COMMERCIALISATION FUND GETS €7M

A new €7 million fund is encouraging academics to turn research into jobs by bringing new products and services to market.  By creating new technology-based companies, third-level institutions will contribute to the government’s job creation targets and create ‘smart’ sustainable jobs. This fund, which will be administered by Enterprise Ireland, is part of Cycle 5 of the Programme for Research – the government’s investment plan for physical infrastructure and research projects in higher-education institutions between 2011 and 2016.