75% of SMEs don’t have R&D budget, survey finds

ALMOST three quarters of small Irish firms surveyed said they don’t have a budget for research and development (R&D) included in their business strategies.

75% of SMEs don’t have R&D budget, survey finds

The Network Ireland survey also found that two-thirds of owner managers want to develop their businesses in Europe.

However, the majority of respondents said they have not sourced European funding in the past three years.

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