Science Foundation Ireland has said it supported 463 research projects with a financial commitment of €135m last year.
That is according to the annual report published this morning.
The foundation is currently tasked with awarding €1.4 billion in scientific research grants to scientists - mainly in academia - over the next six years as part of the National Development Plan.
Science Foundation director general Frank Gannon says SFI has to double its spending while increasing research and quality.
