CRANN, the Centre for Research on Adaptive Nanostructures and Nanodevices, at Trinity College, Dublin revealed that is has secured €8.1 million in non-exchequer funding over the past 12 months providing employment for over 50 people.
The funding was drawn from 11 projects which involve collaborative work with 26 industry partners across Europe and the US, including multinational companies and smaller indigenous European companies. In addition CRANN is working with 55 international universities on these projects.
The majority of the funding has come from Europe, through a number of sources including the FP7 Cooperation, Ideas and Capacities blocks.
Professor John Boland, director of CRANN, said: “Attracting non-exchequer funding is critical to the ongoing development of nanoscience in Ireland.
“Ireland was recently ranked eighth in the world for our work in material science and this is crucial in increasing our competiveness and will help increase the non exchequer funding that we can attract, which will substantially increase the return on investment by the Government in nanoscience over the past decade.”
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