The Irish Times Innovation Awards April 2014 | Page 2

INNOVATION AWARDS 2014 INTRODUCTION Michael McAleer At The Irish Times our focus on Innovation was sparked in 2005/2006 by various commentaries within business and academia stressing the need to move our economies – North and south - to the next level. Even at the height of the Celtic Tiger, and with coherent signs of a peace dividend in Northern Ireland, we needed to decouple from its dependence on multinationals and Foreign Direct Investment. We needed to nurture a vibrant community of start-ups and an environment that welcomed new ideas, from new and established firms from the high-tech labs or the factory floors. The Innovation project was designed to recognise, discuss, inform, and encourage these ideas to fruition. In short our goal was to help encourage people to execute their ideas into active innovations across the island. Alongside the dedicated Innovation coverage in The Irish Times we introduced these awards – in association with InterTradeIreland – to further recognise and reward innovation on the island. Like innovation itself, this project is an evolving process for The Irish Times with several more strands to come. We hope to play an active part in the Innovation debate and do our bit to nurture new ideas in the years to come. SPEECH An Taoiseach, Enda Kenny