A €30M Innovators’ Initiative Funding has been launched focusing on supporting Irish innovators.
The programme is administered by Enterprise Ireland, and co-funded by the Government of Ireland and the European Regional Development Fund (ERDF) which aims to promote economic, social and territorial cohesion across all European regions.
€30M Innovators’ Initiative Funding
The Innovators’ Initiative is a new €30M national initiative with the objective of developing a series of immersive, needs-led innovation training programmes. These training programmes will create cohorts of highly skilled innovators, who can identify unmet market needs within specific sectors of growth in Ireland.
This training will attract high calibre individuals and inter-disciplinary teams who, through their immersion and identification of needs in these environments – via the use of a design methodology – will be supported to generate new product and process ideas, new IP and in some cases, supported to create high-potential-start-ups (HPSUs). On completion of a programme, participants can return to their sectors with the accrued benefits of their new skills and training, or can form new start-up teams.
The Innovators’ Initiative programmes will be hosted in Irish publicly funded Research Performing Organisations (RPOs) – mainly third level institutions – or within a consortia of RPOs. Applications are now being sought from publicly funded RPOs from areas of sectoral importance to Ireland.
Successfully awarded programmes will each focus on a specific sector of national or regional importance, and will articulate the industrial strength and research capability of the region in which the programme is to be based.
Comments