Disruptive Technologies Innovation Fund (DTIF) - Call 2 is now live. The Disruptive Technologies Innovation Fund is a €500 million fund established under Project Ireland 2040 and is run by the Department of Business, Enterprise and Innovation with administrative support from Enterprise Ireland.
DTIF will drive collaboration between Ireland’s research base and industry in support of the development and adoption of new technologies and applications which will in turn help build new markets and strengthen the competitiveness of the enterprise sector. The Fund, which was announced as part of Project Ireland 2040, forms a key part of Future Jobs Ireland.
Disruptive technologies are taken to mean technologies that have the potential to significantly alter markets and their functioning and significantly alter the way that businesses operate. While they may involve new products or processes, they can also involve the emergence of new business models. DTIF is about investing in projects that develop and deploy disruptive technologies to deliver new solutions for the Irish economy – projects funded will help to create the jobs of the future.
DTIF projects are required to align with Ireland’s Research Priority areas. Themes under Research Prioritisation include Robotics, Artificial Intelligence, Augmented and Virtual Reality, Health and Wellbeing, Advanced and Smart Manufacturing and Smart and Sustainable Food Production and Processing.
In order to ensure that projects of scale and impact are funded, the Fund is available to applicants requesting funding of €1.5 million or more for projects of up to 3 years duration. Enterprise partners must provide matched funding. Prospective applicants should visit the Department of Business, Enterprise and Innovation website for information on the application process and details of an upcoming Information Session on 5 July 2019 at the University of Limerick