The Clare Champion Clare news, sport, entertainment and local notes
A SHANNON firm is to benefit under an EU initiative which will deliver €3 billion to small to medium enterprises (SMEs). AltraTecch Ltd, based at Ballymurtagh business park, is one of 155 small companies from 21 countries, including 10 in Ireland, that will be first to receive €50,000 to finance feasibility studies for their projects. The projects can also benefit from up to three days of business coaching and after that, their projects may be considered for further financial support from the Commission worth up to €2.5 million. AltraTech is to receive funding for their innovative development of a 30-minute on-site DNA test kit for food-authenticity testing. Speaking about the project, AltraTech CEO, Tim Cummins said, “Food samples currently have to be sent to a lab for DNA species testing, and it takes 4-6 days to get results. Our on-site DNA test eliminates this delay, and helps food processors and retailers to test food authenticity quickly in their plants or …
Read More »