Big news for Innovation Ireland
Ireland has secured the Research and Innovation portfolio in the European Commission, the Taoiseach Brian Cowen announced today. Máire Geoghegan Quinn, Ireland’s nominee to the European Commission, will be allocated this portfolio by Commission President, Jose Manuel Barroso.
The portfolio includes the European Union’s important Research Framework Programme, which has a budget of in excess of €50 billion over seven years (2007 – 2013).
Mr Cowen said:
“I am delighted to announce today that we have secured the hugely important Research and Innovation portfolio, which resonates very strongly with our own Smart Economy agenda. It is testament to the calibre of Máire Geoghegan Quinn that she has been allocated this portfolio.”
The research and innovation portfolio covers the main EU research institutes and structures, including The Joint Research Centre (JRC), The European Research Council (ERC), The Research Executive Agency (REA) and The European Research Council Executive Agency (ERCEA).
What will this mean for Ireland?
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