Enterprise Ireland works with Irish Third Level innovators every day and fully understands the challenges of Commercialising new ideas.
Our Commercialisation Specialists work in collaboration with the Technology Transfer Offices and relevant research teams to validate potential opportunities, craft robust applications, put the right project plans in place and provide relevant networking supports through industry engagement.
Over the last decade, Enterprise Ireland’s Commercialisation Fund has been supporting third level researchers through both financial and soft supports, to translate their research into innovative and commercially viable products, services and companies. Operating throughout the Higher Education Institutions and non-profit Research Performing Organisations in Ireland, this state funded research has the potential to result in the commercialisation of new innovations by way of new company creation to help Ireland grow and scale, and compete in international markets or by way of license where the license of that technology to companies in Ireland would improve the competitiveness of Irish Industry.
AudioSourceRE is a recent spin-out from Cork institute of Technology with innovative audio separation technology. Read more here
Senoptica Technologies has innovative technology that identifies the gas content of modified atmosphere packaging. Read more here.
Cala Medical is a spin-out from the University of Limerick with a ground-breaking treatment for sepsis. Read more here.
Researchers in Enterprise Ireland’s Medical & Engineering Technology Gateway in Galway-Mayo Institute of Technology are developing a novel device for treating heart failure. Read more here.
Commercialisation Fund Programme
- Commercialisation Fund Feasibility Grant - We are currently operating an open call for feasibility applications so you can submit an application at any time.
- Commercialisation Fund Award - Call for Proposals is now open and will close for Applicants at 3pm on Friday 10th February, 2023.
- Enterprise Ireland also facilitates invited proposals, outside of the open call deadlines. Invited proposals are those where a credible commercial case for the technology or innovation has been well validated through interaction with the Technology Transfer Office and the Commercialisation Specialist.
- Invited proposals can also include resubmissions from a previous call where the proposals have been strengthened based on the panel comments and the Director is satisfied to invite the proposal for submission.
Benefits of the Fund
|With the support of a dedicated Commercialisation Specialist at each stage of the journey you and your team can realise the commercial potential of your ideas and develop a commercially focused project plan.|
|Team Formation: Researchers can access the right blend of skillsets and knowledge necessary to form the basis of a strong co-founding team.|
|Market validation: Through regular industry engagement researchers can refine the value proposition in line with market insight and identify and validate the potential customer base. Enterprise Ireland clients have access to a range of market research reports through our Market Research Centre.|
|Commercial Engagement: Enterprise Ireland's Business Partner Programme gives you and your team the opportunity to engage with industry professionals who have the commercial expertise necessary to grow and lead new companies. Access industry networks through our Mentor Programme who have the start-up experience & skills to act as a sounding board for company establishment.|
|Personal Development: Develop new skills whilst attaining personal satisfaction and growth. Expand your career opportunities beyond research/academia. Read some of our case studies below.|
For general enquiries, please contact:
Commercialisation Fund Programme Manager
For more information on programmes and supports for commercialisation of college-based research, go to the Researchers section of the website.
European Regional Development Fund (ERDF)