Alan Farrell
Question:63. Deputy Alan Farrell asked the Minister for Business, Enterprise and Innovation when the next round of the disruptive technology fund will open; and if she will make a statement on the matter. [20599/19]
View answerTuesday, 14 May 2019
Questions (63)
Written answers
My Department launched the €500 million Disruptive Technologies Innovation Fund in June 2018. Information on the Fund and how to apply was provided by my Department with the support of Enterprise Ireland, IDA Ireland and Science Foundation Ireland. Expressions of Interest were sought for funding commencing in 2019.
In December 2018, I was delighted to announce the 27 projects that were approved in principle for funding under the first Call for proposals. These projects will receive over €70 million in Government funding between now and 2021 and they represent the health, food, ICT and manufacturing sectors in Ireland. The projects involve partners right across the country, showing that excellence in collaborative research, development and innovation transcends county borders and that every part of Ireland is capable of participation in one of the most unique Funds Ireland has developed. In fact, 18 of the successful projects involve partners based outside the capital. The projects are co-funded by the enterprise partners in each consortium.
The Disruptive Technologies Innovation Fund is a competitive offer and all applications for funding under this first call were subject to the same assessment and selection criteria with an international panel scoring the eligible proposals to assist us in our deliberations.
It is my intention that a second call for proposals will issue in June.