Waterford News

‘BizTech’ strategists on hand to help businesses ramp up post crisis

RIKON Pat Lynch Dave MitchellA team of business strategists, technologists and design thinkers at one of Waterford Institute of Technology’s research centres RIKON are offering their services to businesses across Ireland impacted by the Covid-19 pandemic.

Research centre RIKON is an approved supplier for the Enterprise Ireland/IDA and Local Enterprise Office (LEO) funded Business Continuity Supports for Enterprises as a direct response to Covid-19. However, it is also offering its services to help businesses navigate the many different support schemes available to them.

There is assistance for all business types and sizes says Dr Pat Lynch, Co-founder and Director of RIKON, whether a sole trader, IDA company, Enterprise Ireland and Local Enterprise Office client.

“In recent weeks, it has been heartening to see the resilience and adaptation of SMEs to the COVID-19 environment, finding new and innovative ways of working and utilising technologies.  We are responding to an array of client issues such as crisis management, process optimisation, supply chain resilience, digital transformation, scenario planning and business model innovation….all to ensure that companies are best prepared for ramp up post-crisis,” says Dr Lynch.

“The funding landscape has become increasingly crowded and RIKON is happy to work with companies to simply establish where they fit in this new landscape and determine which funding option is best for them. We are working hard to assist companies through the application process and secure the appropriate funding,” adds Mary Clare Curran, Commercial Manager, Business Strategy and Marketing at RIKON.

RIKON is already working with companies under these new funding streams as well as the more established Innovation Vouchers and, of course, larger funded projects.

Normally based at WIT’s ArcLabs research and innovation hub, the RIKON team has adapted its way of working and moved its services online. Its BizTech strategists specialise in solving business problems and creating commercial opportunities through pioneering research advancements across business strategy, innovation, design, operational excellence and technology optimisation. The RIKON mix of business strategists, technologists and design thinkers create, incubate and deliver a future business that produce extraordinary results and allow you to leapfrog your competition.

“Our experience is that client companies have been happy to adapt to a new way of working with us and we hope to continue to provide support and advice to as many businesses as possible in the coming months,” adds Dr Lynch.


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