Minister for Business, Enterprise and Innovation Heather Humphreys, TD: “we want to see proposals that involve collaboration between industry, research bodies and the public sector.”
Calling all innovators in AI, robotics, smart food production, and health and wellbeing – opportunity now open to compete for a share of a new €500m Disruptive Technologies Innovation Fund (DTIF).
The Department presented an overview of the Disruptive Technologies Innovation Fund (DTIF) including eligibility criteria, application process and key considerations for applicants at the DTIF information event in Enterprise Ireland on 27 July 2018.
Type of Projects Eligible for Funding
€500 million is available for co-funded projects involving enterprises and research partners over the period to 2027. The first Call relates to projects that will be funded from 2019. Projects can be funded for up to 3 years. It is envisaged that the first tranche of successful projects will be confirmed by November 2018.
The type of projects that will receive funding will be:
- Collaborative enterprise-driven partnerships that will develop, deploy and commercialise disruptive technologies to transform business
- Impactful projects seeking at least €1 million in funding over 3 years and involving enterprises and research partners
- SME participation is an essential requirement in every consortium
- Focussed on “industrial research”.
The National Development Plan (NDP) under Project Ireland 2040 confirms the establishment of a €500 million Disruptive Technologies Innovation Fund (DTIF) that will:
- Be implemented through the Department of Business, Enterprise and Innovation (DBEI) and its agencies, working with other Government Departments and agencies;
- Have a resource allocation of €0.5bn over the period 2018-2027 consisting of an initial Exchequer allocation of €180 million to 2022;
- Be competitive and see investment in the research, development and deployment of disruptive technologies and applications on a commercial basis;Drive collaboration between Ireland’s world-class research base and industry as well as facilitating enterprises to compete directly for funding in support of the development and adoption of these technologies.
How to Apply
Potential applicants should read the Reference Document for Applicants carefully to ascertain whether or not they are eligible to apply and whether or not their proposed projects fit the criteria set out.
All applicants must complete and submit the Expression of Interest Form by email only to email@example.com by 15.00 on 17 August 2018.
Failure to submit an expression of interest on the DTIF EOI Template, will render that EOI ineligible.