Oct
09
2014

Hybrid Energy Solutions becomes Business Ambassador for InterTrade Ireland

Hybrid Energy Solutions becomes Business Ambassador for InterTrade Ireland

Kilkenny company recognised as a shining light of the Irish SME sector.

Kilkenny-based HYbrid Energy Solutions was one of 63 companies acknowledged for their contribution to enterprise and innovation across the island of Ireland. They were awarded ‘Business Ambassador’ status by InterTradeIreland at a special event held in the Mansion House in Dublin. The event was hosted by Minister for Jobs, Enterprise and Innovation, Richard Bruton TD.

Every county in Ireland was represented by the Business Ambassadors, who were nominated as companies that had successfully embraced innovation; developed new cross-border markets or secured venture capital with InterTradeIreland’s support. Representing the full spectrum of industries, the 63 companies have generated approximately €20 million in additional business value to the Irish economy so far.

Nick McGrath, MD, HYbrid Energy Solutions said:  “Hybrid Energy participated in both the Fusion and Innova InterTradeIreland programmes. These programmes enabled the Company to develop products that have been successfully deployed in the Middle East and Africa to multinational companies. Being an InterTradeIreland Business Ambassador is recognition that the company has truly embraced innovation and that technological advancement is part of our DNA.” HYbrid designs modular energy stations which provide efficient power to Telecommunications Base Stations, Community Power, Industrial and Commerial users.

Over 250 guests attended the event which included Government representatives, consisting of, Ministers of State, TDs and Senators. The group of InterTradeIreland Business Ambassadors were also invited to meet President Michael D. Higgins at a special reception at Áras an Uachtaráin to mark their achievements where he described the companies as ‘the finest of Irish entrepreneurial spirit and innovation’.

Speaking following the event, Margaret Hearty, Acting CEO, InterTradeIreland said: “We have supported businesses from a diverse range of sectors right across Ireland and we are extremely proud of their achievements. These firms represent many of Ireland’s most resilient and ambitious SMEs that are a testament of what can be achieved through enterprise and innovation. It is important that we recognise their success which we hope in turn will inspire other businesses to seek the support needed to develop and take their business to the next level.”

She added: “While the value of cross-border trade has not been immune to the recession,  we are encouraged by the recent upturn. The cross border market is an important export market for many first time exporters with one in five companies from Ireland trading in the Northern market – generating nearly €1.2 billion in 2012 in cross-border trade of manufactured goods alone. These companies show what can be achieved through North-South collaboration and business development.”  

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