Jun 15 2009
Science Foundation Ireland Research Commercialisation
Science Foundation Ireland has announced the creation of a new fund to commercialise existing research that it is funding. The fund is called the Technology and Innovation Development Award (TIDA), and you can read more about it in Technology and Innovation Development Award (TIDA).
The maximum grant size is 100,000€ over 12 months. I think that is a really significant amount, and it should be enough to determine if existing research has commercial potential.
I am actually surprised that Science Foundation Ireland is doing this, because I thought that commercialisation was under the remit of Enterprise Ireland.
June 16th, 2009 at 10:31
The difference between this award and those funded by EI is that, SFI is funding SFI scientists that have a potential commercial aspect to their research, to explore this potential or develop it to a level that will lead to an EI proof of concept award. Also, this award allows collaboration with Industry partners.