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A 5m euro investment expected to create 600 new jobs in the southeast

A 5 million euro investment from European research and innovation fund “Horizon 2020” will see 600 new jobs created in the southeast over the next three to five years.

The Minister for Education, Ruari Quinn will officially open TSSG’s “NetLabs” at Waterford Institute of Technology this afternoon.

Dr. Ruari Nevin, President of WIT, said the research and development sector is fast becoming a major employer in the region.

“We’re very much ready to take on for additional funding from Horizon 2020 … it’s that type of initiative we want to tie into”

Dr Ruari Nevin, President of WIT

Horizon 2020 is a research funding programme for the EU with an €80bn bankroll, running from 2014 – 2020. It is the biggest EU programme of its kind to date.

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