Naoise Ó Muirí (Dublin Bay North, Fine Gael)
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74. To ask the Minister for Enterprise, Trade and Employment the amount of funding and the number of projects supported since the launch of the disruptive technologies innovation fund; and if he will make a statement on the matter. [21202/25]

Peter Burke (Longford-Westmeath, Fine Gael)
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The Disruptive Technologies Innovation Fund (DTIF) is a €500 million challenge-based Fund established under Project Ireland 2040. It is managed by my Department and administered by Enterprise Ireland.

The Fund seeks to invest in the development and deployment of disruptive technologies and applications on a commercial basis, drive collaboration between Ireland’s world-class research base and industry, facilitate enterprises to compete directly for funding in support of the development and adoption of these technologies and seed a new wave of start-ups.

The Fund is for clients of Enterprise Ireland, Údarás na Gaeltachta, IDA Ireland and research performing organisations in the State that are collaborating on industrial research and-or experimental development in highly innovative projects that address one of the six National Research Priority Areas: ICT; Health and Wellbeing; Food; Energy, Climate action and Sustainability; Manufacturing and Materials; and Services and Business Processes.

Across the seven DTIF Calls to date, over €393 million in funding has been awarded to 107 projects.

Under the Programme for Government, there is a commitment to launch additional DTIF Calls, underscoring the Government's ongoing dedication to advancing transformative technologies, fostering innovation and driving economic growth.