November 27, 2020
Business News

WIT announces ‘groundbreaking partnership’ with US city

Waterford Institute of Technology (WIT) has announced what it describes as a “groundbreaking partnership” with a US city.

The college has joined forced with the Erie Innovation District (EID), which is located in Erie, a sister city to Dungarvan, Co Waterford.

The presidents of both organisations recently signed a Memorandum of Understanding (MOU) to formalise the partnership. The virtual signing involved a video link between Erie and Waterford.

The Erie Innovation District addresses three critical community needs including the stopping of brain drain, replacing low-wage jobs with family-sustaining jobs, and the revitalization of downtown Erie through innovation and entrepreneurship.

The new partnership will include:

  • Reciprocal sharing of facility space and associated support between startups participating in EID and WIT’s ArcLabs incubators and accelerators;
  • Potential for partnerships between EID and ArcLabs accelerator programmes, including trainings, lectures, webinars, and other programmes that leverage the knowledge-base and value propositions of both organisations;
  • The potential for staff exchanges that allow employees of EID and WIT to discover and share best practices.

WIT President, Prof Willie Donnelly, said: “We hope this agreement will open up opportunities for increased collaboration between Waterford and Erie and in particular, will allow us to further expand and enhance our enterprise development support programmes.”

The event was witnessed in Erie by Erie Mayor Joseph Schember and in WIT, Waterford City and County Council’s Billy Duggan and the Irish Ambassador to the US, Dan Mulhall.

Karl Sanchack, CEO of the Erie Innovation District, said: “This partnership with the Waterford Institute of Technology is a significant win for EID and Erie, Pennsylvania. As a host city, Erie should be proud that WIT seeks to collaborate with its Secure Erie Accelerator in sharing business innovations and startup growth between our cities and countries. It gives our innovation community a chance to learn from one of the best universities in Ireland, and it gives that same university an opportunity to learn from and see what we have built here in Erie.”

Waterford Mayor John Pratt welcomed the signing, adding: “I am proud to be part of this strengthening of the ties between Waterford and Erie through the signing of this MoU and will work to ensure we continue to build on the twinning relationship of Erie and Dungarvan.”

PHOTO: Irish Ambassador to the US Dan Mulhall, WIT President Prof Willie Donnelly and Waterford City and County Council senior executive officer for economic development Billy Duggan

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *