Kerry native Eamonn Costello and his company patientMpower are profiled in a report launched this week by the Local Enterprise Office for Dublin City.
Mr. Costello – who hails from Ballymacelligot – is co-founder and CEO of patientMpower, a healthcare company providing digital therapies to people with lung and kidney disease to empower a better health outcome.
In January 2018, patientMpower was named one of three overall winners at the IPF Catalyst Challenge in Chicago. The company took home a cash prize of $333,000. In 2017, patientMpower had received funding of €32,250 from Local Enterprise Office Dublin City through a LEO Priming Grant and, subsequently, a Business Expansion grant.
The report launched by Local Enterprise Office Dublin City this week profiles patientMpower and a range of other tech businesses supported by the Office since it was established in 2014. Mr. Costello attended the report’s launch at the Dublin City Council offices earlier this week.
Commenting at the launch, Dave Connolly, Business Advisor at Local Enterprise Office Dublin City, said: “We provide investment and other supports to start-ups and small businesses, with the tech sector accounting for one-quarter of all our clients.
“This is the most active sector we work with. So far this year, 53 per cent of all funding we’ve approved has been for tech businesses. These range from medtech start-ups and data analytics firms to e-commerce platforms and lifestyle companies.
“Each year, we help in the region of 40 tech clients, such as patientMpower. So far this year, we’ve provided €340,000 in funding to 23 tech businesses. The funding and other supports we provide help these businesses to build their staff teams; expand into new markets; and move from early-growth stage to high-potential start-ups.”