Ireland has announced an ambitious initiative to invest €4.55 billion (£3.94 billion) over the next five years into its universities and research and innovation sectors. This unprecedented program, launched in December, seeks to reinforce Ireland’s status as a global leader in talent cultivation, advanced research, and innovation.
James Lawless, the Minister for Further and Higher Education, emphasized that the 2026–2030 strategy signifies the largest financial infusion ever in the tertiary sector. “The plan is focused on developing capacity for Ireland’s future – in our people, our institutions, and our economy,” Lawless remarked. The government had previously designated €2.9 billion to this sector for the 2021–2025 timeframe.
A significant portion of the new plan, exceeding €2.45 billion, is allocated specifically for research and innovation. These funds will be utilized to upgrade research facilities and centers, acquire state-of-the-art equipment, and promote international partnerships. Taighde Éireann (Research Ireland) will allocate €1.4 billion in research funding across a variety of fields. The government foresees that this investment will enhance Ireland’s ability to create high-value jobs and propel sustained social and economic development.
Beyond research and innovation, the plan will emphasize increasing capacity in areas such as healthcare and veterinary medicine. It will also augment funding for apprenticeships and provide enhanced support for students.
Minister of State Marian Harkin highlighted the transformative effect of further education and training. She asserted that the plan will guarantee access to essential skills for individuals from varied backgrounds and regions, aiding them in thriving within a swiftly changing job market.