10 May, 2001
Dr Pat Frain, Director
University Industry Programme
University Industry Programme

 Aims
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Encourage UCD - Industry Co-operation
Facilitate Commercialisation of UCD Research
 Activities
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Patenting / Licensing
Enterprise Development
Continuing Professional Education / Advanced Training
Liaison / Marketing of Research
University Industry Programme

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New high-tech ventures are key to sustaining economic growth and development.
These new ventures are spin-offs from existing companies and from university-based research programmes.
The most innovative ventures are those originating in university research
Innovation Centres are key in generating spinoffs by:
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Capturing and exploiting commercial opportunities from university research programmes
Providing a location and supportive environment for the entrepreneurs.
University Industry Programme

 Growth in research at UCD.
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External research income is over £16m of which 18% is earned directly from industry.
 Major developments in ICT and Life Sciences .
 Increasing emphasis on technology transfer and innovation
University Industry Programme

TIMING PRODUCT SUPPORT STAGE
Promotion Pre Start Proof of
Embryo
Nurture
0-1 yr
Principle
Bus. Plan
Prototype Dev
Bus. Partners
UCD Policy,
Promotion, Enterprise
Seminars, Workshops,
Student Projects
CCDP, CIC,
Networking, Events
1-2 yrs First Product CCDP for Function
Mgt., CIC, Events
Fledgling 2-3 yrs Product Range
Mgt. Change
ADAPT, Events
Maturing 3yrs + Change
Mgt. Team
PLATO
Sc. Park
University Industry Programme

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> 60 campus companies
In recent years, two out of three start-up companies were in IT and Multimedia
Companies from the existing innovation centre have almost 85% survival rate
10 new start-up participants in Campus Company
Development Programme 2001
Venture capital of over $60 million in 3 years. Next wave includes FAME, BioObservation Systems
University Industry Programme

 Examples:
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WBT Systems: (Investment $30m)
Spin-off from Computer Science Department Award-winning product line - TopClass
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. Largest customer base in B2B eLearning - over 600 sites, 3 million users.
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Nanomat: (Investment $4m)
Spin-off from UCD Chemistry Department. Developing electrochromic and targeted nanoparticle technologies for the communications and health and life sciences sectors.
University Industry Programme

• Massana: (Investment $25m)
Spin-off from Electronic Engineering - DSP Lab. Exploiting its proprietary silicon and DSP technology for broadband communications and high-speed networking
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AV Edge: (Investment $1.5m .. Seeking $10m)
Spin-off from UCD Audio-Visual Centre. Multimedia resources and products for education & training.
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Changing Worlds: (Investment $4m)
Spin-off from UCD Computer Science Department.
Personalisation technology.
University Industry Programme

Mutual support of community of entrepreneurs
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Total area 40,000 sq ft
Incubation space – over 40 units ( 21,500 sq. ft.)
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Maximum stay 2 years 9 months
Innovative support programmes:
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University Industry Programme (UIP)
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New Venture Laboratory
Hatchery
Professional Services
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Desk space
International network
University Industry Programme

 Knowledge-intensive companies at early development stage
 Clustering around:
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Information Technology
Communications
Multimedia
Biotech, Life Sciences
 Over 10 spin-off companies each year
 At least one multi-million pound company every three years
University Industry Programme

 Managed by sub-Board of Board of University Industry
Programme
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Scientific Advisory Board to advise on Centre’s policy on science and technology
University Industry Programme

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£10m project - mainly funded by private investors - to be launched on debt-free basis
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UCD/UIP (site + cash contribution)
Enterprise Ireland Grant
Investments:
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AIB
Arthur Cox
Deloitte and Touche
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Goodbody Stockbrokers
Xilinx
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Ericsson
Nova will be launched on a debt-free basis
£1.0 million
£1.0 million
£1.0 million
£1.0 million
£1.0 million
£1.0 million
£1.0 million
University Industry Programme

 Equity participation in campus companies locating at NOVA for
20 years - Percentage of equity to be managed by a Special
Purpose Vehicle by or on behalf of the investors
 Strategic partnership
University Industry Programme