20/10/2014

Five SFI Research Centres To Be Established In Ireland

Government funding of €245 million is to be used to establish five new world-class SFI Research Centres in Ireland.

The funding of €155 million from the Department of Jobs will be delivered through Science Foundation Ireland's (SFI) Research Centres Programme, coupled with €90 million in cash and in-kind contributions from industry partners.

The funding will be provided over the next six years, 2014-2020.

Speaking at the announcement, Minister for Jobs, Enterprise and Innovation, Richard Bruton TD, said: "The €245 million investment announced today, and the five new, large-scale, world-class research centres it will support, are aimed at achieving a step-change in the reputation and performance of Ireland’s research system. This builds on the announcement of seven similar centres last year. With twelve world-class SFI Research Centres, Ireland is now well placed to take the lead developing cutting-edge research and new technologies, ultimately delivering more commercial ideas and jobs."

Minister for Skills, Research and Innovation, Damien English TD, said: "This investment delivers another milestone for this Government’s Research Prioritisation objectives. These SFI Research Centres are ideally positioned to nurture real collaboration across industry and academia in Ireland which supports increased commercialisation of research and will ultimately grow jobs in the STEM sector. Importantly, these centres will also strongly position Irish based scientists to win funding through the EU Horizon 2020 funding programme, and will enable us to attract further investment from international companies in the future."

The five SFI Research Centres will be involved in over 165 industry collaborations with partners ranging from multinationals to SMEs and including Intel, Google, Microsoft, Medtronic Vascular Galway Ltd, Xilinx, Huawei and many more.

The new funding has been competitively awarded in areas of national importance closely aligned to industry and enterprise needs, job opportunities and societal goals.

(CD/MH)

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