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. The Innovation 2020 strategy on R&D, science and technology aims for Ireland to become a Global Innovation Leader.
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 11th in global scientific ranking for overall quality of scientific research, an impressive upward trajectory from a position of 48th just 13 years ago.
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
CONFIRM SMART MANUFACTURING
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
Telecommunications Software and Systems Group
Tyndall National Institute
Explore the current business landscape in Ireland and see what's happening on the ground now.
New York, Limerick, 17 January 2020: AxiomSL, the industry’s leading provider of regulatory reporting and risk management solutions, today announces the opening of a business operations centre in Limerick, Ireland, creating as many as 100 jobs over the next five years. The office will be located in the National Technology Park in Plassey. The project is supported by the Irish Government through IDA Ireland – the agency responsible for the attraction and retention of inward foreign direct investment into Ireland.
Conor McGinn named in Innovators Under 35 Europe list
The list recognises entrepreneurs from different countries who are developing new technologies to help solve the problems that affect modern society. McGinn and his team developed Stevie, a socially assistive robot.
Companies across a diverse range of industries are using artificial intelligence to streamline data management and analytics, gain a competitive edge and find new ways to drive growth. As more companies look to capitalize on AI technologies for their data-driven decision making, there’s a demand by businesses to find ways to avail themselves of AI quickly and cost effectively. AI is starting to emerge as a service, and I see 2020 being the year that AI as a Service (AIaaS) explodes onto the market.
Minister for Business, Enterprise and Innovation, Heather Humphreys and IDA Ireland, the Irish Government agency responsible for attracting foreign direct investment (FDI) to Ireland, today announced that employment levels in its client companies have now reached 245,096 - the highest ever number employed in the multinational sector, exceeding targets set by Government contained in IDA Ireland’s Strategy – Winning: Foreign Direct Investment 2015-2019.
Minister for Business Enterprise & Innovation Heather Humphreys TD today turned the sod on a new IDA Ireland Advance Technology Building (ATB) in Monaghan.
The new c.1329m2 building, which will be constructed at the IDA Business & Technology Park, Monaghan will comprise 910 m2 (c.9,800 sq. ft.) of high tech manufacturing space with ancillary office space over two floors.
6th December 2019, CORK - Horizon8, an innovative, technology solutions company today opens its European headquarters in Cork, Ireland. Formerly called HengTian, the Company was created in 2004 as a strategic partnership between Boston based State Street, and Hangzhou based Insigma Technology and Zhejiang University. The new office in Cork will mark the first European office for Horizon8 adding to the company’s North American presence in Boston.
Servier, an independent international pharmaceutical company, today celebrated its 30th anniversary of manufacturing at its Arklow site, with the support of Ireland's inward investment promotion agency, the IDA, a non-commercial, semi-state body promoting foreign direct investment into Ireland through a wide range of services. The celebration was led by Minister for Health Simon Harris, Ambassador of France in Ireland, H.E. Stéphane Crouzat, and senior leaders from the Servier Group and IDA Ireland.
28 Irish researchers among world’s elite scientists
A number of Ireland-based researchers can consider themselves the cream of the crop in 2019 following the publication of this year’s Web of Science Group list of 6,216 highly cited researchers from 60 different nations.
Nearly two in five Irish adults (39 percent) haven’t updated their main password in the last 12 months, according to new research.
The research, published today by OneLogin, a global leader in identity and access management, finds that 20% of Irish adults haven’t updated their passwords in over two years and a further five percent can’t recall the last time they updated their passwords.
Limerick, November 25th, 2019 – FundRock Management Company S.A. today celebrated the official opening of its office in Limerick. This office serves as an operational centre of excellence which complements the FundRock Group.
Minister for Business, Enterprise & Innovation Heather Humphreys TD today confirmed that WuXi Vaccines, a subsidiary of WuXi Biologics (stock code: 2269.HK), is planning to build a $240 million vaccine production facility on the newly established WuXi Biologics Campus in Dundalk, bringing 200 additional new jobs to the town over five years. The new investment, for which a planning application was submitted to Louth County Council last month is being supported by the Irish Government through IDA Ireland will bring total employment on WuXi Biologics’ Dundalk Campus to 600 by 2024.
