Tuesday, 23 July 2019

Ceisteanna (996)

Bernard Durkan

Ceist:

996. Deputy Bernard J. Durkan asked the Minister for Business, Enterprise and Innovation when she will announce successful applicants under the disruptive technology innovation fund; and if she will make a statement on the matter. [32433/19]

Amharc ar fhreagra

Freagraí scríofa (Ceist ar Business)

The Disruptive Technologies Innovation Fund (DTIF) is a €500 million fund established under Project Ireland 2040 and forms a key part in the delivery of the Pillar 1 goal of Future Jobs Ireland to embrace innovation and technological change.

Together with my colleagues, Paschal Donohoe, TD, Minister for Finance and Public Expenditure & Reform and Patrick O'Donovan, TD, Minister of State for Finance and Public Expenditure & Reform, my Department launched the 2nd call of the Disruptive Technologies Innovation Fund at an event in the University of Limerick on Friday 5 July. Over 300 delegates registered for the event, which included an information session on the Fund and a networking session for potential applicants. Details of the Fund are available at www.dbei.gov.ie/dtif.

The closing date for applications under Call 2 of the DTIF is Wednesday 18 September at 15.00, after which all applications received will be checked for eligibility. Subject to the volume of applications received, the intention is that all eligible applications will be reviewed by an international panel of experts in October, who will identify a shortlist for interview with international experts during November. The announcement of successful projects is expected by end 2019.