AIB Home (IRE)   AIB Economics   AIB Home (GB) 

Saturday 30th May 2015 
email to a colleague

printer version
Product Description Product Description

Product Description
Cash Management Cash Management

Cash Mgt Services
Public/Private Sectors
2013 Historic Rates 2013 Historic Rates

Historic Average
FX Rates 2013
Let us know let us know

send us your feedback
RateSaver RateSaver

online historic fx and
interest rates
fx3 fx3

custom fx rates
directly to your mobile
fxcentre pro fxcentre pro

confirm and view deals
& payments online
Science research gets E39m Govt funds
Friday, 29th June 2012 11.33am

Funding totalling E39 million for 30 flagship scientific research projects was announced by the Government today.

Administered via Science Foundation Ireland's (SFI) 'Principal Investigator' (PI) Programme, the projects will be supported through to 2015.

The funding will support 151 researchers working in areas identified by Government as key for developing new commercial products and services from scientific research, including ICT, health/life sciences and energy.

Industry collaboration will be central to the projects, and companies involved will include Intel, Analog Devices, J and J and Hitachi.

Among the areas covered by the research projects funded include: molecular imaging of cancer; obesity; inflammatory diseases; green transport and communications networks and renewable energy generation and storage.

Making the announcement, Minister Richard Bruton said: "Over the past decade, Ireland has built up a very substantial infrastructure and a reputation for basic scientific research, and many of the high-end jobs we have created in multinational and indigenous companies are directly related to these achievements. However, a central part of this Government's plan for jobs and growth is to ensure that this research is better targeted at turning the good ideas of researchers into good products and good jobs. Already, investments of E700million from multinational companies in 2011 was in R and D - but we must do more."

"To achieve this, we have introduced legislation to allow SFI to go beyond basic research to investigate commercial solutions; we have identified 14 areas which the Government is targeting for commercialisation; and we have adopted a series of reforms to make it easier to commercialise the results of State-funded research, including a one-stop-shop."

More breaking news >
The above information has been taken from sources we believe to be reliable and trustworthy. However the accurateness and completeness thereof are not guaranteed and therefore should not be relied upon as such. AIB does not endorse or approve the content of any information from third party sites nor will it have any liability in connection with any third party site (including but not limited to liability arising out of any allegation that the content of or information on any third party site infringes any law or the rights of any person or entity)
  © Allied Irish Banks, p.l.c. 2003 AIB Customer Treasury Services is a registered business name of Allied Irish Banks, p.l.c.
Allied Irish Banks, p.l.c. is regulated by the Central Bank of Ireland. Registered Office: Bankcentre, Ballsbridge, Dublin 4.
Registered in Ireland : Registered No. 024173.