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Minister for Business, Enterprise and Innovation, Heather Humphreys TD, together with Minister for Employment Affairs and Social Protection, Regina Doherty TD, today announced that 16 innovative projects have been successful under the second round of the Disruptive Technologies Innovation Fund administered by Enterprise Ireland. The projects will share €65 million out to 2022.
Among the ground-breaking projects are a new type of zero-emission, refrigerant-free heat pump, a waste water to energy project for the food and drink sector and an AI-enabled wearable device that will allow kidney dialysis patients to self-manage.
The 16 projects cover life sciences, medical devices, ICT, artificial intelligence, blockchain, manufacturing and environmental sustainability, including in the waste and energy sectors. They all involve collaborations of between three to seven partners, with at least one SME being involved in every project and 13 being led by an SME. The other partners include other SMEs, as well as multinationals and academic institutions. The €65 million announced today brings the total funding awarded under DTIF to date to €140 million. The Fund, which was announced as part of Project Ireland 2040, will see an overall amount of €500 million of government funding allocated over the ten years from 2018 to 2027 alongside enterprise co-funding.
The Fund is delivering on Pillar 1 of the Government’s Future Jobs Ireland framework – Embracing Innovation and Technological Change – by funding the development and deployment of disruptive innovative technologies on a commercial basis. It is one of the first funds of its type in the world and is aimed at tackling national and global challenges to secure the jobs of the future.
Announcing the successful projects at a special event at NovaUCD today, Minister Humphreys said:
"Yet again I am amazed at the quality and originality of the projects that are receiving funding under the Disruptive Technologies Innovation Fund today. These 16 projects will bring significant changes and benefits across all sectors of society, both at a national and a global level. Ultimately, they will change how we work and live, enhance the competitiveness of the Irish economy and help us to create the jobs of the future.
"I am especially pleased to see the quality of the collaborations involved, with SMEs, multinationals and research organisations combining to share their expertise and knowledge. As a small nation with limited resources, we must work together to maximise the opportunities from the investment in our enterprise sector and research institutions.
"These projects involve partners based all around Ireland, from Leitrim to Waterford and Dublin to Galway. It shows the strength of our enterprise and research base across the regions and will bring high-quality jobs and investment to these areas."
Minister for Employment Affairs and Social Protection, Regina Doherty TD, also praised the successful projects:
"The Disruptive Technologies Innovation Fund is exactly the kind of fund that Ireland needs right now as we embrace the opportunities and challenges that disruptive technologies bring to our workplaces and homes. This is all about preparing Ireland and the Irish workforce for the jobs of the future. We need to future-proof our existing employment base and we need to prepare for new types of jobs that haven’t even been invented yet. The DTIF is a critically important element of our Future Jobs agenda."
Minister of State for Training, Skills, Innovation, Research and Development, John Halligan TD, said of today’s announcement:
"As a Government, we have invested heavily in the enterprise and research sectors as drivers of the economy, building capacity in those sectors so that we create and maintain high quality employment in our economy. These DTIF projects are excellent examples of the innovation and creativity that is all around us in our companies and our colleges."
A total of 63 full applications were entered under this second call of the Fund. The eligible projects received went through a rigorous and highly competitive evaluation process involving screening and interview by panels of international experts.
The successful projects include:
Julie Sinnamon, CEO, Enterprise Ireland, who administer the Disruptive Technologies Innovation Fund, said:
"This significant funding initiative is future proofing Ireland to ensure that we become leaders in the face of disruptive technologies. The transformational nature of this fund will help to realise the ambitions of Irish companies and ensure Ireland’s growth is maximised. The collaborative focus marries expertise and innovative ideas with like-minded partners to ensure the future growth of enterprise in Ireland. In the second call of awardees announced today, we are seeing a step up in the calibre and size of projects coming through with a greater level of collaboration between SMEs and MNCs. This latest set of DTIF projects illustrates Irish SMEs at their best, demonstrating the originality and creativity for which Ireland is renowned."
