Science Foundation Ireland (SFI) has made €6.9m ($8.8m) available to 62 research projects across 10 institutions in the country as part of the Irish Government’s push to commercialise more Irish research.

Benefactors from the new cash include Trinity College Dublin (TCD), University College Dublin, NUI Galway, University College Cork, Dublin City University, Royal College of Surgeons of Ireland, Tyndall National Institute, NUI Maynooth, Dublin Institute of Technology and University of Limerick.

Announcing the initiative at the Science Gallery in Dublin, Seán Sherlock, minister of state for research and innovation, said: “Today’s funding announcement will help deliver the commercialisation of excellent research taking place in Ireland in a range of areas, such as ICT, big data, medical technologies and food.”

The investment will be made through SFI’s Technology Innovation Development Award, in partnership with government agency Enterprise Ireland, and will support, to name a few, the development of cancer-fighting drugs, GM crops resilient to drought and agriculture network systems.