- Learnovate has secured €9.6m funding from Enterprise Ireland and IDA Ireland to address Ireland’s emerging skills gaps
- The technology center, based at Trinity College Dublin, specializes in learning technology to transform workplace, educational, and home learning experiences
- Learnovate’s research aims to help companies adapt to the future of work by enhancing skills development and creating innovative learning experiences
- The funding will support Learnovate’s expansion of research and innovation, with projections to generate significant economic impact for Ireland
- Key figures, including government officials and industry leaders, express confidence in Learnovate’s mission and importance in shaping Ireland’s future economy
Expanding Research and Innovation Efforts with Learnovate Funding Secured
Learnovate, a leading technology centre based at Trinity College Dublin, has recently secured €9.6m in funding from Enterprise Ireland and IDA Ireland. This significant funding injection comes at a crucial time for the Centre as it focuses on supporting Irish companies in developing technology solutions to bridge the emerging skills gaps in Ireland.
Impact on Irish Economy and Future Growth
The announcement of the €9.6 million funding marks a pivotal moment for Learnovate, allowing the Centre to expand its research and innovation agenda into the future. With projections suggesting that Learnovate will generate €50m for the Irish economy by 2025 and €100m by 2035, the impact of this funding extends far beyond the Centre itself.
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By addressing the evolving gaps in skills development, Learnovate is empowering organizations to adapt and thrive in the rapidly changing landscape of work. Minister for Enterprise, Trade and Employment Simon Coveney T.D. emphasized the importance of this work, stating, “The emerging gaps in skills development is one of the most important issues we are dealing with in Ireland at present as the landscape of work and learning is changing at such a fast pace.”
Supporting Irish Companies and Global Collaboration
Learnovate’s global expertise in learning technology has attracted a diverse membership base, including renowned organizations like Zoom, Mastercard, and Cisco, alongside Irish members such as LearnUpon, Folens, and Skillnet Ireland. This collaborative network enables Learnovate to drive impactful research and innovation that benefits both local and international partners.
The Centre’s team of experts, hailing from various disciplines including technology, psychology, and cognitive science, is dedicated to creating tailored learning experiences that enhance skills development and drive organizational success. Nessa McEniff, Director of Learnovate, expressed her enthusiasm for the funding, stating, “It will greatly assist us in delivering on our mission to deliver competitive advantage to Irish industry and help Irish companies to address evident gaps in skills development.”
Recognition and Continued Growth
The support and recognition from key figures such as Chief Innovation and Enterprise Officer Michelle Olmstead and Head of Research & Innovation at Enterprise Ireland, Marina Donohoe, underscore the importance of Learnovate’s contributions to the future of work and skills development. By embracing a forward-thinking approach to learning, Learnovate is equipping Irish businesses with the necessary skills to excel in an ever-evolving technological landscape.
Dónal Travers, Global Head of Technology at IDA Ireland, echoed this sentiment, stating, “Upskilling and transformation will continue to be core to IDA Ireland’s strategy as we address the challenges and opportunities that lie ahead.” The ongoing commitment to innovation and collaboration positions Learnovate as a key player in shaping the future of learning and skills development.
With the secured funding paving the way for expanded research initiatives and industry partnerships, Learnovate is poised to make a lasting impact on the Irish economy and global workforce. As the Centre continues to drive innovation and excellence in learning technology, its influence on the future of work and skills development is set to grow exponentially.
Links to additional Resources: 1. https://www.learnovatecentre.org/ 2. https://www.enterprise-ireland.com/ 3. https://www.idaireland.com/