Innovation Fund Delivery Plans 2008-2011
In March 2007 the UK and Irish Governments announced funding support to stimulate innovation activity within Northern Ireland. The funding, amounting to £90 million over the CSR period, will complement the EU’s 2007-2019 Competitiveness Programme which has allocated some £140 million to innovation. This new funding initiative provides assistance to a range of projects which have a clear commercial focus and is to be taken forward under five measures or strands. These are Innovation and Stimulation; Research & Innovation Capacity; International Collaboration; New /Emerging Technologies; and Energy.
DARD received funding for five “Innovation Fund” programmes in Budget 2007 as follows:
| PROGRAMME |
08/09 £k |
09/10 £k |
10/11 £k |
| Industry R&D Challenge Fund (DARD Policy & Economics Division) |
Res. 500 |
Res. 930 |
Res. 1,030 |
| Environment & Renewable Energy (AFBI) |
Res. 600 |
Res. 600 |
Res. 600 |
| Research into Non Food Crops (AFBI) |
Res. 0 Cap. 0 |
Res. 440 Cap. 100 |
Res. 400 Cap. 100 |
| Renewable Energy: Knowledge & Technology Transfer Programme (CAFRE) |
Res. 150 Cap. 100 |
Res. 150 Cap. 100 |
Res. 150 Cap. 100 |
| Innovative & Sustainable Food Packaging Programme (CAFRE) |
Res. 100 Cap.250 |
Res. 100 Cap. 100 |
Res. 100 Cap. 0 |
| |
1,700 |
2,520 |
2,480 |
Delivery Plans have been developed in respect of each programme in accordance with guidance provided by the Department of Finance and Personnel (DFP).
Related Links
