Friday 30 September 2016

Nearly €40m announced in State funding for research projects

Published 03/08/2016 | 08:13

Research Project Stock image
Research Project Stock image

Almost €40m has been announced in State funding for 24 major research projects across the country.

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The funding will be allocated through Science Foundation Ireland's Investigators Programme through a stream provided by the Department of Jobs, Enterprise and Innovation.

Grants issued through the funding will be awarded in sums ranging from €500,000 to €2.7m over four to five year periods. Overall the funding will support around 200 researchers.

Innovation minister Mary Mitchell O'Connor said the funding provides and important platform for researchers.

"Engaging with 39 companies, the programme offers researchers the opportunity to develop their careers, as well as providing industry collaborators with access to the wealth of outstanding expertise and infrastructure found throughout the island.

"The alignment of the Investigators Programme with Horizon 2020, the European Union’s research funding programme, will lead to further successes in leveraging EU resources and increasing international collaboration. The projects within this programme clearly demonstrate excellent and impactful research which is a key goal of the Government’s science and innovation strategy – Innovation 2020," the minister said.

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