Limerick Chamber has called on businesses in the mid-west region to embrace the EU Commission’s Horizon 2020 programme, a new €79 billion programme for research and innovation to create new growth and jobs in Europe.
Speaking at the launch this morning, Limerick Chamber Economist, Dr Órlaith Borthwick, said “Research and innovation has an important role to play as we attempt to sustain recent evidence of an economic recovery. Irish companies have been active in drawing down such funding to date but we can still do much better. SMEs in particular will benefit from the proposed reduction in red tape and the new dedicated financial instrument for smaller companies.”
“Research can be an important prerequisite for economic growth and job creation. Irish companies must embrace this opportunity if we are to reach our target of winning €1.25 billion of this funding over the next seven years,” she concluded.
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