Minister Simon Coveney visits Kinetic Labs

Last week Kinetic Labs welcomed Minister for Foreign Affairs and Trade, Simon Coveney TD with Fine Gael colleague, Senator John Cummins.

Minister Simon Coveney visited Waterford at the request of Senator John Cummins to engage with various stakeholders across the City and County. Speaking of the visit to Waterford, Senator John Cummins said:

“There is no substitute for being out on the ground meeting and listening to people. This is where ideas are generated, problems identified and solutions are found.”

In addition to visiting Kinetic Labs, Minister Coveney and Senator Cummins also visited the Dungarvan and West Waterford Chamber, IFA Waterford, WorkLab Waterford, the Port of Waterford and Waterford Chamber.

Discussing the creation of a science innovation hub with Minister Simon Coveney

As part of the visit to Kinetic Labs and WorkLAB Waterford a discussion took place around the development of Kinetic Labs as a science innovation hub for start-ups and spin outs.

Opened in January 2021, Kinetic Labs was constructed with funding from Enterprise Ireland’s Regional Enterprise Development Fund (REDF), Waterford City & County Council and WorkLAB Waterford. This not-for-profit space offers start-ups and spin out companies access to over 400m2 of rentable wet laboratory space to develop their products and processes with:

  • Shared lab space for companies starting out and individual furnished/unfurnished facilities for more established companies
  • The excellent facilities at WorkLAB including offices, meeting rooms, café and a community of established companies and start-ups
  • Access to business and technical support centres – the Waterford Institute of Technology, PMBRC, SEAM, local IDA, Enterprise Ireland and South East Business & Innovation Centre (SEBIC) offices are all located nearby
  • Networking and learning opportunities as part of a life science cluster
  • Assistance in accessing funding (grant aid or private)
  • Access to industry specific and general business mentoring from the expert team behind Kinetic Labs

Cormac Johnston, General Manager of Kinetic Labs said of the visit:

“Welcoming Minister Simon Coveney and Senator John Cummins to Kinetic Labs was an opportunity to reaffirm our commitment to and set out plans for developing a science innovation hub here in the South East. For life science start-ups finding affordable and flexible lab space can be a big challenge. I see Kinetic Labs as the ideal place for local, national or international start-ups and spin-outs to develop their business. Through the development of a vibrant all-encompassing support focused facility, we aim to attract companies from across the globe to the South East to start their journey in this centre for innovation and bring additional employment to the South East.”

Interested in renting lab space?

Contact us to arrange a tour of our high-quality lab space together with office space, meeting rooms and facilities.