Liquid gold, multimillion ‘milk mining’ investment
A second term of funding worth €21m for a functional foods technology centre, Food for Health Ireland (FHI), was announced this morning.
The Department of Jobs, Enterprise and Innovation, through Enterprise Ireland will invest €16m in FHI with the remaining €5m being provided by the companies involved in the research centre; Carbery, Dairygold, Glanbia, the Kerry Group and the Irish Dairy Board.
Details of the investment were made at the first technology centres exhibition, which was hosted jointly by Enterprise Ireland and IDA Ireland in Leopardstown, Dublin.
Promoting a healthy diet for a healthy life, FHI ‘mines’ milk to identify novel bioactive ingredients to develop functional foods that will offer health benefits to consumers.
FHI is increasing its focus on infant nutrition, healthy cheese, sports drinks, ‘healthy aging’ drinks and products that can be used to manage Type 2 diabetes and obesity using the €21m it has received for its second research phase.
Making the announcement Jobs Minister Richard Bruton said “The food sector is a key sector targeted as part of the Action Plan for Jobs. FHI is an excellent example of the commercial output that the Government expects from the other centres in the programme, with combination of industry expertise and academic excellence producing a new generation of technologies, products and services.
Jens Bleiel, CEO FHI, said: “The first five-year term of FHI has shown for example, how milk protein-based nutritional supplements can assist in the prevention of age-related muscle loss in people aged 50-70 years. We’ve also seen interesting results from our second human intervention study into the effects of a new milk-based ingredient on glycemic management in 40-65 year olds that are either overweight but healthy, or have Type 2 non-insulin dependent diabetes.
“Through the research conducted by research teams at University College Dublin, University College Cork, University of Limerick, Teagasc, NUI Galway, NUI Maynooth and Dublin City University, FHI is bringing an array of promising ingredients into this second phase of our work and an important part of our funding will be used to conduct human intervention studies to test the health benefits of these ingredients. We look forward to seeing them on the market where consumers can reap the benefits of this research.
Julie Sinnamon, CEO Enterprise Ireland, said: “Irish companies need to engage with these technology centres to get a competitive advantage by introducing more innovative technologies to their business that can reduce costs and assist in the development of new commercially viable products and services.”
“Similar to the other 14 technology centres that Enterprise Ireland and IDA Ireland support, the model that has proven successful for FHI is where a group of companies with similar development needs set the research agenda which is then delivered by the best researchers in the field.”
Dermot Clohessy, executive director of IDA Ireland: ‘The highly qualified research undertaken at FHI and the other 14 technology centres will benefit both indigenous and international companies. This IDA supported initiative will drive innovation and deliver real commercial opportunities.”
The technology centre exhibition showcased the work of the 15 established centres that between them have a company membership of more than 300 companies, both multinational and indigenous companies.
Pictured at the launch Olympian Dr Ronnie Delany (right) and six-month-old Alyssa Flynn help Jens Bleiel, CEO Food for Health Ireland (left) demonstrate the range of functional foods with added benefits for people of all ages from birth through to old age developed at this technology centre/Image Gary O’ Neill