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Time has come to apply for the third round of the Disruptive Technologies Innovation Fund (DTIF). Don’t miss out.
The Tánaiste and Minister for Enterprise, Trade, and Employment Leo Varadkar, and the Department of Business, Enterprise and Innovation (DBEI) has now opened applications for the third call of the Disruptive Technologies Innovation Fund (DTIF). The €500m fund has already allocated funding of €140m to 43 ground-breaking projects in two earlier rounds of funding.
These projects covered technologies such as medical devices, cell and gene therapies, quantum computing and artificial intelligence.
The deadline for applications is the 17th December 2020, 3pm Irish Time so don’t hang around!
The third call for DTIF funding is about collaborations that demonstrate disruptive technology innovation. These collaborations must be powerful enough to change the way a sector operates, alter markets and bring about new products and business models.
Funding applications for this third round must relate to the Research Priority Areas 2018-2023. Particular interest is given to larger projects boasting a strong enterprise agenda, and that bring positive economic effects to the Irish economy in the medium and long term. Ideally, products must be innovative and enterprise-driven with robust R&D themes. Commercial impacts should be seen within 3 to 7 years of the project being completed.
We recommend you thoroughly go through all the rules of eligibility before making your application (get in touch with us and we’ll go through this with you). Notably, applicants should look closely at the type of collaborations appropriate to DTIF round 3. They should have:
Enterprises can claim a maximum of 50% of their qualifying costs, however Research Performing Organisations (RPOs) can receive as much as 100% of costs. However, RPOs cannot receive more than 50% of the entire DTIF grant aid to the project in any collaboration, for example RPO funding must not exceed the qualifying funding awarded to the enterprise partners.
Lead Partners should apply online using the application system (OLS). All questions and sections must be completed. Just something to note, you can fill in part of the application before saving it and coming back to it later. However, once you’ve formally submitted the application then no further changes can be made.
Grant funding can be a minefield at the best of times, and obviously you’ll want to give yourself the very best chance of success. The Myriad Associates team is made up of grant bid writers who've secured over €40m in EU funding for Irish companies in 2019/20.Our strengths lie in helping you to understand the grant options and criteria in full, so that your innovative, disruptive projects can be brought to fruition. Plus, we will not only look at DTIF funding but all other EU grant and schemes available to innovative Irish businesses too including the lucrative R&D Tax Credits scheme.
Find out more about R&D grants in general on our R&D grants page.
Please get in touch with us on +353 1 566 2001. There's also our contact page if you'd prefer to send us a message and we'll get straight back to you.
Don’t forget, Enterprise Ireland are also planning to host a DTIF Call 3 webinar on the 22nd October from 11am to 12 noon for anyone wishing to learn more about applying for DTIF Call 3.