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TMCNet:  Government Continues to Use Research and Innovation to Drive Job Creation in Budget 2014

[October 16, 2013]

Government Continues to Use Research and Innovation to Drive Job Creation in Budget 2014

(Targeted News Service Via Acquire Media NewsEdge) DUBLIN, Oct. 15 -- The Ireland Department of Jobs, Enterprise and Innovation issued the following news release: Minister Sean Sherlock TD, the Minister for Research and Innovation today [Tuesday] warmly welcomed the Government's ongoing commitment to support research funding programmes delivered through the Department of Jobs, Enterprise and Innovation. This funding will support research, development and innovation activities delivered through Enterprise Ireland, Science Foundation Ireland, IDA Ireland, the Tyndall National Institute and the Higher Education Authority.

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. Ireland has just been ranked third in the EU, according to the new "Indicator of Innovation Output", which measures the extent to which ideas from innovative sectors are able to reach the market, providing better jobs and making Europe more competitive. This proves that we are investing smartly in this area and that our investment is delivering jobs," continued Minister Sherlock.

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, Smart Grids, Sustainable Food Production and Processing.

* 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 Ireland's higher education system and to bring their ideas to market.

* 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 Euros100m in funding from the EU's R&D Funding programme, the 7th Framework Programme, up from Euros93m in 2011. To date in 2013, over Euros86.5m has been leveraged from this funding source.

In the coming years, with the rollout of the European Union's next R&D funding programme Horizon 2020, with a total budget of over Euros70bn to 2020, our national research and development community is well placed to win significant funding from Horizon 2020, in the order of Euros1bn over the period to 2020, along with funding from other non-exchequer sources.

In addition, SFI funded researchers leverage over Euros31m in non-Exchequer, non-EU funding each year, while Enterprise Ireland funding leverages in the region of Euros15m from these sources.

"More and more, IDA Ireland's foreign direct investment wins capacity is being underpinned by a strong research capability in various sectors. In 2013 to date, more than 45% of IDA jobs announcements so far have been in companies with links to SFI research teams. That's over 3,700 jobs in companies linked to SFI funded researchers, proving a demonstrable link between research funding and job creation", added Minister Sherlock.

The Minister concluded by saying "Continued implementation of Research Prioritisation in 2014 will result in more targeted investment in Science, Technology and Investment, which will enhance the effectiveness and impact of our research investment to deliver high quality, sustainable employment." NOTES FOR EDITORS HIGHLIGHTS Budget 2014 will enable the delivery of a range of research and innovation supports, which are crucial in achieving a return to economic growth through growing innovation in Ireland. The measures this will deliver include: * Delivery of DJEI measures under Action Plan for Jobs 2014, to be announced early next year.

* IDA will target approximately 12,000 new jobs in 2014 with its capital budget fully protected.

* Enterprise Ireland will target some 12,000 new jobs and generate Euros17.5billion in exports. The Agency will also support 95 new High Potential Start-Up companies with commitments to create 2,100 new jobs.

* A total of over Euros400million invested through EI and SFI research and innovation programmes in 2014, taking into account all sources of funding including expected levels of funding from industry and EU sources.

* 2-3 new, large, internationally visible research centres, in sectors of national strategic importance. SFI will look to invest Euros10m - Euros15m in these centres in 2014 in collaborations with industry.

* Continued support to over 20 world-class SFI research centres and to a cohort of 3,000 researchers to maintain and drive Ireland's job creation strategy.

* SFI will continue to leverage funding for research centres programmes, building on successes to date. In 2011, SFI funded researchers leveraged Euros89m in non-Exchequer funding from a number of sources, mainly from private enterprise and from the EU. In 2012, this figure increased to Euros99.5m and this trend will continue in future years, as Horizon 2020 funding is drawn down.

* A national level "Health Innovation Hub", to drive collaboration between the health system and commercial enterprises leading to the development and commercialisation of new healthcare technologies, products, services and start-ups emerging from within the health system and/or firms." This will deliver a significant positive benefit for the life-sciences industry in Ireland. This sector is of strategic importance to Ireland, representing 50,000 jobs and exports of Euros51 billion.

* An additional Euros3.5million in supports for start-ups targeted at young entrepreneurs and micro-enterprises through the CEBs/LEOs.

Enterprise Ireland (Science, technology and innovation) Investment in 2014 will allow Enterprise Ireland to: * Continue to drive the innovation performance of indigenous industry and commercialisation of research.

* Support 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. These companies are the source of potential star performers of the future and each one will create at least Euros1m in export sales.

* Build on the multi-annual Euros22million Technology Transfer Strengthening Initiative, aimed at driving forward the research commercialisation agenda. This 4-year programme, which runs from 2013 to 2016, will produce 150 companies and will license 514 commercial technologies to industry. This programme will also deliver, through the new central Technology Transfer Office, a responsive interface between companies and the wealth of technology, skills and "know how" available in Ireland's higher education system.

* Produce almost 75 new businesses in 2014 through the New Frontiers Programme, Enterprise Ireland's entrepreneurial training programme.

* Support the Innovation Voucher programme, which enables small businesses to purchase innovation expertise from a third level institute. In 2014, Innovation Vouchers will support small companies in Ireland to complete over 400 projects.

* Support companies in Ireland to undertake 50 important collaborative projects with Irish third level institutions, through the Innovation Partnership Programme.

* Fund in the region of 80 R&D projects for client companies that are valued in excess Euros100,000.

* It is expected also that Euros100m will be drawn down from EU funding in 2014.

