Jul 30, 2018

Call for Expressions of Interest under the Disruptive Technologies Innovation Fund

Department of Business, Enterprise and Innovation is inviting expressions of interest from companies 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.

 

The type of projects that will receive funding will be:

  • Collaborative enterprise-driven partnerships that will develop, deploy and commercialise disruptive technologies to transform business.
  • Impactful projects seeking at least €1 million in funding over 3 years and involving enterprises and research partners.
  • SME participation is an essential requirement in every consortium.
  • Focussed on “industrial research”.

 

What do we mean by Disruptive Technologies Innovation?

Disruptive technology is that which 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. All applicants must complete and submit the Expression of Interest Form by email only to dtif@dbei.gov.ie by 15.00 on 17 August 2018. Failure to submit an expression of interest on the DTIF EOI Template, will render that EOI ineligible.