UCD Innovation Impacts (2003-2016)

University College Dublin is a key component of Ireland’s innovation ecosystem and is an engine of growth with a global reach. Innovation, and the role of high-education institutions therein, is critical to the future success of the Irish economy but also in determining the future success of Irish society. UCD, as Ireland's largest university, must continue to make the greatest contribution in not only scientific and technological innovation but also in social and cultural innovation.

In addition to the metric data below, UCD Research and Innovation has produced a series of videos which showcase wider examples of the impact of innovation from across UCD's campus.

Click here to view our innovation impact videos.

The impact of a selection of University College Dublin's innovation activities for the period 2003 to end 2016 are summarised below:

  • Over €200 million in equity funding raised by NovaUCD companies
  • Over €150 million value of 3 major company exits 
  • Over €80 million annual turnover of NovaUCD companies
  • Over €70 million annual (Gross Value Added) contributed by NovaUCD activities to the Irish and global economy
  • Over €8 million earned in commercilisation income
  • Over 2,000 jobs (direct & indirect) currently supported by NovaUCD activities in Ireland and internationally
  • Over 1,000 companies have collaborated on UCD research programmes
  • Over 675 inventions disclosed
  • Over 460 patents filed
  • Over 290 companies and early-stage projects supported at NovaUCD
  • Over 250 companies have funded research at UCD
  • Over 155 licence agreements concluded
  • Over 160 companies incubated at NovaUCD
  • Over 50 companies located on the UCD campus 
  • Over 40 new UCD spin-out companies incorporated.

Click here to read the publication NovaUCD Celebrating 10 Years of Entrepreneurial Success (2003-2013).