Science Foundation Ireland (SFI) The SFI Budget will facilitate continued underpinning of the Action Plan for Jobs commitment to use research and innovation to drive job creation, through funding enterprise-facing research teams and major research centres across many strategically important areas, such as cloud computing, future internet, energy, marine/ocean energy, health, medical devices, pharmaceuticals and agriculture.

SFI will continue to leverage funding for research centres programmes, building on successes to date. In 2011, SFI funded researchers leveraged Euros89m in non-Exchequer funding from a number of sources, mainly from private enterprise and from the EU. In 2012, this figure increased to Euros99.5m and this trend will continue in future years, as Horizon 2020 funding is drawn down.

* The funding allocation in 2014 will allow SFI maintain its direct support to over 20 world-class research centres and to a cohort of circa. 2800 researchers who are connected to over 700 companies. SFI will also offer supports to young talented scientists to grow the necessary skillset to support Ireland's future sustainable, high-value jobs capability.

* A key focus for SFI in 2014 will be on the establishment , 2- 3 new large-scale Research Centres, supporting 200-300 jobs, in sectors of national strategic importance such as Medical Devices, Software, Diagnostics, Telecommunications, Smart Grids, Sustainable Food Production and Processing etc. There will be significant industry engagement and co-funding (minimum 30%) of these centres. Exchequer funding for these new centres will amount to Euros10m-Euros15m in 2014.

* Funding for 4-5 Research 'Spokes' , which are essentially a mechanism to enable the addition of new industry and academic partners and projects to an existing SFI Research Centre, so allowing the Centre to expand and develop in line with new priorities and opportunities.

* In 2014 to date, more than 45% of IDA jobs announcements so far have been in companies with links to SFI research teams. That's over 3,700 jobs in companies linked to SFI funded researchers.

* The enactment of the new Industrial Development (Science Foundation Ireland) Act 2013 will see SFI funded activities move into the applied research arena, as well as continuing to provide key supports for oriented basic research. The extended remit will also enable SFI to fund on a wider geographical basis, meaning that for the first-time SFI will be able to fund on an all-Island basis.

* In addition the Foundation will be able to enhance commercialisation of previous research investments, primarily through their Technology Innovation Development Awards programme. This is in line with commitments in both the Action Plan for Jobs and the Programme for Government to drive commercialisation across the State's innovation system.

* SFI will also be able to fund programmes aimed at increasing industrial engagement with SFI and at facilitating Irish research groups to lead and win in Horizon 2020 in the years ahead.

* SFI will continue in 2014 to leverage funding for research centres programmes, building on successes to date.

The Programme for Research in Third Level Institutions Capital investment in the multi-annual PRTLI Programme will continue to improve Ireland's competitive offering in terms of research capability, through delivery of: * Over 20 key physical infrastructural projects (buildings and equipment) across Ireland's Higher Education Institutes, in areas such as biomedicine, materials science, nanotechnology, health, marine and energy. Over the lifetime of Cycle 5 of the Programme, these projects are supporting 2,000 jobs in Ireland's construction sector.

Tyndall 2014 allocation will support: * A number of new research breakthroughs, such as a possible anti-counterfeiting device, various MedTech technologies, and applications in the areas of photonics and energy.

* Continued leading edge collaboration with industry in the area of ICT, photonics.

* At least 2 new spin-offs from Tyndall technology.

Current Spending: In line with its commitments under the Comprehensive Review of Expenditure the Department and its Agencies will deliver a further Euros13m in efficiency savings in 2014. This significant amount is in addition to savings being delivered under the Haddington Road agreement.

The Department and its agencies will continue to deliver comprehensive programmes of activity and supports in respect of Jobs and Enterprise, Innovation and Regulation at a further reduced cost to the taxpayer.

The 2013 Gross Current allocation is approximately Euros19m less than the 2013 Revised Estimates Volume (REV).

The overall reductions from the 2013 REV allocation to the 2014 Budget allocation are in line with the Government's adherence to the EU/IMF Consolidation Programme and to returning our public finances to a sound footing.

One example of the benefits accruing to Ireland through the DJEI Current expenditure provision in 2014 relates to Ireland's membership of, and involvement in, the European Space Agency (ESA). Through targeted investment of public funds, Ireland's participation in ESA, co-ordinated by Enterprise Ireland, will continue to support Irish companies in the growing European and global space markets. Investment in space programmes and associated support to Irish industry yields an economic dividend much greater than the initial State investment.

Exports in EI supported clients involved in ESA are projected to double from Euros27 million in 2011 to over Euros56 million by 2015. Employment in this sector is projected to rise by over 25% over the coming year or so - from 1,570 in 2011 to over 2,000 quality jobs in 2014 and 2015.

The State investment in the coming years in ESA Space industry and research programmes is projected to deliver the following impacts: * A projected rise in total employment in ESA participating companies in the space industry and research sector from 1,570 in 2011 to over 2,000 in 2015.

* A doubling of exports in ESA participating companies, from Euros27m in 2011 to over Euros56m by 2015.

* Growth in turnover as a result of ESA investment from Euros35m in 2011 to over Euros70m by 2015.

Also in 2014, the Programme for Research in Third Level Institutions will fund 15 Structured PhD and Emergent Technology programmes, involving 450 research personnel.

This will deliver for industry by making PhDs "workplace ready", outside of academia and will enhance Ireland's labour force capacity in a number of key strategic areas, including Pharma/biopharmaceuticals, Medical Technologies, ICT, Food and Drink, Energy and Environment, Translational research sciences etc.

CC AutoTriage1pm-131016-30TagarumaMar-4518595 30TagarumaMar (c) 2013 Targeted News Service

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