2013 saw a marked increase in the level of engagement between companies and all Irish publicly-funded research performing organisations (RPOs), including universities and the institutes of technology, according to Knowledge Transfer Ireland. The first KTI annual report published on the23 October 2014 shows a 15% increase in the number of external clients that engaged with research performing organisations in 2013, resulting in 1,598 engagement agreements, up 9% on the previous year.
Minister for Jobs, Enterprise and Innovation, Richard Bruton TD, and Minister for Skills, Research and Innovation Damien English TD today announced Government and industry funding of €245 million for the establishment of five new world-class SFI Research Centres in Ireland. The funding of €155 million from the Department of Jobs will be delivered through Science Foundation Ireland's (SFI) Research Centres Programme, coupled with €90 million in cash and in-kind contributions from industry partners. The funding will support cutting-edge research in critical and emerging sectors of the economy which are key for job creation in Ireland. The funding will be provided over the next six years, 2014-2020.
Engineers at Trinity College Dublin have been chosen to lead a third EU consortium which will significantly reduce the noise pollution of a novel plane design which is currently being developed in Europe. This third project, âARTICâ, worth â¬1.4 million, is a collaborative project, which will develop a novel, quieter landing gear system for the next generation âgreenerâ aircraft. âARTICâ will see the engineers work with EU industry partners, such as aircraft manufacturer Alenia Aermacchi, SMEâs and researchers from other EU institutes and universities as they seek to minimise a significant and growing source of noise pollution in the modern world.
Today 15th September, the SmartAgriFood accelerator officially launched a Ã¢ÂÂ¬4 million open call for SMEs and web-entrepreneurs to develop a new generation of smart agriculture applications and services building on FIWARE technology. These new ICT products will be designed for use by farmers and food producers to help them increase productivity while minimising their environmental footprint. Intelligent machines, sensor networks, and smart ICT are important ingredients for the future of farming!
One of the hardest parts about becoming an entrepreneur or small business owner is figuring out how to manage finances. We've written before about how to actually finance your business, which involves managing equity, accumulating debts and loans, etc. All of this is meant for when the business is just getting started, and any cash flow is directed into making it happen. But what happens when a business is actually off the ground and begins to profit?