Ireland awards grants funds to 12 businesses to boost the blue bioeconomy

January 17, 2019 |

In Ireland, the Minister for Agriculture, Food and Marine has announced that the Marine Institute is to provide 12 marine businesses (in collaboration with five universities) with investment funding totaling EUR2.4 million over three years. The funding is being provided to drive continued innovation in Ireland’s ocean economy, a key requirement of the Marine Institute led, National Marine Research and Innovation Strategy (2017-2021). The twelve grants of up to EUR200,000 each which are being provided to individual companies and company-led consortia will support novel R&D and the development of new technologies in key growth areas such as marine engineering, renewable energy and the blue bioeconomy.

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