The Minister for Agriculture, Food and the Marine, Michael Creed, has welcomed the announcement of over €5 million in funding for agri-food and marine projects under the Government's Disruptive Technologies Innovation Fund.
Agri-food and marine companies have worked in partnership with Ireland’s leading research performing organisations including Teagasc, the Marine Institute, the Universities, and the Higher Education Institutions, and will collectively receive the funding.
'A Huge Boost'
“This is a huge boost for the agri-food and marine sector and highlights the innovation potential that exists in our SME’s and research performing organisations, particularly when working together in close collaboration,” Minister Creed said.
“I would like to take this opportunity to congratulate the applicants on their success in what was a highly competitive funding call.”
Creed highlighted the encouraging levels of participation and success of rural-based SME’s under the Call.
“These industries are vital to the economic stability of the country as a whole and the opportunity for SME’s to collaborate with some of our leading academic institutions will be of enormous benefit in the safeguarding and future growth of the economy, jobs and rural communities,” he concluded.
© 2018 Checkout – your source for the latest Irish retail news. Article by Aidan O’Sullivan. Click subscribe to sign up for the Checkout print edition.