1. University Industry Programme University Industry Programme UNICA Meeting of International Relations Officers 10 May, 2001 Dr Pat Frain, Director University Industry Programme

2. University Industry Programme University Industry Programme 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

3. University Industry Programme University Industry Programme 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.

4. University Industry Programme University Industry Programme 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. University Industry Programme University Industry Programme Enterprise Support

6. University Industry Programme University Industry Programme Results to date  > 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

7. University Industry Programme University Industry Programme 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.

8. University Industry Programme 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  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. UCD Campus Companies (continued)

9. University Industry Programme University Industry Programme 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. University Industry Programme University Industry Programme 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

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

12. University Industry Programme University Industry Programme 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

13. University Industry Programme University Industry Programme 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