ARTeSYN Biosolutions, the manufacturer of single-use solutions for biopharma processing, is to significantly expand its Waterford operations by adding 50 new roles in Production, Engineering, Customer Service and Research & Development over the next 3 years at its facilities in the Six Cross Roads Business Park, Waterford. The expansion of the site increases the company’s consumables and overall production capacity by an additional 2200 ft².
In a recent report published by Accenture, entitled Does Digital leadership in Banking really matter?, links were established between the digital maturity of a bank and its market valuation. The essence of the argument is that banks who successfully digitalise their data enjoy greater efficiencies that lead to lower costs as a percentage of revenue, which leads to a higher market valuation. Increasingly, banks and other financial services firms are turning to blockchain technology as a means of storing and transferring data in order to increase transparency, lower costs and accelerate the speed at which it is transferred.
Travelport, a leading technology company serving the travel and tourism industry, has announced a further investment in its Dublin operations through the creation of an inside sales centre.
Could this new Irish material help solve a global water crisis? Researchers at the University of Limerick have revealed a revolutionary material that could help give fresh water to millions.
Panasonic Avionics Corporation (Panasonic) today announced the establishment of a Repair Shop in Dundalk, Co. Louth. The investment is supported by the Irish Government through IDA Ireland.
Panasonic Avionics Corporation supplies and services in-flight entertainment and communications (IFEC) systems. The company’s customer base includes more than 300 airlines located across the globe.
A key business unit within Panasonic, Panasonic Technical Services (PTS), provides Repair, Line Maintenance for Aircraft, Spares Parts Supply and Technical Services that include Training & Technical Publications and Technical Support at over 70 permanent locations across the world.
PTS’s customized support programs are designed to ensure equipment serviceability at the lowest possible through-life cost.
Huawei Ireland has today opened a new state-of-the-art Dublin office and announced the creation of 100 jobs over the next three years as the company continues to grow in Ireland. Recruitment is underway for the first phase of the jobs and 30 of these positions are expected to be filled within the next year.
PublicRelay, a leading US media monitoring and analytics firm, announced today plans to establish a new office in Cavan, creating 20 new jobs over the next two years. Cavan was selected as the location for a second office in Ireland based on the strong pool of educated talent available in the region and the innovative nature of Cavan’s newly opened Digital Hub where the company initially will be based. PublicRelay Ireland, Ltd. is currently looking to hire its initial team of associate analysts and a manager to begin work before the end of this year.
EJ, a 5th generation family-owned company headquartered in Michigan, USA, today celebrated the official opening of its new production facility in Birr, Co. Offaly. The company has operated this world class facility on its 2-hectare site in Birr since June of last year.
Patreon, the membership and payment platform for independent artists and their fans, today announced that it is expanding its international footprint with the addition of an office in Dublin, Ireland. The new Dublin office will serve as the company’s European headquarters.
Mission is an opportunity for IDA to promote Ireland as a Gateway to Europe for Japanese investors
As Brexit approaches, uncertainty continues to surround the potential exit of the United Kingdom from the European Union. While there are far reaching implications, taxes and trading systems are just two considerations that will impact American chip and system engineers and their employers. The situation is complex and becomes more challenging as each day passes. Strong trade bonds tie Europe and the US - data from the Office of the U.S. Trade Representative shows that the EU/US bilateral trade flow is the biggest in the world, far bigger than that between the US and China. In 2018, the U.S. imported $683.9 billion of EU goods compared with $557.9 imported from China. U.S. exports reached $574.5 billion to Europe while only $179.2 billion was imported to China. Trade with the UK is significant, the U.S. accounted for 19% of U.K. exports and 11% of imports.
E-commerce and technology leader Overstock.com, Inc. (NASDAQ:OSTK) has opened its new European base in the IDA’s flagship North West business park in Sligo, and revealed it is on track to make its 100th Irish hire before year end.
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