Invent’s role is to add value to promising research by fostering links between DCU’s technologies and the financial and entrepreneurial resources of industry and business.
We are keen to engage with industry to:
The following are a variety of mechanisms and funding schemes available to facilitate industrial collaboration:
Innovation Partnership Initiative (Enterprise Ireland)
This initiative offers financial support to companies who engage in collaborative research projects with Irish universities and institutes of technology.
Enterprise Ireland provides grants of up to 80% towards eligible costs of the research project.
Campus-Industry Partnerships - Strategic Research Clusters (SFI)
These SRC partnerships helps link scientists and engineers across academia and industry to address crucial research questions, foster the development of new and existing Irish-based technology companies, and grow relationships with industry that could make an important contribution to Ireland and its economy. These clusters may be eligible for funding up to €5M in total over a 5 year period. In general, SFI may contribute 75% of the costs with the balance coming from the industrial partners which may be direct sponsorship of SRC activities, or in-kind contributions such as personnel, equipment, samples, devices, infrastructure, or valuable intellectual capital.
Campus-Industry Partnerships - CSETs (SFI)
These CSETs are significantly larger scale academic-industrial partnerships which link scientists and engineers across academia and industry to address crucial research questions, foster the development of new and existing Irish-based technology companies, and grow relationships with industry that could make an important contribution to Ireland and its economy. These clusters may be eligible for funding up to €15-20M in total over a 5 year period. Once again, SFI may contribute 75% of the costs with the balance coming from the industrial partners which may be direct sponsorship of SRC activities, or in-kind contributions such as personnel, equipment, samples, devices, infrastructure, or valuable intellectual capital.
The Invent team works closely with DCU’s Office of the Vice President for Research, Science Foundation Ireland and Enterprise Ireland to promote successful commercialisation of DCU research and to encourage and establish R&D links with industry through such funding schemes as outlined above.