UNICA Meeting of International Relations Officers

1
UNICA Meeting of International Relations
Officers

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

2
University Industry Programme

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

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Enterprise - Context

• 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
  spin-offs by
• Capturing and exploiting commercial opportunities
  from university research programmes
• Providing a location and supportive environment
  for the entrepreneurs.

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Context (UCD)

• Growth in research at UCD.
• 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

5
Enterprise Support
6
Results to date

• gt 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

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

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UCD Campus Companies (continued)

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

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NOVA Mutual support of community of
entrepreneurs

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

10
Tenant Profile

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

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Management of NOVA

• Managed by sub-Board of Board of University
  Industry Programme
• Scientific Advisory Board to advise on Centres
  policy on science and technology

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Financial Structure of NOVA

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

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Relationship with Investors

• 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