Ireland receives €127m European Union research funding in first year of Horizon 2020
11 August 2015
Minister for Skills Research and Innovation Damien English TD congratulated Ireland’s researchers and companies for their €127 million success in the first year of Horizon 2020, the current European Union programme funding research and innovation. Ireland’s success exceeded the Action Plan for Jobs 2014 national target for 2014 by 27 per cent (€27 million).
The minister said: “85 per cent of funding won in 2014 came from ICT, research grants from the European Research Council (ERC) and training grants for researchers (‘Marie Skłodowska-Curie Actions’), advanced materials, advanced manufacturing and processing, biotechnology and agrifood.
“I welcome this financial success but I am also equally conscious of the importance of Irish researchers and companies participating in the Horizon 2020 programme so that they get to collaborate and innovate with the best and brightest that Europe has to offer therefore resulting in further excellence in our national system.”
Ireland’s companies have achieved more than €35 million of the total won in 2014, of which almost three-quarters went to SMEs.