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With the Commercialisation Fund, you can access significant funding and supports to develop your innovation idea.
Access Funding
For: Third-level researchers
Amount: Up to 80% of project costs from €80,000 – €350,000
Cost to you: At least 20% of project costs
IP: Owned by Trinity College Dublin with a guaranteed license agreed up-front
Funder: Enterprise Ireland
What is it?
The programme will fund the development of innovations at all stages of the commercial pipeline to the point where they can be commercialised as new products, services and companies.
As part of the programme, you will receive support to develop a comprehensive development plan.
Contact our team to apply.Who can apply?
The Commercialisation Fund Programme is available to companies who:
- are developing technology to address a gap in the market
- expect to be ready to go in 2-5 years (for licensing or to form a new start-up)
- researchers in third-level institutions and non-profit research agencies and organisations in the Republic of Ireland
Funding available
Researchers can initially apply for a grant of €15,000 to access an independent industry expert to undertake a feasibility study that includes a market opportunity assessment and paths to commercialisation. Researchers can then apply for significant funding to go on and develop, build and validate their innovation.
The maximum funding level is up to 80% of project costs from €80,000 – €350,000. Any science or engineering proposal with costs in this range will be considered.
Proposals with costs above or outside this range are considered on a case-by-case basis.
How to apply
Contact us to register your interest in funding and we will help you with the next steps.
If you are not ready to begin the application process, we can help you access funding to investigate, scope and develop a commercial case for your innovation.
Fees
At least 20% of project costs will need to be paid by the company.
Register your interest in funding
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