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Clare TD announces €1m Enterprise Fund

pat-breen-1Minister for Employment and Small Business, Pat Breen today announced a €1m Enterprise Ireland fund to drive collaborative projects with public sector bodies to find solutions to specific public sector challenges and needs.

Breen made the announcement at the first Small Business Innovation Research (SBIR) Ireland Proposers Conference attended by Specifiers/Procurers from government departments and public bodies and a Call for Expressions of Interest from Public Bodies has opened. The SBIR process facilitates competitions enabling public sector bodies to connect with innovation-led businesses to work on innovative ideas which tackle challenges facing the public sector leading to better public services and improved effectiveness and value for money.

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Speaking at the conference, the Clare Fine Gael TD said: “The process is about identifying specific challenges for which no real solution exists and exploring the possibilities in a way that is rapid, simple and transparent. I am particularly pleased that the SBIR is particularly suited to small and medium sized businesses and I welcome the further opportunities this initiative may open up for this sector”.

Enterprise Ireland has successfully managed three pilot SBIR projects since the launch of SBIR Ireland in July 2014, including a project with Dublin City Council to find low cost, smart solutions to increase the number of people cycling in the city.

Julie Sinnamon, CEO, Enterprise Ireland said: “In Enterprise Ireland our focus is on helping businesses to start, innovate and scale. Recent SBIR projects have involved collaborations with start-ups and innovation led businesses, providing funding for innovative new ideas that, as well as creating jobs, will ultimately improve and enhance quality of life for people”.

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