Added by Connor Friesen

By MAIRE GEOGHEGAN-QUINN

IN JULY, I will be announcing the last call for proposals worth ?8 billion under the 7th EU Research and Technological Framework Programme 2007-2013: more commonly known by the acronym FP7. This is the largest publicly funded research programme in the world.

It financially supports research activities in a range of economic sectors, for example, in the fields of information and communications technology, energy, health, transport, agriculture and food, environmental services, advanced materials, industrial initiatives, nano-technology, bio-technology, security and space.

Organisations from the academic, public, private and research communities can participate in FP7 projects. Irish participants have drawn down ?384 million under FP7 to date. While third-level colleges are the largest beneficiaries of this EU research funding, private sector companies in Ireland have secured ?96 million. So far, 200 small and medium-sized Irish companies have accounted for 75 per cent of all participants from Irish businesses that have successfully secured financial backing under FP7.

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