This is a timely question. On 26 November, I launched the new INSPIRE research infrastructure programme, which provides €750 million for capital investment in research infrastructure across the State and all our HEIs. It is a landmark moment for Ireland's national research and innovation system. As I am sure the Deputy has done, I have met with various stakeholders from the higher education system, including deans of research and presidents, and members of the research community, including PhD researchers and students, as well as industry representatives and employers, who ultimately will seek to take up the ideas that emerge from research and employ the skilled graduates who flow from the institutions.
INSPIRE will commence early in the new year. It has already been launched and the capital has been secured through the national development plan. It is a successor to the programme for research in third level institutions, PRTLI, which ran in the first decade of the century and was pivotal in sowing the seeds for the very strong research and innovation ecosystem that was built upon it. It withered on the vine to an extent over the past decade or so, having not been renewed since 2010 or 2011. My party promised a new initiative in this area in our manifesto and it was included in the programme for Government. I was particularly pleased to deliver it in our first year in office.
Under the overall NDP capital envelope, there is some €4.55 billion for my Department, €2.45 billion of which is being allocated to research and innovation of different hues. The INSPIRE programme has a number of different layers, one of which is to refresh equipment, systems and facilities across the HEIs. That will give them the base layer of equipment they need to perform world-leading, excellent and impactful research. There is another layer for very large-ticket items that are particularly expensive and complex and which one institution may struggle to purchase and manage on its own. The intention is to have a shared infrastructure portal whereby larger items like supercomputers and wire banks can be purchased by one institution and made available to all that want to avail of it. We will have a national management system for that.