Ireland is one of the leading Research, Development and Innovation (RDI) locations in the world. It offers the ideal commercial, political and social environment for companies to carry out successful and profitable RDI activities. This has attracted global leaders in key high-tech industries to undertake RDI projects in areas such as Pharmaceuticals, Bio Technology, Medical Devices, ICT and Financial Services.
An exceptional level of collaboration between industry, academia, state agencies and regulatory authorities drives Ireland’s dynamic RDI sector. This is supported by a highly pro-business government policy.
A world-class research system, designed to work with and for the benefit of industry, is being further developed thanks to an unprecedented investment of €8.2 billion under the Irish government’s strategy for Science Technology and Innovation.
Ireland offers a strong and growing RDI environment, complemented by a robust Intellectual Property (IP) regime. A young, skilled and well-educated workforce, with strong technological and business skills, and a low corporate tax rate, further strengthens this environment.
Ireland is increasingly seen as the place to undertake substantial R&D activity and is ranked as 8th most innovative EU country. In 2016 IDA clients spent €1.5bn on in-house R&D annually and employ 14,000 R&D staff.
IDA Ireland plays a leading role in RDI development by providing funding support for suitable projects. It also identifies support opportunities from partner organisations, such as Enterprise Ireland, Science Foundation Ireland and Sustainable Energy Authority Ireland.
In addition to RDI funding, IDA Ireland has a number of direct support mechanisms, including employment and training grants. It also works closely with companies to ensure they have the facilities, resources and supports needed to establish and expand their RDI operations.
IDA Ireland has an extensive programme of grant aid for RDI projects. This includes a 25% R&D tax credit designed to encourage companies to undertake new or additional RDI activity in Ireland. Contact IDA Ireland for a comprehensive list of other supports and aid available to companies.
Multiple research centres are located throughout Ireland focusing on RDI projects for specific key industry sectors. These range from ICT to Nanotechnology and Marine Science. They include:
ADAPT - Centre for Digital Content Platform Research
AMBER - Advanced Materials and Bio-Engineering Research
APC - Alimentary Pharmabiotic Centre
Tyndall National Institute
Telecommunications Software and Systems Group
CúRAM - Centre for Research in Medical Devices
iCrag - Irish Centre for Research in Applied Geosciences
INFANT-Irish Centre for Fetal and Neonatal Translational Research
INSIGHT - Irelands Big Data and Analytics Research Centre
I-PIC - Irish Photonic Integration Research Centre
LERO - The Irish Software Research Centre
MaREI - Marine Renewable Energy Ireland (MaREI) - The SFI Centre for Marine Renewable Energy Research
SSPC - Synthesis & Solid State Pharmaceutical Cluster
Explore the current business landscape in Ireland and see what's happening on the ground now.
5-day trade visit aims to position Ireland as a post Brexit solution for Asian Companies
Global leader in innovative fastening technologies and solutions, PennEngineering®, has increased its presence in Ireland with the development of a new, 80,000² ft. facility located in Galway on the west coast. The development highlights PennEngineering’s commitment to its European customers and expanding its production capabilities.
NEW YORK and DUBLIN (September 20, 2017) – Kroll Bond Rating Agency (KBRA) announced today its expansion into Europe with the opening of its European Headquarters in Dublin. The move is expected to create 100 new jobs over the next three years.
Dublin, 19th September 2017 – An Taoiseach Leo Varadkar and Tánaiste Frances Fitzgerald, along with IDA Ireland today welcomed the announcement by XL Group that it has selected Dublin as its preferred location for its principal European Union (“EU”) insurance company, XL Insurance Company SE (“XLICSE”), subject to certain regulatory approvals, following the UK’s decision to depart from the EU.
