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.