Dublin, 7th April 2017 – Minister for Jobs, Enterprise and Innovation, Mary Mitchell O’Connor TD, today announced €4.6 million in funding for 37 Science Foundation Ireland-funded research projects, which will facilitate the commercialisation of research across a range of disciplines in science, technology, engineering and maths (STEM).
The SFI Technology Innovation Development Award (TIDA) programme is run in collaboration with Enterprise Ireland and supports researchers undertaking applied research projects that demonstrate potential for strong economic impact. Running since 2009, the SFI TIDA programme provides project development funding and training in entrepreneurship skills to third-level researchers, to support them in exploring commercial opportunities associated with their research.
Speaking of the Awards, Minister Mary Mitchell O’Connor said: “I am delighted to announce this investment in research commercialisation and entrepreneurship training, through the SFI TIDA programme. It will enable the research teams to take the first steps in developing new discoveries and inventions with commercial potential. As outlined in the Irish Government’s science strategy, Innovation 2020, we are committed to having one of the most highly skilled and innovative workforces in the world. With SFI-funded researchers receiving entrepreneurship training as part of these awards, we are helping to bring scientific and technological research to market.”
The SFI TIDA programme is designed to enable researchers to focus on the initial stages of an applied research project, facilitating researchers with the opportunity to demonstrate the technical feasibility of their project, directed toward the development of a new or innovative technology, product, process or service that has potential for further commercial development.
Speaking of the announcement, Prof Mark Ferguson, Director General of Science Foundation Ireland and Chief Scientific Adviser to the Government of Ireland, said: “Science Foundation Ireland is committed to investing in the translation of world-class research from the laboratory to market. We regularly see high quality research discoveries that are likely to have strong economic impact potential; a key objective for Science Foundation Ireland is to increase the number of these discoveries that secure follow-on public or private investment. The SFI TIDA programme plays a key role in this process by providing funding to develop technologies, and by delivering training in entrepreneurship to support Ireland’s next generation of technology start-ups.”
Amongst the research activities being funded are:
Under the SFI TIDA Programme, the 37 research projects were funded through nine research bodies, as follows: National University of Ireland Galway (8), Tyndall National institute (1), University College Cork (3), Cork Institute of Technology (1), Trinity College Dublin (11), Dublin City University (3), Dublin Institute of Technology (1), University College Dublin (7) and the Royal College of Surgeons (2).
(A full list of the 37 projects, with details of the institutions and research topics, can be seen here)
Today’s announcement includes support for five early-career stage researchers who have received their first competitively awarded, internationally peer-reviewed research grant. These are: