The Minister said "The Government is committed to the vision of using research and innovation to generate jobs and economic growth. Within the constraints of our economic circumstances, we are maximising the funding available for research, development and innovation and critically, maximising the impact of this investment on jobs and the economy.
The evidence shows our investment in this area is paying off.
Highlights in 2014 will include:
* Establishment, by SFI, of 2- 3 new large-scale Research Centres, supporting 200-300 jobs, in areas of national strategic importance e.g. Medical Devices, Software, Diagnostics, Telecommunications,
* Direct support to over 20 world-class research centres and to a cohort of circa. 2800 researchers who are connected to over 700 companies.
* 4-5 Research 'Spokes' to enable the addition of new industry and academic partners and projects to existing SFI Research Centres, to allow them to expand and develop in line with new priorities and opportunities.
* Enhanced commercialisation of previous research investments by SFI and EI.
* Support, through Enterprise Ireland, for 95 Innovative High Potential Start Up companies in 2014, with an associated 2,100 jobs, across a range of sectors, including Lifesciences, ICT, Food and Energy.
* Delivery, through the new central Technology Transfer Office, of a 'one stop shop' for companies to access the wealth of technology, skills and "know how" available in
* Support over 400 projects through the Innovation Voucher Programme.
* Support, through the Programme for Research in Third-Level Institutions (PRTLI) for 20 research infrastructure projects.
In 2014, SFI and Enterprise Ireland will continue to leverage EU and private sector funding for research programmes, building on successes to date. In 2012, Irish researchers across the country - both in industry and in the public research system - leveraged over
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