Innovation Partnerships

The Innovation Partnership Programme is a hugely impactful venture which encourages Irish-based companies to work with Irish research institutes for mutually beneficial engagement, creating an innovative ecosystem that delivers impactful change. 

SETU Innovation partnerships uses

• Allows a company to access expertise and resources to undertake research towards the development of new and improved products, processes, services, and generate new knowledge and know-how. 
• A company benefits in terms of its growth, the evolution of its strategic research and development and the creation of new knowledge that it can use to generate commercial advantage.
• SETU benefits in terms of developing skill sets, intellectual property and publications.

How Innovation partnerships work

• The partnership allows up to 80% of the cost of research work towards the development of new and improved products, processes or services, or the generation of new knowledge and know-how.
• However, funding from Enterprise Ireland will normally not exceed €200,000 limit (Exceptions to this limit may be made on a case-by-case basis).
• Up to 100% capital funding may be available if completion of a partnership project requires the purchase of a large item of capital equipment.
• Approval is subject to conditions.