October 19, 2021
Business News Property

€5m boost to help make Waterford University dream a reality

An extra €5.1 million has been provided to help make the Technological University of the South East (TUSEI) a reality.

The funding comes after it was recently claimed the region’s first ever university will be established on January 1, 2022.

It is part of an overall €34.33 million package announced by Higher Education Minister Simon Harris to help higher education institutions to attain Technological University status.

The Technological University of the South East will be allocated €4.41 million in the coming weeks, with the final payment drawn down early next year.

Welcoming the funding, the presidents of Waterford Institute of Technnology (WIT) and IT Carlow said in a joint statement: “As presidents of the institutes of technology we welcome the allocation of €5.1m to the TUSEI consortium from the Technological University Transformation Fund and express our appreciation to the Minister for Further and Higher Education, Research, Innovation and Science and the HEA for their support.

“This substantial funding comes at a pivotal time for the TUSEI project as we move into the final key stages of developing the university.”

Waterford Senator John Cummins added: “The creation of a University in the South East is of the utmost importance.

“Thankfully it now appears that momentum exists to realise the ambition of creating a Higher Education Institution of International repute here in the South East. The skills and talent to realise that goal has always been here but unfortunately the drive to ensure it happened has been lacking in some quarters,” he added.

 

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