News

New R&D directory launched for businesses by KTI

KTI (Knowledge Transfer Ireland) has recently launched the new, Directory of Research, Development & Innovation Supports for Enterprise 2021, which features a comprehensive breakdown of research and development funding supports currently available to businesses across Ireland. This Directory serves as a useful tool and a ‘one-stop-shop’ for businesses.

Leo Varadkar, TD

In a statement regarding the launch, Tánaiste and Minister for Enterprise, Trade & Employment Leo Varadkar encouraged business owners across all sectors to engage with the new directory. “There are many challenges ahead, as we recover from Covid, decarbonise our economy and adapt to the digital transformation. There will also be opportunities and those who can adapt and innovate will be the winners.  For any company thinking of working with a third level institution but don’t know where to start, I’d encourage them to have a look at this Directory and get in touch with Knowledge Transfer Ireland, which was set up as a kind of a one stop shop to help companies find the research or partner they are looking for.”

According to the latest figures from KTI, there has been a steady increase in companies involved in research collaboration. At the end of 2019 there were 2,168 collaborative research projects ongoing between businesses in Ireland and the Third Level and State research bodies, a 76% increase since the figures were first available in 2015.

Simon Harris, TD

Simon Harris, Minister for Further and Higher Education, Innovation and Science, said “Enhancing human capability and productivity will be key to meeting the challenges ahead, and to advancing Ireland’s economic and social development. Our third level system can provide access for companies to the brightest minds and cutting-edge infrastructure, and it is very welcome to see over 50 of these institutes and research centres profiled in the KTI Directory. I have no doubt we will continue to see ambitious spin outs grow out of our universities, institutes of technology and technological universities, as well as existing businesses around Ireland solving real-world problems through collaboration with the third level.”

Alison Campbell, Director of KTI

Alison Campbell, Director, Knowledge Transfer Ireland, said “Research commercialisation is flourishing in Ireland thanks to sustained investment in research, innovation and the knowledge transfer system. I am pleased that KTI is launching this updated Directory for companies that describes the breadth and depth of the research base and the variety of funding programmes that are available to them across the agencies. There is a wealth of potential in our higher education institutes and research centres, and increased collaboration across enterprise and academia can deliver results today and act as a magnet for future investment.”

Examples of funding available include

  • The Department of Enterprise, Trade and Employment’s €500m Disruptive Technologies Innovation Fund which supports the development and application of new technologies.
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  • The Enterprise Ireland Innovation Voucher which offers a voucher worth €5,000 to assist companies in exploring research opportunities with publicly funded research bodies.
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  • Science Foundation Ireland’s Strategic Partnership Programme which offers 50% funding for compelling research opportunities with potential to deliver economic and societal impact to Ireland.
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  • The Enterprise Ireland Business Innovation Offer of up to €150,000 to support businesses to increase their global competitiveness

The full Directory of RD & I Supports for Enterprise 2021 can be found HERE

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