merrion street

Minister of State for Innovation and Research, Mr. Sean Sherlock, today launched a new €5 million programme designed to support all-island collaborative innovation projects. InterTradeIreland’s Innova Programme will offer up to €5 million to help companies benefit from all-island collaborative approaches to R&D.

Speaking at the launch, Minister Sherlock said...

All-island collaboration is enabling the development of companies that are scalable internationally with the ability to compete globally. This new generation of companies are embracing innovation with real results in terms of jobs and growth. Those taking part on InterTradeIreland’s Innova programme for example, have benefited from nearly €40 million worth of business development value despite the fact that over half of these projects are still in development phase. This government is committed to supporting innovation across the island and providing the necessary tools to companies to deliver their aspirations.

The programme aims to stimulate, promote and support R&D cooperation between companies North and South to accelerate new product, process or service development. Companies are currently invited to apply for Innova funding and, in particular, projects in the areas of life and health sciences including polymers and plastics, agri-food, advanced engineering, advanced materials, telecoms, environment and ICT are being sought.