Enterprise Ireland ‘Innovation Partnership Programme’

Contact person 
Terry O'Brien
Institution 
South-East Regional Authority (SERA)
E-mail 
terry.obrien@southtippcoco.ie
Country 
Ireland
Do you want to share an instrument/policy or a knowledge Transfer practice? 
Innovation instrument(policy)
What are the following keywords/priorities which better fit the instrument/policy?  
R&D cooperation (joint projects, PPP with research institutes)
Indicate the country from which the instrument (or policy) is 
Ireland
What is the title/name of the instrument/policy? 
Enterprise Ireland ‘Innovation Partnership Programme’
Indicate the target group/beneficiaries of the instrument/policy 
All companies
Higher education institutions (education function)
Higher educations institutions research units/centres
New technology based firms/new knowledge intensive service firms
SMEs only
What is the aim/objective? 
The Innovation Partnership Programme encourages Irish-based companies to work with Irish research institutes (HEIs, universities, institutes of technology) resulting in mutually beneficial co-operation and interaction. Companies can access expertise and resources to develop new and improved products, processes, services, and generate new knowledge and know-how. The participating company benefits in terms of its growth, the evolution of its strategic research and development and the creation of new knowledge that it can use to generate commercial advantage. The research institute benefits in terms of developing skill sets, intellectual property and publications.
Give an overview of the instrument 
Overview The Innovation Partnership Programme can help you to take your business to the next level. Enterprise Ireland can help your company to access the latest skills and expertise from research institutes throughout Ireland. The Innovation Partnership Programme can provide up to 80% of the cost of research work to develop new and improved products, processes or services, or generate new knowledge and know-how. In an independent survey of companies that participated in the Innovation Partnership Programme: 96% of respondents would be willing to recommend the Programme to other businesses. 71% of participant companies surveyed said that their objectives were largely or fully achieved. Each €1 of funding invested by Enterprise Ireland in Innovation Partnerships delivered €7.71 Net Turnover Impact at the company side.
What is the date of creation of this instrument? 
Monday, January 1, 2007
Is the instrument/policy still active? 
Active
Identify the main outputs/results (quantitative and qualitative) of the implementation of this instrument 
Innovation partnerships - in 2011, WIT secured 3 innovation partnerships Specific solutions - A means in which industry can access knowledge/expertise based at universities for specific development on a business based problem. Each €1 of funding invested by Enterprise Ireland in Innovation Partnerships delivered €7.71 Net Turnover Impact at the company side.
What is the co-financing/maximum rate allowed by the instrument/policy (if appl.)? 
Enterprise Ireland Innovation Partnership Programme provides grants of up to 80% towards eligible costs of the research project, the later 20% made up from the company. Funding from Enterprise Ireland will normally not exceed €200,000 per partnership.
Is this instrument/policy linked to a KT practice? 
No