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Ministers Humphreys and Halligan announce €230 million funding of six world-leading SFI Research Centres

Minister for Business, Enterprise and Innovation, Heather Humphreys TD, and Minister of State for Training, Skills, Innovation, Research and Development, John Halligan TD, announced an investment of €230 million in six SFI Research Centres, including APC Microbiome Ireland, as part of Project Ireland 2040. The €230 million investment made by the Department of Business, Enterprise and Innovation through Science Foundation Ireland, will directly benefit approximately 850 researchers employed by the centres, while also supporting the Government’s Future Jobs Ireland initiative. The investment is buoyed by industry support with 170 industry partners committing to investing over €230 million in cash and in-kind contributions over the next six years.

Commenting on the announcement, Minister for Business, Enterprise and Innovation, Heather Humphreys TD, said: “This investment by my Department in the six SFI Research Centres is part of the Government’s strategy to prepare now for tomorrow’s world, through plans like Future Jobs Ireland and Project Ireland 2040. The work that has been done to date has positioned Ireland as a world leader in research, further strengthening our global credibility across a number of different sectors. The economic impact of this research is clear, not only through direct and in-direct employment levels, but also through increased foreign direct investment. Our Research Centres not only act as magnets to attract and retain investment; they also encourage companies, both Irish and foreign-owned, to develop their R&D activities here. This will continue to benefit Ireland and the world for years to come.”

Minister of State for Training, Skills, Innovation, Research and Development, John Halligan TD, said: “This is an extremely positive announcement, SFI Research Centres are a huge draw for high quality sustainable jobs both directly and indirectly. They are agents of change, providing new ways of thinking and offering alternative solutions to issues and challenges that we face in many sectors. This is one of the positive examples of Project Ireland 2040 which has been rolled out to ensure that, as a nation, we are prepared for the changes and disruption that we face going forward. With the current strong economic outlook, it is important that we look to the future and our investments in excellent research allow us to do exactly that.”

The 170 industry collaborators include both multinational companies and SMEs based in Ireland and international.

Awards of funding to SFI Research Centres are made following rigorous international expert peer reviews. For more information visit http://www.sfi.ie/sfi-research-centres/