AFTER SECURING €8 million in non-Exchequer funding, the Trinity College-based Crann nanoscience institute has announced 50 new jobs at its laboratories.
The investment represents a 60 per cent increase on monies received last year and the jobs are all full-time research positions.
The institute has also confirmed that €20 million of industry funding for research has been committed over the next six years.
Speaking at the showcase today, director of Crann Professor John Boland said the announcement illustrated the return on investment in scientific research “in terms of the benefit to the Irish economy”.
Minister Richard Bruton added, “A key part of the Government’s plans for jobs and growth is ensuring not only that we continue to develop good ideas through scientific research, but also crucially that we turn more of them into products, services and ultimately good jobs.”
Ireland is currently ranked sixth in the world for nanoscience research and eighth for materials science research.