Stephen Donnelly (Wicklow, Fianna Fail) | Oireachtas source

Are there any EU prize funds? There are many ways it can be done, one of which is that we just do it ourselves. We can publicly fund universities, research centres or whatever, or create economic incentives for the private sector to do the kind of work we want it to do rather than it just chasing profit all the time, or both. Does the EU offer any such incentives?