The Department of Business, Enterprise and Innovation is inviting Expressions of Interest from those wishing to apply for funding under the Government’s new Disruptive Technologies Innovation Fund. This is one of four funds in the National Development Plan 2018-2027 and was launched at the Project Ireland 2040 Funds Announcement.
€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:
What is meant by Disruptive Technologies Innovation?
Disruptive technology has the potential to significantly alter markets and their functioning and significantly alter the way that businesses operate. While it involves a new product or process, it can also involve the emergence of a new business model. Disruption is about the combination of technology and business model innovation.
The combination of science, technology and innovation and this targeted funding mechanism is the manner in which disruptive technology will help achieve the National Strategic Outcomes (NSOs) set out in Project Ireland 2040.
Proposals are expected to address the development, deployment and commercialisation of one or more disruptive technologies to deliver new solutions through investment in the development and implementation of new products and services. Ultimately, the projects funded will create the jobs of the future.
Scope of the Call – Research Priority Areas 2018-202
ICT: Future Networks, Communications and Internet of Things, Data Analytics Management, Security, Privacy, Robotics, Artificial Intelligence (including Machine Learning), Augmented Reality and Virtual Reality, Digital Platforms, Content and Applications
Health and Wellbeing: Connected Health and Independent Living, Medical Devices, Diagnostics, Therapeutics
Fod: Food for Health, Smart and Sustainable Food Production and Processing
Energy, Climate Action and Sustainability: Decarbonising the Energy System and Sustainable Living
Manufacturing and Materials: Advanced and Smart Manufacturing, Manufacturing and Novel Materials
Services and Business Processes: Innovation in Services and Business Processes
How to Apply:
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.