Written answers
Tuesday, 17 June 2008
Department of Enterprise, Trade and Employment
Intellectual Property Fund
11:00 pm
Leo Varadkar (Dublin West, Fine Gael)
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Question 513: To ask the Tánaiste and Minister for Enterprise, Trade and Employment the progress in expanding the intellectual property fund; the number of applications that have been received in 2007 and to date in 2008; and if she will make a statement on the matter. [23050/08]
Mary Coughlan (Donegal South West, Fianna Fail)
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Two schemes are administered by Enterprise Ireland under its Intellectual Property Fund, one for companies and the other for the Higher Education Sector. The Intellectual Property Assistance Scheme (companies) received 93 applications in 2007 and 36 to end May 2008. Enterprise Ireland is currently providing funding to 43 indigenous companies under the scheme. The Higher Education Sector Patent Fund received 201 applications in 2007 and 106 to end May 2008. Currently 317 patent programmes are receiving funding under this scheme.
Total expenditure under the Intellectual Property Fund in 2007 was €1.7 million, up from €1.2 million in 2006. Projected spend under the scheme in 2008 shows a further increase to €2 million.
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