Proposed North West Regional Science Park

North West Regional Science Park
Sarah Kelly – Northern Ireland Science Park
Strategic Location – Derry~Londonderry
10 year framework for economic & social renewal –
One Plan.
Fort George (14 acres / 6 hectares) a former
military base. Outline planning permission by
December 2012.
Location for $50 Million transatlantic telecomms
hub (Project Kelvin).
Knowledge corridor linking University of Ulster &
Letterkenny Institute of Technology.
Location for North West Regional Science Park.
Prime mixed use development opportunity on a
gateway waterfront site.
Strategic Location at Fort George
Mix use residential/ office with
commercial on ground floor
Knowledge Hub
Multi-storey car park
Mix used office / Light Industrial
North West Regional Science Park
• third generation Science Park at Fort
George Derry~Londonderry 50k sq ft
(gross) & 20k sq ft (gross) LYIT.
• submitted for $18m funding to Special
EU Programmes Body (European
Union’s INTERREG IVA programme).
• Partners: Northern Ireland Science
Park Ltd (NISP), Letterkenny
Institute of Technology (LYIT) and
North West Region Cross Border
Group (NWRCBG).
• Outcome proportionate to NISP
success to date circa $4m to $5.7m pa
net GDP and circa 300.
Impact of a Science Park
• A Science Park is an economic catalyst
to drive the Knowledge Economy (eg
Silicon Valley).
• Growing the Knowledge Economy:
Knowledge (Research & IP)
Risk Capital (all stages, Angels to IPO)
Well coupled business professionals (accountants,
lawyers, bankers)
Independent Facilitators (the Science Park)
Innovation Eco-system
pro bono programmes
• Springboard; Frameworks; £25K Awards
• Enterprise Forum; Frontiers in STEM; IP exchange; Co-Founders
• US-NI Mentorship programme; Generation-Innovation
Investor Readiness//Access to $$££:
• Entrepreneur In Residence; Springboard; Halo*; VC Forum
Independent Research:
• NI Knowledge Economy Index (the ‘where we are now’ report)
• Support to Department of Enterprise Trade & Investment (MATRIX:
NI’s Science-Industry panel; Technology Strategy Board; EU)
Network Enabler:
• Learned societies (Institute of Physics; Royal Society of
Engineering;), Education; Research (Universities and Colleges)
*Affiliated – business angel network
Shipyard to Titanic Quarter
from dereliction to Knowledge Economy
Titanic Belfast
Hollywood in
NI Science Park 2003-2012
ECIT Queen’s University
NI Science Park 2012
Outcomes to date
• Adding $130m+ gross pa GDP by playing
host to 2000 staff in 110 companies,
210,000 sq ft;
• Facilitating circa $16m risk capital pa;
• Mobilising 1000 business volunteers &
110 Business Angels to help 800 new
• Refreshing NI companies with ideas; &
• Showcasing to 100+ School visits &
60,000 visitors pa.
NWRSP - Economic Catalyst
Artist’s impression
• replicate NISP and capitalise
on the ‘nerd gene’;
• increase opportunities to
attract local and returning
STEM graduates;
• attract R&D divisions of large
• increase interest and
investment from the global
investment community.
West Regional
Source: Knowledge Economy Index Baseline Report 2011 – Oxford
Contact Details
Sarah Kelly
Northern Ireland Science Park
o|+44 (0) 28 9073 7800
c|+44 (0) 7905 33 9508