Tech disruptors in Ireland rejoice as DTIF launches seventh funding call.

• Ireland’s DTIF launches seventh funding call for tech disruptors, with a focus on digitalization, economic growth, and climate action
• The fund aims to foster collaboration between industry and research sectors for the development of new technologies
• Minister Peter Burke emphasizes the importance of incentivizing the development of innovative projects
• The fund has supported 104 projects with €371m across six previous calls, including one involving Ostoform
• Applicants for the fund must meet specific criteria, including a focus on industrial research and the presence of at least one SME in the consortium

Ireland’s DTIF Launches Seventh Funding Call for Tech Disruptors

In a bid to support cutting-edge research projects focusing on digitalization, economic growth, and climate action, the Irish Government has launched the seventh call for its Disruptive Technologies Innovation Fund (DTIF). This funding initiative aims to foster collaboration between industry and the research sector to drive the development and commercialization of new technologies. The recent announcement marks a shift from the previous closed call approach to an open rolling basis, prioritizing ‘user friendliness’ to attract a wider range of applicants and projects seeking funding support.

Encouraging Innovation and Collaboration in Tech

Minister for Enterprise, Trade, and Employment, Peter Burke, TD, hailed the launch of the seventh DTIF funding call as a crucial step in incentivizing the continued development of disruptive and innovative projects in Ireland. The fund, with a commitment to providing €500 million in support, aims to advance digital innovations across various domains, including quantum tech and AI. Notably, the DTIF has already allocated €371 million to 104 projects through six previous calls, showcasing its significant impact on fostering technological advancements in the country.

Ostoform, a lead partner of a DTIF third call project, along with partners Ross Polymer and Technological University Shannon, is currently engaged in developing a groundbreaking ostomy pouch that could substantially enhance the quality of life for individuals with digestive and urinary conditions. This project exemplifies the fund’s objective of supporting projects that have the potential to bring about tangible benefits and advancements in various sectors through innovative technology solutions.

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Government’s Focus on Driving Research and Innovation

Minister for Further and Higher Education, Research, Innovation, and Science, Patrick O’Donovan, TD, highlighted the Government’s commitment to maximizing the impact of investments in Irish research institutions. By supporting projects that drive innovation and create job opportunities for graduates in the future, the DTIF aims to not only advance technological capabilities but also contribute to economic growth and development in Ireland. The recent emphasis on including industrial research and experimental development in project proposals reflects the fund’s evolving criteria to accommodate diverse and impactful initiatives.

The DTIF’s application process for the seventh funding call, which remains open until April 30, 2025, requires applicants to meet specific criteria, including the involvement of at least one SME and one other enterprise in a consortium of three or more partners. All project partners must be based in Ireland and be affiliated with entities like Enterprise Ireland, IDA Ireland, or eligible research performing organizations. These requirements aim to ensure that funded projects contribute to the local economy and drive collaborative efforts between industry and research entities.

Exploring Future Tech Trends and Opportunities

As the DTIF continues to play a pivotal role in supporting tech disruptors and fostering innovation in Ireland, emerging tech trends are transforming various industries and shaping the future of work and education. Those interested in exploring how technology is reshaping tomorrow can delve into podcasts like “Future Human: The Series,” which offers insights into the latest advancements and trends in the tech landscape. By staying informed about evolving technologies and investment opportunities, individuals and organizations can position themselves to leverage the benefits of disruptive innovation and contribute to Ireland’s tech ecosystem’s growth and success.