The Government will spend €245 million on five new world-class Science Foundation Ireland (SFI) research centres in Ireland. The move is aimed at enhancing research in critical and emerging areas of the economy including applied geosciences, software and medical devices.
€155 million of the funding will come from the Department of Jobs, while industry partners such as Google, Microsoft, Tullow Oil, and FBD will stump up €90 million in cash and in-kind payments. That funding will support 700 new and existing research roles.
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