Waterford News

WIT-led projects awarded €4m for skills-focused programmes

WIT additive manufacturingTwo projects led by Waterford Institute of Technology (WIT) have been approved under the Human Capital Initiative Pillar 3 (Innovation and Agility).

The Human Capital Initiative (HCI) will deliver an investment targeted towards increasing capacity in higher education in skills focused programmes designed to meet priority skills needs.

One of the WIT projects has the funds industry in its sights; while the other is in the engineering sphere (additive manufacturing, frequently referred to as 3D printing).

The WIT-led AMASE: Additive Manufacturing Advancing the South East is in collaboration with partners IT Carlow and industry partners has been awarded €2,152,349. The WIT School of Engineering through its SEAM Research Centre is a leader in the development of Additive Manufacturing, frequently referred to as 3D Printing. The funding will enable the development and implementation of a new and unique degree programme in Additive Manufacturing.

Dr Ken Thomas, Head of the School of Engineering, WIT said: “Additive Manufacturing is both the present and the future for many of the companies in region. Not only is very significant investment in new technology required, it is also absolutely vital to have personnel with the new knowledge and skills. This funding will lead to a higher-skilled workforce, sustainable employment, more and better jobs.

The WIT-led Strengthening and Protecting the Funds Industry in Ireland in collaboration with partners Cork Institute of Technology, State Street, and BNY Mellon  was awarded €2,048,180.

The funding will permit the establishment of an Academy for Investment Fund Executive Education and Development at WIT. Dr Thomas O’Toole, Dean of the Business School, said:

“The funding will be of benefit to all those working in the industry who are interested in developing their careers further. Current events have shown that, perhaps, there is now an alternative skill set required so that people can operate effectively in under new and evolving circumstances. Concepts such as ‘adaptability’ and ‘resilience’ have now entered the normal discourse: these are the types of concepts, amongst others, that participants will explore on the programmes developed by the Academy.”

Neil Quinlan, Head of the Department of Lifelong Learning at WIT welcoming the funding said: “WIT is delighted to lead initiatives in two key industry growth sectors for the South East – Precision Manufacturing Engineering and Financial Services. WIT is also working on further HCI projects including with IT Carlow on facilitating adults access higher education through Recognition of Prior Learning, and on developing future entrepreneurs with Technological University Dublin.”

Quinlan further outlines the importance of the funding tranche: “UNESCO’s recent expert report on lifelong learning emphasised the need to build people’s capacity to deal with change and profound importance of this given the disruption and uncertainly being felt across society from demographic change, the climate crisis, the rapid advance of technology and, more recently, the COVID-19 pandemic. Ireland showed great vision in developing the Institute of Technology sector 50 years ago to meet the needs of a rapidly changing society at that time. Meeting current critical need for greater and better lifelong learning opportunities requires a similar step-change in public policy and the Human Capital Initiative is a very welcome development in this regard.”

 

What We Do For Our Members

 

networking

 

 

business services

 

 

events

 

 

promotion

 

 

graph

 

 

influence

 

 

 

 

We Can Help!

Call us to find out how Waterford Chamber can help you with your business and training needs today.

 

 

 

 

 contact us button