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The role and impact of collaboration in corporate innovation in Ireland 2023

The role and impact of collaboration in corporate innovation in Ireland 2023

The report “Bridging the Innovation Divide” presents insights into the importance and performance of innovation within Irish businesses. 

Ireland’s innovation ecosystem is evolving to enable open innovation between businesses of different sizes and at different stages of development.  The Innovation Exchange is a unique initiative in Ireland bringing together large businesses with innovation needs and small businesses and start-ups with innovative solutions.

The research summarised in this report should encourage us to be ambitious as well as confident about the potential for collaborative innovation and the willingness of large Irish businesses and growing Irish SMEs to work together to unlock the true potential that innovation can play in business development. 

For further details or to speak to a member of The Innovation Exchange please email at info@theinnovationexchange.ie

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Discovery Exchange Aims to Accelerate Solutions to Society’s Biggest Challenges

Skillnet Innovation Exchange is delighted to announce details of Discovery Exchange, a new initiative developed in partnership with Research Ireland to promote collaboration between industry leaders and researchers funded under the National Challenge Fund. The aim of the initiative is to develop a better understanding of the challenges society is facing, from multiple perspectives, and facilitate a collaborative approach to developing innovative solutions to tackle them. Discovery Exchange will provide an opportunity for academic researchers and enterprise to engage and learn from one another, fostering potential collaborations that will enable the development of impactful solutions to societal challenges. The launch event, which was held on 22nd October 2024, brought over 250 delegates together to explore the different mindsets, approaches and processes required to address the big challenges in green transition and digital transformation, kick starting a process of collaboration between industry and innovators through keynotes, panels and roundtables. If you are interested in being involved in this initiative or in future Discovery Exchange events, please contact Rachel at info@theinnovationexchagne.ie

Skillnet Innovation Exchange Expands into Northwest

Skillnet Innovation Exchange, the initiative that connects large businesses facing innovation challenges with SMEs that can fast track the solutions, has announced an expansion into the northwest region through its west regional partner, Platform94, as part of its continuing nationwide expansion.   Platform94 will bring the benefits of Skillnet Innovation Exchange to businesses in Donegal, Sligo and Leitrim. The partnership will offer ambitious and innovative SMEs the opportunity to get connected with large businesses looking to access digital transformation solutions.   Attending today’s launch in Sligo’s AIM Centre, Dara Calleary TD, Minister of State for Trade Promotion, Digital and Company Regulation, said: “I’m delighted to welcome Skillnet Innovation Exchange to Sligo, Donegal and Leitrim and very pleased that the benefits offered by the initiative can now be easily accessed by SMEs in the northwest. Congratulations to Platform94 and Skillnet Innovation Exchange for making this happen and showing what can be achieved by positive collaboration.”   The nationwide expansion of the programme offers more SMEs access to a wide range of benefits, including access to a readymade sales pipeline, upskilling and collaboration opportunities with large corporations. To date, the Innovation Exchange has facilitated the delivery of 50 innovation challenges to its SME member base. Corporate members of the Innovation Exchange, which now number over 40, include some of Ireland’s leading companies including Ernst & Young, Hilton Foods, BWG, Coolmore Stud, ESB, Ryanair, An Post and many more.   Paul Healy, Skillnet Ireland Chief Executive, said: “Skillnet Ireland is delighted to announce the latest expansion of Skillnet Innovation Exchange in the northwest region. This expansion into Sligo, Donegal and Leitrim will create vital opportunities for SMEs to widen their business horizons and engage with larger corporations on pressing innovation challanges. Through this collaboration, large domestic and multinational companies will benefit greatly from access to innovative homegrown SMEs”.   Platform94, which helps ambitious technology businesses in the west of Ireland and beyond to scale internationally, was the first enterprise hub to become a regional partner of the Innovation Exchange in 2023. Other Skillnet Innovation Exchange regional partners include the Ludgate Hub in Cork, The Mill in Drogheda, RDI Hub in Kerry and GreenTech HQ in Enniscorthy.   Conor Carmody, Director, Skillnet Innovation Exchange, said: “Skillnet Innovation Exchange’s regional expansion throughout Ireland has afforded many SMEs the unique opportunity to collaborate with large corporates, bridging the innovation divide and strengthening the Irish business ecosystem. We are excited to continue our collaboration with Platform94 and to cultivate new, impactful relationships with businesses in the northwest. We especially look forward to highlighting the exceptional talent within northwest companies and supporting their growth as they scale their businesses”.   Marie Donnellan, CEO, Platform94 said, “At Platform94, we’ve always maintained a regional approach in our work with innovative and scaling businesses throughout the west and northwest of Ireland. We’ve focused on fostering a strong spirit of collaboration across both the west and northwest region. This extended partnership will enable us to offer even greater support to these businesses and the broader scaling ecosystem in the West/Northwest.” <END> Download Press Release About Skillnet Innovation Exchange Skillnet Innovation Exchange is where businesses facing digital transformation challenges are connected with innovative solutions providers with the talent to help them achieve their ambitions. Large corporations get access to Ireland’s most talented solutions providers to accelerate digital transformation. Scaling technology companies get an instant sales pipeline as well as access to key decision makers, market intelligence and the capability to sell to large corporates. To learn more, visit www.theinnovationexchange.ie   About Skillnet Ireland Skillnet Ireland is the national talent development agency of the Government of Ireland, responsible for advancing the competitiveness, productivity, and innovation of Irish businesses through enterprise-led talent development. Skillnet Ireland partners with 57 industry bodies, supporting over 26,600 businesses and more than 97,700 trainees annually, through its 70 Skillnet Business Networks and National Initiatives – Skillnet Climate Ready Academy, Skillnet Innovation Exchange, Skillnet MMC Accelerate and MentorsWork – across most sectors and all regions in Ireland.       Skillnet Ireland is funded from the National Training Fund through the Department of Further and Higher Education, Research, Innovation and Science. To learn more about Skillnet Ireland visit: www.skillnetireland.ie Skillnet Business Network search tool: https://www.skillnetireland.ie/our-networks/ Facebook: @SkillnetIreland    Twitter: @SkillnetIreland    LinkedIn: www.linkedin.com/company/skillnetireland    About Platform94: https://platform94.com/   For further information or interview requests, please contact: Oonagh Fox, Skillnet Innovation Exchange 0878554406 oonagh@theinnovationexchange.ie     Noreen Conway, Platform94 0861973638 noreen.conway@platform94.com

