My Department allocates funding annually for Enterprise Ireland’s Research, Development and Innovation (RD&I) budget to provide direct and indirect research development and innovation supports for indigenous companies and to support the commercialisation of State funded research under the following activities -
Activity 1 – Transforming R&D Activity in Enterprise - provides RD&I support for all stages of company development and innovation.
Activity 2 – Industry Collaboration with 3rd Level Sector – including Technology Gateways, Innovation Partnerships, Technology Centres, International Collaboration (which provides for Horizon Europe related activities), Innovation Vouchers, New Frontiers Programme and European Digital Innovation Hubs (EDIHs).
Activity 3 – Realising the Commercial Potential of Ireland's Research Community - comprising the Commercialisation Fund, Knowledge Transfer Ireland Technology Transfer Strengthening Initiative, and Incubator Space at 3rd level.
Activity 4 – Programme Support: Funds the central resource in Enterprise Ireland to manage and facilitate its RD&I activities.
The table below sets out the allocation of funding to the Enterprise Ireland Research, Development and Innovation budget for 2021, 2022 and 2023.
B4 - Allocation
|
2021
|
2022
|
2023
|
REV - Capital
|
€ 122,000,000
|
€ 125,925,000
|
€ 130,427,000
|
Covid Capital Scheme
|
€ 5,000,000
|
€ 1,000,000
|
|
Supplementary REV
|
€ 13,400,000
|
-
|
-
|
European Digital Innovation Hubs
|
-
|
€ 3,000,000
|
€ 6,000,000
|
European Regional Development Fund Projects
|
-
|
-
|
€ 15,656,000
|
Current Funding
|
€ 4,854,000
|
€ 5,379,000
|
€ 6,026,000
|
Total
|
€145,254,000
|
€135,304,000
|
€158,109,000
|