08/01/2009

Research Investment Fund Boosted

A €300 million research fund has been announced by the Government.

Minister for Education Batt O'Keeffe launched the latest phase of his Programme for Research in Third-Level Institutions, which will run over the five years of 2009 to 2013.

Funding will be allocated under a number of headings, including capital facilities such as state-of-the-art facilities for over 1,400 researchers in higher education institutions. The funds will also help to build national shared facilities in areas of strategic importance.

Making the announcement, Minister O'Keefe said: "This is crucial to achieving economic recovery and to laying the basis for our future prosperity."

Over €1.2 billion has been spent on the research investment in higher education institutions under the programme to date.

(DW)(BMcC)

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