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Minister Sherlock showcases Governments €44m investment to support 300 high-quality jobs in leading scientific projects

"These top-class research projects increase our understanding of critical areas of science, whilst also assisting the Irish economy and society in the process" – Sherlock

Mr Seán Sherlock T.D., Minister for Research and Innovation, today [Thursday], attended a showcase of work by the latest scientific researchers to be funded through the Department of Jobs, Enterprise and Innovation via Science Foundation Ireland’s (SFI) ‘Principal Investigator’ (PI) programme.

The PI showcase follows on from the announcement in early May by the Minister for Jobs, Enterprise & Innovation, Mr. Richard Bruton T.D., of a range of measures to support innovation in Ireland, chief among them a €44 million investment for 44 PI research teams, directly supporting close to 300 high-quality jobs over the next five years.

Detailing the plans, Minister Sherlock said: "Spanning SFI’s research portfolio, from Life Sciences to ICT to Energy, the PI Programme has been instrumental in helping Ireland to become a formidable, emergent scientific force on the international stage in recent years."

Minister Sherlock added: "Traditionally, researchers supported by the PI programme over the past decade have proven to be the essential individual building blocks of the strong scientific edifice that has emerged in Ireland."

"Through today’s showcase of some of our top-scientific talent, we are seeing that next layer which will fortify and bolster both our scientific network, enhance our reputation internationally and crucially, also connect with a number of key industry partners".

Minister Sherlock concluded: "SFIs PI programme serves as a beacon of excellence to prospective overseas researchers, investors and others wishing to do business with, or in, Ireland. These project awards also help to increase our understanding of critical areas of science, whilst also assisting the Irish economy and society in the process – by generating breakthroughs to hopefully deliver new products, services and sustainable jobs into the future."

Highlighting the importance of showing the PI programme, Director General of Science Foundation Ireland, Mr John Travers, said: "Occasions such as this allow us to see, hear and learn a great deal more about the specific nature of research projects - how the research came about, where it is at today, and the likely economic and societal impact that it will achieve."

The 2011 PI Awards will directly support close to 300 top-class researcher positions in a broad range of scientific areas such as cancer, early diagnosis of the childhood cancer Neuroblastoma, lung disease, investigation of therapeutic interventions for Alzheimer’s disease, Huntington’s disease, improved crop and plant cell productivity, graphics for gaming, resource management in data centres, advanced telecoms networks, autonomic management of smart cities, wave energy, and energy conversion and storage devices.

Thus far over 20 industry partners are connected to the successful projects in some shape or form, amongst them Inercept Pharma Ltd., Pevion Biotech Ltd, Sigmoid Pharma (Ireland), Nestle, Kerry Group, Alimentary Health, Intel Labs Europe, IBM, Alcatel-Lucent/BLI, Aquamarine Power (Edinburgh), Infineon, Disney Research, ESBI, France Telecom, Howard Science (UK), and a host of others.