TECHNOLOGY leaders from the Silicon Valley were at City Hall this Tuesday morning for the signing of a major deal which is set to establish stronger commercial ties for the city.
As part of the Irish Technology Leadership Group forum, which will be officially opened this morning by President Michael D Higgins, a memorandum of understanding was signed between UL, City and County Council, LIT, UL, Shannon Airport, Limerick Chamber and the ITLG.
It is anticipated as a result of this, the region will benefit from increased investment, job creation, collaboration on innovation and specialist facilities and strengthening education linkages.
“The signing of this Memorandum of Understanding with ITLG creates a gateway to Silicon Valley for Limerick by encouraging the exchange of ideas relating to innovation, technology, investment and entrepreneurship” said Mayor of Limerick, Cllr Kathleen Leddin. “The promotion of the Limerick Region will enhance business opportunities in the US, which will inevitably drive employment and encourage entrepreneurship.”
It is also envisaged that the closer collaboration established by the Memorandum signed with ITLG will also facilitate the twinning of Limerick with a city/town in California; this will further drive reciprocal benefits for Limerick City and County Council, Limerick Chamber, Limerick Institute of Technology, University of Limerick and Shannon Airport.