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Cecil St Digital Collaboration and Virtual Reality Centre receives €2.2m grant 

A new Digital Collaboration Centre (DCC) has been awarded over €2 million by the Enterprise Development Fund.

The centre, which will be the first of its kind in Ireland, will be located at 29-30 Cecil Street to work with multi-national companies, small-medium enterprises, start-ups and third level institutions to facilitate the use of existing technology to solve business problems

Minister for Business, Enterprise and Innovation Heather Humphreys announced the grant of €2,279,073 today as part of the Regional Enterprise Development Fund totalling over €29m.

Mayor of Limerick City and County Council Board member of Innovate Limerick James Collins and Board member of Innovate Limerick said the news is further evidence of the ongoing growth and innovation in the city.

“As the first of its kind in the country it [the DCC] will narrow the innovation-adoption gap for global and indigenous companies across the region through regional collaborative disruptive technology applications in services and business processes, which will support start-ups, scaling, HPSU growth and talent attraction,” he added.

The Digital Collaboration and Virtual Reality Centre has also been earmarked for a 2019 grant under the Urban Development Fund.

Chief Executive of Limerick City and County Council Conn Murray said: “Today’s news is the latest positive development in what is a great period for Limerick.  This reaffirms our status as a digital and technical hub and, thereby, strengthening Limerick’s profile as a great place to do business even further.

“A huge amount has gone into getting us to where we are today and I want to offer my sincere thanks to the Innovate Limerick team for their vision and hard work. This adds to our momentum and Limerick’s reputation.”

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