Professor Orla Feely, UCD Vice-President for Research, Innovation and Impact said:
"UCD has been a strong proponent of key government initiatives such as the DTIF to help drive collaboration between the higher education sector research base and enterprises to support the development and adoption of new technologies and applications to deliver impact.
She added:
"I am delighted that UCD researchers are partnering in four of the successful disruptive projects which will be funded under the second tranche of this highly competitive fund. I am also very pleased to see two UCD spin-out companies, Equal1 Labs and Latch Medical, both headquartered here at NovaUCD, along with NovaUCD graduate company Corlytics, as partners in projects funded under the scheme. This strong involvement of UCD researchers and UCD companies reflects the strength of research and innovation activities taking place across UCD."
ENDS
For further information contact:
Press Office, Department of Business, Enterprise and Innovation, 01-631 2200 or 087-125 5572, email: press.office@dbei.gov.ie
The Disruptive Technologies Innovation Fund (DTIF) is a €500 million Project Ireland 2040 fund confirmed under the National Development Plan (NDP) in 2018. The Department of Business, Enterprise and Innovation is managing the DTIF with administrative support from Enterprise Ireland. The purpose of the Fund is to drive collaboration between Ireland’s world-class research base and industry as well as facilitating enterprises to compete directly for funding in support of the development and adoption of these technologies. The aim is to support investment in the development and deployment of disruptive technologies and applications on a commercial basis.
Applications for funding to Call 2 of the DTIF were assessed by panels of international experts in two stages: all eligible applications were reviewed remotely by the international experts and those projects that were above threshold in each of the four criteria – quality of the disruptive technology, excellence of approach, market impact and strength of collaboration – went through a rigorous interview process.
The department’s website contains more information on the Future Jobs initiative and the Disruptive Technologies Innovation Fund.
| Project Title and Summary | Consortium Members | Research Priority Area | Regional Location | Total DTIF Award ("in principle) |
| Developing inhaled bioengineered exosome therapeutics, delivered by tailored aerosol delivery technology for the treatment of Chronic Obstructive Pulmonary Disease (COPD). | OmniSpirant Ltd; Aerogen Ltd; National University of Galway, CCMI. | Health and Wellbeing | OmniSpirant - Tipperary / Aerogen - Galway | €9.4m |
| Quantum Computing in Ireland: A Software Platform for Multiple Qubit Technologies, to explore their potential to address challenging problems arising in areas such as financial services, logistics or drug discovery. | IBM Ireland Ltd; Tyndall National Institute; University College Dublin; National University of Ireland Maynooth; Rockley Photonics Ireland Ltd; MasterCard Ireland Ltd; Equal 1 Laboratories | ICT | Rockley / Equal 1 Labs - Dublin | €7.3m |
| FerrTest, Point-of-care iron stores / Ferritin testing for at-risk blood donors, women and children. | Radisens Diagnostics Ltd (RAG); Irish Manufacturing Research (IMR); Poly Pico Technologies Ltd (POLY); Trinity College Dublin | Health and Wellbeing | Radisens - Cork / Poly Pico - Galway | €7.0m |
| Data-center Audio/Visual Intelligence on-Device (DAVID), will develop ‘privacy by design’ AI platform, capable of multi-modal, ultra-low power consumption, ‘data centre’ level processing of audio and vision data on-device, without need to transmit any personal data to the cloud. | Fotonation Limited; Soapbox Labs Limited; National University of Ireland (NUIG) | ICT | Fotonation - Galway / Soapbox - Dublin | €6.9m |
| Project Title and Summary | Consortium Members | Research Priority Area | Regional Location | Total DTIF Award ("in principle) |
| Pharma Latch: A disruptive microneedle drug delivery platform | Latch Medical Limited; Blueacre Technologies Limited; TheraDep Limited; University College Dublin | Health and Wellbeing | Latch - Dublin / Blueacre - Louth / TheraDep - Cork | €4.4m |
