ICSTI Statement on Nanotechnology - Forfás
ICSTI Statement on Nanotechnology - Forfás
ICSTI Statement on Nanotechnology - Forfás
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60<br />
Higher Educati<strong>on</strong> Authority; through the Irish Research<br />
Council for Science, Engineering and Technology;<br />
Science Foundati<strong>on</strong> Ireland;<br />
Enterprise Ireland;<br />
European Uni<strong>on</strong>.<br />
The Irish Research Council for Science, Engineering and<br />
Technology has funded twenty-two nanotechnology or related<br />
projects and has allocated €1.97 milli<strong>on</strong>. Science Foundati<strong>on</strong><br />
Ireland has funded 15 nanotechnology or related projects and has<br />
allocated €45.86 milli<strong>on</strong>. Enterprise Ireland has funded forty<br />
nanotechnology or related projects and has allocated €6.47<br />
milli<strong>on</strong>. The European Uni<strong>on</strong> is currently funding sixteen<br />
nanotechnology or related projects and has allocated €7.21<br />
milli<strong>on</strong>.<br />
Another issue, which has arisen in the course of c<strong>on</strong>sultati<strong>on</strong>, is<br />
the lack of a mechanism by which the nanotechnology funding<br />
strategies of the above agencies can be co-ordinated.<br />
7.3 New Indigenous Companies<br />
It is known that there are a number of individuals, generally<br />
based in or associated with the leading nanotechnology groups<br />
referred to above, currently seeking funding to establish a<br />
nanotechnology start-up. It is a stated objective of Enterprise<br />
Ireland, and its growing number of associated investment funds,<br />
to support commercially viable high-potential technology start-ups.<br />
It could reas<strong>on</strong>ably be expected that <strong>on</strong>e new indigenous company<br />
will be spun-out of each of these groups between now and 2010.<br />
Already two indigenous nanotechnology companies, namely<br />
Deerac Fluidics and NTERA, have been spun-out of these groups.