20130522 EI Innovation Partnership Programme - Overviewm, Declan McGee
The Innovation Partnership Programme supports
the company through funding towards the cost of
accessing top Irish Academic Institutes to do R&D
work relevant to the company.
A company that has identified a commercial
opportunity for an innovative product, process or
service that it needs to develop.
(clients of EI, IDA, CEB,Udaras)
That company does not have the relevant
resources in terms of skills, experience,
headcount or revenue to manage the R&D
WHO USES IT?
A Company based in Ireland . . .
…. that has challenges to meet, problems to solve or is targeting new or
improved products, processes, services, knowledge or know-how…
…can access expertise from research
teams in institutes across Ireland…
…and up to 80% of the research
costs can be paid for by the …
Every company partner will be expected to pay 20% of the project costs in cash
Type of Research Small
and/or Balance Sheet
If a company is part of a group the employee, turnover,
annual balance sheet and ownership limits
apply to the group.
Innovation Partnership Process
100% EI Funded
Not a ‘Bigger Voucher’!
2 weeks to 6 months
Map IP Landscape
71% of participant companies surveyed said that
their objectives were largely or fully achieved
2/3 of clients transformed their marketing
plans after completing their projects
96% of respondents would be willing to
recommend the Programme to other businesses
Each €1 of funding invested by EI delivered
€7.71 Net Turnover Impact at company side
Source: Independent Evaluation by Frontline Consultants (UK)