A leading innovation company in the UK has announced it will be opening its Irish office in Galway.
Cresco, which secures grants and funding for technology based clients, will be located at at NUI Galway’s Business Innovation Centre.
The University’s Business Innovation Centre has supported many companies by providing them with facilities on campus and the ability to carry out research.
Jo Derbyshire, CEO of Cresco, said: “We are very excited to formally establish our Irish operations.
“We have been working with Irish clients for some time, and the opportunity of an office at the NUI Galway Business Innovation Centre is the ideal opportunity for us to build on the success we have enjoyed so far, Cresco Ireland is a key pillar of our ‘Brexit’ strategy.”
With its headquarters in the UK, the Cresco team has been working with many Irish companies and has enjoyed unprecedented success winning funding applications through the Horizon 2020 programme.
Fiona Neary, Manager of the Business Innovation Centre at NUI Galway, said: “This is an exciting partnership with Cresco as NUI Galway continues to transform healthcare and the Medtech ecosystem.
“Our vision is to create innovative medical technologies which are affordable and transformative for patients with both acute and chronic conditions.”
The partnership with the company could lead to further grant potential with commercial impacts for Galway and the wider region, with many discussions already underway with potential University spin outs and early stage start-ups.