Oireachtas Joint and Select Committees

Tuesday, 3 December 2013

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Science Foundation Ireland: Discussion with Chairperson Designate

2:35 pm

Mr. Donal Keane:

To clarify, the €1 billion to which the Deputy referred - it might even be €1.25 billion if the newspapers last weekend are correct - is a national target and not destined in its entirety for SFI. We are hoping to get in the region of €150 million to €200 million of that funding. It is a developing process and I understand a group has been established under Enterprise Ireland that will see all the agencies coming together with that target in mind. We will have a significant subset of the funding.