniaturisation, in addition to developing a mature business plan for their product. The companies involved in the projects will also benefit from 12 days of business coaching.

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Chief Reporter Pat Flynn has worked as a journalist for almost 30 years. His career began during the late 1980s when, like many aspiring radio presenters of the time, he worked for local pirate radio stations in Clare and Limerick.

Pat joined Clare FM in 1990 where he worked as researcher initially and later presented several different programmes including the station’s flagship current affairs programme.

He was also the station’s News Editor and Deputy Controller of Programmes. Despite leaving in 2003 to pursue a career as a freelance journalist, he continues to work with the station to this day.

As well as being the Clare Herald’s Chief Reporter Pat is also freelance journalist and broadcaster, contributing to Ireland’s national newspapers and is a regular contributor to national broadcasters.

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