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Tyndall allocated €1m additional Funding in Budget 2019

Posted on: 10 Oct 2018

Tyndall allocated €1m additional Funding in Budget 2019

Tyndall's expansion has been identified as a priority project for Government under the Project Ireland 2040 'Disruptive Technology Innovation Fund' (DTIF); with the institute being allocated €1m additional funding in the budget published this week, on Wednesday, 10 October. 

Prof. William Scanlon, Chief Executive Officer, Tyndall, welcomed the announcement: "This increase in funding recognises the significant advances Tyndall has made in disruptive technologies; and over the coming years we will continue to collaborate with key stakeholders to help position Ireland as a global ICT innovation leader of the future".

Tyndall National Institute currently leverages its 2018 DBEI core funding of €4.5m to achieve a total income of close to €40m. In the context of the Project Ireland 2040, the government's aim is to grow Tyndall so that it is positioned as an international leader of scale in translational research, playing a key role in the further development of ICT innovation in Ireland.