Government encourages Businesses & Research Partners to apply for €500m Disruptive Technologies Innovation Fund

03/07/2018

  • Ministers Humphreys, Halligan and Breen announce that expressions of interest are now invited from groups considering applying for the Fund.

  • Funding projects that develop and deploy disruptive technologies through collaboration.

  • Fund worth €20m in 2019, rising to €30m in 2020, €40m in 2021 and €90m in 2022, with successful applicants in the first round to be announced by the end of 2018.

  • Ministers speaking in Drogheda at the launch of a report on the role of the Department of Business, Enterprise and Innovation in delivering Project Ireland 2040.

All interested businesses and research performing organisations should visit www.dbei.gov.ie/DTIF for information on the application process and full information on the Fund.

Themes include Robotics, Artificial Intelligence, Augmented and Virtual Reality, Health and Wellbeing, Advanced and Smart Manufacturing and Smart and Sustainable Food Production and Processing.

Projects must be collaborative in nature, involving a number of partners working together. There will also be a focus on projects that can be commercialised, meaning they can have a real impact on the jobs of the future.

Announcements on the first successful projects to be funded in 2019 will be made by end 2018.

SME participation in each collaboration is an essential requirement in order to receive funding from the DTIF.