THE Technological University of the Shannon (TUS) is to get a multi-million euro funding boost from the Department of Further and Higher Education.
TUS will get €7million of funding to embed them into the regions they serve.
The funding, under the Technological Sector Advancement Fund, will replace the Technological Sector Transformation Fund, which was set up to establish the new technological universities.
The allowance will be put towards TUS’ costs of maintaining and mainstreaming existing activities, or initiating new activities, such as student support and success, data and systems, and reform and consolidation.
President of TUS Professor Vincent Cunnane said: “This funding will allow us to continue the transformation of the technological university sector and the Technological University of the Shannon in particular.”
“It will also allow us to reach our goals in line with our strategic plan and enhance our ability to interact with and serve the regions,” he said.
Minister for Further and Higher Eduction Simon Harris added: “The Government has been to the fore in providing a range of funding supports – current and capital – to establish and develop our new technological universities and to support all institutions in the wider technological sector.”
“I am delighted to announce further new funding today to ensure the TUs are embedded in their regions.”
The Minister continued: “We know the weight of expectation is on the shoulders of each TU to deliver for the areas and the people they serve. This funding will provide certainty between now and 2026 and will ensure we move from the establishment phase to a new era of delivery.”
