I am satisfied that the Special Support Programme for Peace and Reconciliation in Northern Ireland and the Border counties contains suitable provisions to provide for co-operation between suitable cross-Border science and technology projects.
To date, however, most such co-operation has been supported under the International Fund for Ireland which finances a special science and technology programme aimed at putting in place a capability and infrastructure that will lead to innovation and technology transfer for the benefit of Irish industry as a whole.
Up to 1995 the programme concentrated primarily on supporting the establishment of technology innovation centres. These represent partnerships between industry and third level colleges, North and South, to help companies to become more competitive by encouraging innovation and research. The centres are directed by industry-led boards who make sure that the research work has a commercial focus. In 1996 the fund also established a new programme of financial assistance called RADIUS (Research and Development between Ireland and the United States) modelled on the successful US/Israel Binational Industrial Research and Development (BIRD) Programme. The new scheme will seek to stimulate, promote and support joint ventures in product and process development between manufacturing or internationally tradeable service companies based in Ireland and the United States. Conditional grants of up to 50 per cent of the total eligible and approved project costs are available under the terms of the scheme.