Louise O'Reilly (Dublin Fingal, Sinn Fein)
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84. To ask the Minister for Enterprise, Trade and Employment if property technology companies can access the disruptive technology fund; if so, if he will initiate a specific funding call for property technology; and if he will make a statement on the matter. [25160/23]

Simon Coveney (Cork South Central, Fine Gael)
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The Disruptive Technologies Innovation Fund (DTIF) was established in 2018 to encourage collaboration in the development and deployment of disruptive innovative technologies, on a commercial basis, targeted at tackling national and global challenges. It is managed by my Department and administered by Enterprise Ireland.

DTIF focuses on the ability of Irish enterprises to drive disruptive innovation through collaboration on industrial research with other enterprises and research institutions. The Fund is open to consortiums working together on projects that have the potential to significantly alter markets or the way businesses operate. It encourages private co-investment by lowering the risk profile associated with investment in high-risk, high-reward innovations.

All sectors of the economy, including the construction sector are eligible to apply for funding from the DTIF. Projects submitted to the Fund are required to be within the Research Priority Areas 2018-2023 namely, Health & Wellbeing, ICT, Energy, Climate Action & Sustainability, Food, Manufacturing & Materials and Innovation Service & Business Processes. Project partners must be a current client of Enterprise Ireland, IDA Ireland or Údarás na Gaeltachta or an eligible Research Performing Organisation to qualify for funding under the DTIF.

The operation of the DTIF is kept under constant review by my officials including considerations around the configuration of future Calls. I would note that Call 6 of the DTIF, a general Call, is currently open for project applications until 3pm on 31 May 2023.