Disruptive Technologies Funding: Minister Burke Opens Applications for €40 Million Innovation Fund

Ireland’s next wave of technology companies could benefit from a major public funding opportunity as Minister for Enterprise, Trade and Employment Peter Burke seeks new applications for €40 million in disruptive technologies funding. The initiative is designed to support ambitious projects that can turn research and innovation into commercially viable products and services.

Disruptive technologies funding targets high-impact innovation

The funding call is aimed at projects working on technologies with the potential to transform industries, strengthen Ireland’s economy and address major societal challenges. Support can help businesses and research teams move promising ideas beyond the development stage and closer to market.

Eligible proposals are expected to demonstrate strong technological potential, clear commercial prospects and the ability to create wider economic or social benefits. The scheme reflects the Government’s focus on building an innovation-led economy through collaboration between companies, researchers and public bodies.

What applicants should demonstrate

  • A credible technology or innovation with significant market potential
  • A clear plan for research, development and commercialisation
  • Strong project leadership and appropriate delivery partners
  • Potential to support productivity, sustainability, employment or strategic resilience
  • A realistic budget, timeline and route to implementation

The Department of Enterprise, Trade and Employment is responsible for the funding call, with the wider enterprise ecosystem—including Enterprise Ireland and IDA Ireland—playing an important role in supporting innovation and investment across the country.

Why the €40 million call matters for Ireland

Disruptive technologies funding can help close the gap between research and commercial success. Early-stage technology projects often require substantial investment before they generate revenue, making public support important in reducing risk and attracting additional private finance.

The programme also supports Ireland’s broader policy priorities, including digital transformation, climate action, advanced manufacturing, health innovation and sustainable economic growth. Successful projects could contribute to stronger supply chains, new high-value jobs and greater international competitiveness.

Applicants should review the official guidance carefully before submitting a proposal. The application process, eligibility rules, assessment criteria and deadlines are set out by the Department of Enterprise, Trade and Employment.

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Frequently asked questions

What is the disruptive technologies funding call?

It is a €40 million Government funding opportunity for projects developing ambitious technologies with the potential to achieve significant commercial or societal impact.

Who is responsible for the initiative?

The call is being advanced by the Department of Enterprise, Trade and Employment, under Minister Peter Burke.

What types of projects may benefit?

The announcement focuses broadly on high-impact and transformative technologies. Applicants should consult the official call documentation for the precise eligibility requirements and priority areas.

Where can applicants find official information?

Applicants should use the Department of Enterprise, Trade and Employment’s official announcement and accompanying application guidance as the authoritative source.

Article/Image Courtesy: enterprise.gov.ie

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