THE GOVERNMENT WILL spend €245 million on five new world-class scientific research centres.

€155 million of the funding will come from the Department of Jobs, while industry partners such as Google, Microsoft, Tullow Oil, and FBD will stump up €90 million in cash and in-kind payments.

That funding will support 700 new and existing research roles.

The funding will support cutting-edge research in what the department calls “critical and emerging sectors of the economy which are key for job creation” and will be provided over the next six years.

The centres will focus on connecting people digitally, telecom networks, medical devices, energy technologies and software research. The centres will be led by Trinity College, NUI Galway, UCD and University of Limerick, with 14 institutions involved.

The Jobs Minister will make the official  announcement about the centres later today. The move will bring to 12 the number of centres in Ireland run by the Science Foundation Ireland after a €300 million investment last year.

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