An Taoiseach Leo Varadkar and Tánaiste Frances Fitzgerald officially opened LinkedIn’s new
17,650 sq m Europe, Middle East and Africa (EMEA) HQ at Wilton Place in Dublin today. The new building is the first that LinkedIn has built outside the USA, and is the result of an €85 million investment. The development was undertaken in order to meet the needs of LinkedIn’s growing workforce in Ireland, which has increased from three employees to 1,200 in just seven years.
Ireland’s most unique sci-tech conference will be back with a bang in June 2018, and now you can be one of the first to book your place there.
From its base in Dublin, Cubic Telecom is becoming a global player on the IoT and M2M front with the closing of a new round of funding worth €40m.
With antibiotic resistance on the rise, a team of researchers has drawn up the blueprint for drugs that could deliver a killer punch to bacteria.
A key element in understanding how human lungs fight TB has been unlocked, which could be crucial with the onset of an antibiotic resistance.
The new co-directors of SSPC hail from the fields of crystal engineering and pharmaceutical powder engineering.
A team of researchers has created autonomous vehicles on the microscale, not for the benefit of driving, but for future drug delivery.
As we drive down the road of autonomous car development, Wendy Belluomini of IBM Research thinks the biggest speed bump will be regulation.
The medtech industry in Ireland is going strong, with an estimated 39,000 people set to be working in the field by 2020.
Today An Tánaiste and Minister for Business, Enterprise and Innovation Frances Fitzgerald TD joined Bill Graebel, CEO of Graebel Companies Inc., to announce the official opening of the company’s newly established Europe Middle East and Africa (EMEA) Financial Shared Services and Operations Centre in Dundalk and the creation of 125 new jobs within the next three years. Recruitment is already underway.
Center Parcs was delighted that An Taoiseach Leo Varadkar TD was today able to join Martin Dalby, CEO of Center Parcs to attend the Official Sod Turning Ceremony marking the start of construction work on the €233 million development at Center Parcs Longford Forest, Ballymahon, County Longford. The milestone occasion was celebrated with local community, as well as representatives from both local and national government.
New office building will help facilitate IDA job creation and FDI in Galway region
Following a meeting between Taoiseach Leo Varadkar and senior bank executives in Toronto yesterday, TD Securities confirmed that it will be expanding its operations in Ireland and, subject to regulatory approval, plans to establish a bond trading business there. The Dublin expansion is part of its growth strategy in Europe and will afford TD Securities the flexibility to meet the evolving needs of clients and respond to the changing business environment as a result of Brexit.
Bausch + Lomb, a leading global eye health company, today announced that Taoiseach Leo Varadkar TD and Tánaiste Frances Fitzgerald TD, Minister for Business, Enterprise and Innovation, officially opened a €85 million extension at the company’s Waterford, Ireland facility to help meet the consumer demand of its contact lens portfolio, specifically Biotrue® ONEday daily disposable contact lenses.
Synexa Life Sciences, a global leader in biomarker services, has announced the opening of its international headquarters in Dublin. The new centre will be home to Synexa’s global business development activities and a new Bioinformatics Lab, and is expected to create up to 30 highly skilled jobs over the next five years.
IDA Ireland has today confirmed significant investments in the financial services sector in the first half of 2017. Over 15 global financial institutions have announced their intentions to set up or expand their operations in Ireland since January.
Limerick Institute of Technology has received planning permission to construct a major new campus at Coonagh.
Dublin mobile tech firm close to clinching new investment and creating more jobs
Shanbally, Co. Cork, 27th July, 2017 - Simon Coveney TD, Minister for Foreign Affairs and Trade, today officially opened a new expansion at BioMarin Pharmaceutical Inc. in Shanbally, Co Cork. BioMarin has recently extended its site footprint to 20 acres as the company continues to experience a rise in the global demand for its therapies to treat rare genetic diseases that mostly affect children.
IDA Ireland today welcomes Bank of America confirmation that it has chosen Dublin as the preferred location for its principal EU legal entities following the UK’s departure from the EU.
Ireland cannot be complacent when it comes to Brexit, warns IDA’s Martin Shanahan.
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