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iHubs Newsletter December 2021

Happy Christmas from all the team at GMIT iHubs
Best wishes and a heartfelt thanks to all our client companies at the GMIT iHubs. To transitioned companies, New Frontiers alumni, EMPOWER participants, GMIT staff and students, advisory board members and supporters of the iHubs, we hope you have a very happy and peaceful Christmas and we look forward to engaging with you again in the New Year. Here's to 2022! Cheers. George

2021 Highlights
A brief roundup of some of the memorable highlights from 2021:

Programme Metrics 2020 - 2022
  • 118% increase in applications for EMPOWER 2020 programmes
  • EMPOWER GROWTH commenced in Q2 2021 with 14 participants from a wide range of sectors and age profiles.
  • 15 jobs created
  • 33 participants completed the programme to date with 12 from Galway, 8 from Mayo, 3 from Roscommon, 4 from Sligo, 4 from Donegal and 2 from Leitrim. 
  • Past participants stories showcase


Programme Metrics 2021

  • 121 applications Phase 1
  • 43 applictions for Phase 2 with 14 successful participants with 8 based in iHub Galway and 6 in iHub Mayo
  • Enterprise Ireland funded programme


New Frontiers Alumni Success Stories


Student Engagement

  • 42 student projects & placement with iHub client companies and programme participant companies
  • iHub Galway facilitates launch of Students Inc in GMIT. Student Inc. is a full-time immersive programme that runs annually from the start of June to the end of August. 
  • iHub support for Enterprise Ireland Student Entrepreneur Awards
  • Transition Year STEAM pilot project run out of newly extended iHub Galway 

Key Metrics
  • 900+ Supported Jobs
  • 45+ High Growth Start-Ups 
  • €200M Investment Funding Raised
  • Of which €82M raised while company was an iHub member
  • and €118M raised as follow on funding
  • 7 Company Acquisitions 
  • 76% of companies still in business after 7 years
  • €2+ conducted in R&D between client companies & GMIT
2021 Highlights
Events
  • 1,120 bookings for 12 hosted events
  • 85% online, 15% hybrid events (online with limited in person)
Member Company Success Stories
Bookings Open - Digital West 5th Annual Conference - Cybersecurity & Trust

 
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