Skillnet Innovation Exchange Expands into Limerick

Skillnet Innovation Exchange, the initiative that connects large businesses facing innovation challenges with SMEs that can fast track the solutions, has announced an expansion into the southwest region through its regional partner, RDI Hub, as part of its continuing nationwide expansion.   RDI Hub and Innovate Limerick will join forces to bring the benefits of Skillnet Innovation Exchange to businesses in Limerick city and county. The partnership will offer ambitious and innovative SMEs the opportunity to get connected with large companies looking to access digital transformation solutions.   Attending today’s launch in Limerick’s Engine Collaboration Centre, Patrick O’Donovan TD, Minister for Further and Higher Education, Research, Innovation and Science, said: “I’m delighted that Skillnet Innovation Exchange is extending its reach and influence to Limerick and in doing so, is contributing to the competitiveness of companies in the region. Now, through Innovate Limerick, SMEs in the southwest can avail of the very real benefits Skillnet Innovation Exchange has to offer including upskilling, networking and access to business opportunities”.   The nationwide expansion of the programme offers more SMEs access to a wide range of benefits, including access to a readymade sales pipeline, upskilling and collaboration opportunities with large corporations. To date, the Innovation Exchange has facilitated the delivery of 50 innovation challenges to its SME member base. Corporate members of the Innovation Exchange, which now number over 40, include some of Ireland’s leading companies including EY, Hilton Foods, BWG, Coolmore Stud, ESB, Ryanair, An Post, and many more.   Paul Healy, Skillnet Ireland Chief Executive, said: “Skillnet Ireland is pleased to announce the latest expansion of Skillnet Innovation Exchange, this time in the Limerick region. The programme is offering much coveted opportunities for SMEs to expand their business horizons and engage with larger corporations. The Skillnet Innovation Exchange is also delivering substantial commercial solutions to domestic and multinational corporations that are engaged with the programme, and benefiting greatly from the creativity and innovation of our home-grown SMEs.”   Other Skillnet Innovation Exchange regional partners include the Ludgate Hub in Cork, The Mill in Drogheda, Platform 94 in Galway and GreenTech HQ in Enniscorthy.   Conor Carmody, Director, Skillnet Innovation Exchange, said: “Skillnet Innovation Exchange’s regional expansion throughout Ireland has afforded many SMEs the unique opportunity to collaborate with large corporates, bridging the innovation divide and strengthening the Irish business ecosystem. We are excited to continue our collaboration with RDI Hub and to cultivate new, impactful relationships with businesses in the southwest. We especially look forward to highlighting the exceptional talent within companies and supporting their growth as they scale their businesses”.   Megan Daly-Tyrell, Business Development Manager, RDI Hub “‘The ethos at the RDI Hub is all about making connections for start-ups, scale-ups, SMEs, corporates and enterprises to create, digitalise, innovate and scale businesses. To this end, the Innovation Exchange is a perfect partnership for us as it supports our key focus which is creating new jobs, products and services in the southwest. RDI Hub is delighted to partner with Innovate Limerick to bring the benefits of Skillnet Innovation Exchange to businesses in Limerick city and county”.   Dennis Barry, CEO Innovate Limerick: “We are delighted to host the Skillnet Innovation Exchange launch here at the Engine. Innovate Limerick is synonymous with expanding and furthering the local ecosystem through collaboration and partnerships in all sectors. We are looking forward to partnering with the RDI Hub and expanding the Skillnet Innovation Exchange program to Limerick”. <END> Download Press Release About Skillnet Innovation Exchange Skillnet Innovation Exchange is where businesses facing digital transformation challenges are connected with innovative solutions providers with the talent to help them achieve their ambitions. Large corporations get access to Ireland’s most talented solutions providers to accelerate digital transformation. Scaling technology companies get an instant sales pipeline as well as access to key decision makers, market intelligence and the capability to sell to large corporates. To learn more, visit www.theinnovationexchange.ie   About Skillnet Ireland          Skillnet Ireland is the national talent development agency of the Government of Ireland, responsible for advancing the competitiveness, productivity, and innovation of Irish businesses through enterprise-led talent development. Skillnet Ireland partners with 57 industry bodies, supporting over 26,600 businesses and more than 97,700 trainees annually, through its 70 Skillnet Business Networks and three National Initiatives – Skillnet Climate Ready Academy, Skillnet Innovation Exchange and MentorsWork – across most sectors and all regions in Ireland. Skillnet Ireland is funded from the National Training Fund through the Department of Further and Higher Education, Research, Innovation and Science.        To learn more about Skillnet Ireland visit www.skillnetireland.ie        Skillnet Business Network search tool: https://www.skillnetireland.ie/our-networks/      Facebook: @SkillnetIreland       Twitter: @SkillnetIreland       LinkedIn: www.linkedin.com/company/skillnetireland         For further information or interview requests, please contact: Oonagh Fox 0878554406 oonagh@theinnovationexchange.ie