The Irish Cabinet has approved a significant €4.55 billion capital allocation for the Department of Further and Higher Education, Research, Innovation and Science under the revised National Development Plan (NDP) for 2026–2030. This investment represents a major step forward in strengthening Ireland’s knowledge economy by supporting long-term initiatives in research, education, and innovation.
The funding package will support the launch of a new national research programme, serving as the successor to the Programme for Research in Third-Level Institutions (PRTLI). It will also finance critical infrastructure upgrades across the further and higher education sectors and expand student accommodation nationwide. These initiatives aim to reinforce Ireland’s capacity to attract and develop scientific talent and foster discovery and innovation.
This capital commitment is positioned as essential to Ireland’s broader economic resilience. The government highlights the foundational role of education, skills, and research in enabling investment in other sectors such as housing, energy, and transport. The strength of the knowledge economy is credited with powering the country’s recent development and infrastructure projects.
The investment also aligns Ireland with global trends in research policy. Minister Lawless referenced the recent EU R&I Ministerial in Copenhagen, where the European Commission proposed a €175 billion budget for the next Horizon Europe Framework Programme. Ireland’s increased commitment to research places it in a strong position for global collaboration and competitiveness.
The funding also supports Ireland’s ambitions to become a hub for international research partnerships and talent development. As Ireland deepens science and skills relationships with countries like Japan and Singapore, the NDP funding underscores its intention to remain a globally relevant player in areas like semiconductors, cybersecurity, artificial intelligence, and climate innovation.
Finally, the investment is seen as a cost-effective economic driver. Research and innovation are knowledge-intensive sectors that require minimal construction resources, enabling rapid deployment while generating long-term returns. The agreement, shaped through complex negotiations, is presented as a balanced and strategic decision that protects key priorities and maintains momentum in education, apprenticeships, climate goals, and digital transformation.