Strategic innovation funding for ITB

The recent announcement by Minister for Education and Science, Mary Hanafin TD, of the allocation of funding valued at over €60 million to the Institutes of Technology sector has been warmly welcomed by Dr. Mary Meaney, Director of the Institute of Technology Blanchardstown (ITB).

The money is being provided under the Strategic Innovation Fund, Cycle 2 (SIF 2). Half of the funding comes directly from SIF 2 and the remainder as contributions from each participating Institute.

ITB has secured funding valued at €4 million for its projects including an exciting new initiative, the Dublin Regional Higher Education Alliance (DRHEA), which sees the four universities and four Institutes of Technology in the Dublin area working together in a number of areas including widening participation, graduate mobility and enhancing learning.

SIF 2 will also provide funding to ITB for a project investigating how entrepreneurship and exploiting commercial opportunities can be taught in a third level environment. In addition the Dublin 15 college will benefit from a sector wide project involving all Institutes of Technology which has been valued at €20m.

Expressing her delight at the investment, Dr. Mary Meaney, Director of ITB, said “we are particularly enthused about the DRHEA projects given our specific mission to widen access to third level”.

According to Dr Meaney “collaboration through imagination is what the Strategic Innovation Fund is all about. The fund will greatly enhance the collective efforts of all in third and fourth level and ensure that our drive to maintain high standards is built on close cooperation between all institutions in the sector.”

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