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Irish researchers capture €127m of Horizon 2020 — exceed target by 27pc

Irish researchers and companies have captured €127m worth of R&D funding in the first year of Horizon 2020, exceeding the national target for 2014 by 27pc.

With a budget of nearly €80bn, Horizon 2020 will run over seven years from 2014 to 2020.

“85pc of funding won in 2014 came from ICT, research grants from the European Research Council (ERC) and training grants for researchers (Marie Skodowska-Curie Actions); advanced materials; advanced manufacturing, and processing, biotechnology and agrifood,” the Minister for Skills, Research and Innovation Damien English TD said.

Irish businesses achieved more than €35m of the total won in 2014, out of which three-quarters went to SMEs.

The Minister continued: “I welcome this financial success but I am also equally conscious of the importance of Irish researchers and companies participating in the Horizon 2020 programme so that they get to collaborate and innovate with the best and brightest that Europe has to offer, therefore resulting in further excellence in our national system.”

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