Technovation

Contact person 
Valerie Brett
Institution 
Waterford Institute of Technology
E-mail 
vbrett@wit.ie
Country 
Ireland
Do you want to share an instrument/policy or a knowledge Transfer practice? 
Knowledge Transfer Practice
What are the following keywords/priorities which better fit the instrument/policy?  
No information provided
Identify the Knowledge Transfer area to which the practice belong 
University-Industry relations
Indicate the country from which the practice is 
Ireland
What is the title/name of the instrument/policy? 
No information provided
What is the title/name of the practice? 
Technovation
Indicate the target group/beneficiaries of the practice 
All companies
Higher education institutions (education function)
New technology based firms/new knowledge intensive service firms
What is the aim/objective? 
Technovation is a pilot Enterprise Ireland programme that will be delivered in conjunction with Waterford Institute of Technology (WIT) in the South East region. As part of the programme, Enterprise Ireland supports clients to employ a graduate for 18 months to undertake an innovation project. These projects could entail development of a new product or service offering, or the improvement of manufacturing or business process competitiveness. They will address a clear business need and have the potential to deliver a positive business impact.
Give an overview of the practice 
Postgrad studies combined with working within a company
What is the date of creation of this practice? 
Monday, January 2, 2012
Is the practice still active? 
Active
What is the approximate budget needed for implementing this practice? 
350 000.00€
What kind of resources is needed for implementing the practice? 
Dedicated person in WIT to run the programme, time of lecturing staff. Positions available in appropriate companies for the students.
Is this practice linked to an instrument/policy? 
Yes