John Halligan (Waterford, Independent) | Oireachtas source

Deputy Stephen Donnelly referred to finance for research and development. There is an ambitious target to get €1.25 billion in competitive funding from Horizon 2020. In 2015, Ireland won €251 million in competitive funding from Horizon 2020, including €52 million for SMEs. This performance was on track to achieve the Horizon 2020 target. It looks pretty good. Although I cannot commit to it, I think we will get close to achieving €1.25 billion, which would be an extraordinary achievement.