| STROKE-CIS, developing Clot Ingestion System medical technology to treat stroke | Perfuze Limited; Teleflex Limited; VistaMed Limited | Health and Wellbeing | Perfuze - Galway / Teleflex - Limerick / VistaMed - Leitrim | €4.4m |
| Blockchain and AI-Enabled Stratified Trial System, a highly secure blockchain-enabled, trustworthy and GDPR-compliant platform that matches patients with clinical trials, based on their personalised clinical and genetic data, ensuring complete patient control and ownership of that data and providing a future share of any value derived from this sharing. | The Royal College of Surgeons in Ireland; Ergoservices Ltd; Microsoft Ireland Operations Ltd; Singularity Alpha Ltd. | Innovation in Services and Business Processes | Ergoservices / Singularity - Dublin | €3.9m |
| FreeSpace project will revolutionize wireless connectivity with ultra-high capacity wireless laser communication technology that delivers an unprecedented combination of bandwidth, availability and distance without the need for spectrum licensing. | mBryonics Ltd; Pilot Photonics Ltd; OEWaves Global Ltd; DCU; Trinity College | ICT | mBryonics - Galway / Pilot Photonics - Dublin / OEWaves - Dublin | €3.6m |
| Transfer print technology for heterogeneous integration of components TAPESTRY, for the micro-assembly of advanced electronic and photonic components leading to sophisticated and compact subsystems for use in sensing and communication applications. | Tyndall National Institute; X Celeprint Ltd; Rockley Photonics Ireland Ltd; Analog Devices International Unlimited Company | Manufacturing and Materials | X Celeprint / Rockley - Dublin / Analog Devices - Limerick | €3.6m |
| EyeVU, will deliver a disruptive, miniaturised "eyeball" endoscope camera, which will allow clinicians to see around corners, with unparalleled precision. | Tympany Medical Ltd; University College Dublin; Gentian Services; NCAD | Health and Wellbeing | Tympany - Galway / Gentian - Clare | €3.2m |
| Project Title and Summary | Consortium Members | Research Priority Area | Regional Location | Total DTIF Award ("in principle) |
| Next Generation Heat Pump for Affordable Decarbonisation of Heating, through the development of a zero-emission, refrigerant-free heat pump | Exergyn Ltd; Dublin City University; Fort Wayne Metals Ireland Ltd | Energy, Climate Action and Sustainability | Exergyn - Dublin / Fort Wayne - Mayo | €2.4m |
| Haemodialysis Outcomes & Patient Empowerment (HOPE), an AI enabled software medical device & wearable device that will empower kidney dialysis patients to self manage & provide clinicians with insights to improve care | RCSI; patientMpower Limited; Sixty (Design to Value Limited) | ICT | patientMpower - Dublin / Sixty - Cork | €2.1m |
| Connected Enteral Feeding Healthcare System for Integrated & Co-ordinated Care: a Mobility+ ecosystem leverages innovation in sensors, a new innovative feed delivery device design, connectivity and apps for an entirely new level of data-driven patient-centered care. | Rockfield Medical Devices Ltd; Galway-Mayo Institute of Technology; Steripack Group | Health and Wellbeing | Rockfield - Galway / Steripack - Westmeath | €2m |
| TRANSPIRE - A trained AI Platform for Regulation, a project that combines human expertise with artificial intelligence to demystify laws and regulations making it easier to do business while protecting consumers. | Corlytics Ltd; CeADAR UCD; Singlepoint Solutions Ltd. | ICT | Corlytics / Singlepoint - Dublin | €2m |
| Sustainable Bio-Renewable Energy from Wastewater (S-BREW) for the Food & Drink wastewater sector that will reduce land-spread waste and produce high-quality renewable energy. | NVP Energy Ltd; Ashleigh Environmental Ltd; National University of Ireland, Galway (NUIG) | Energy, Climate Action and Sustainability | NVP Energy - Dublin / Ashleigh - Waterford | €1.8m |
| Video Intelligent Search Platform (VISP), will provide an innovative intelligent video platform to enable the exploitation of video for the criminal justice/security and media & entertainment market. | Kinesense Ltd; Overcast HQ Ltd; Trinity College Dublin | ICT | Dublin | €1.5m |
*The DTIF funding awarded is subject to verification checks as to the eligibility of the amounts claimed and the relevance of the costs to the terms of the Fund.