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NewsInnovation Alliance fund to include start-up costs

Innovation Alliance fund to include start-up costs

Innovation Alliance fund to include start-up costs

11.03.2010
Marking the first anniversary of the Innovation Alliance, Trinity College Dublin (TCD) and University College Dublin (UCD) have jointly announced a €2m fund for innovation bursaries, which incorporates start-up costs.

The Innovation Alliance set out to develop an innovation ecosystem for Ireland with higher education, enterprise and government driving economic recovery. The Provost of Trinity College, Dr John Hegarty and UCD President, Dr Hugh Brady, were subsequently both appointed as members of the Innovation Taskforce.

The Innovation Taskforce today (11 March) endorsed the Innovation Alliance model in the publication of its recommendations.

TCD will be promoting innovation and research on the theme of Sustainable Society in its suite of funded interdisciplinary PhD studentships and postdoctoral awards.

“Through these innovation bursaries it is intended to harness the wide ranging resources, skills and innovative ideas of researchers across all disciplines and from the arts and humanities and social sciences to engineering, mathematics and science to health sciences, and to engage with the sustainability of our society in innovative ways,”  explained TCD provost, Dr John Hegarty. 

“Intensive research initiatives such as these are essential in providing a pipeline of creativity and entrepreneurial activity for Ireland’s future as an innovation hub.”

UCD will shortly announce details of corresponding interdisciplinary PhD studentships and postdoctoral awards promoting innovation and research in priority research themes covering Earth Sciences, Energy and the Environment, Global Ireland, Health and Healthcare Delivery, and Information, Computation and Communications.

TCD and UCD have also launched the roll out of the graduate training programme of the Innovation Academy, the educational centerpiece of the alliance.

The mission of the Innovation Academy is to develop a new breed of creative graduate, with a thorough understanding of how innovation can convert knowledge, ideas and inventions into products, services and policies for economic and social benefit.

Photo: Dr John Hegarty and Dr Hugh Brady with the Taoiseach Brian Cowen TD and Tánaiste Mary Coughlan TD at the launch of the Innovation Alliance last year.

 

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