University College Dublin Wins a Knowledge Transfer Ireland 2017 Impact Award

-      Wins award jointly with Trinity for University Bridge Fund

Last night John Halligan TD, Minister of State for Training, Skills and Innovation, presented University College Dublin (UCD) with a Knowledge Transfer Ireland (KTI) 2017 Impact Award, at an event held in the Royal Hospital Kilmainham, Dublin.

UCD received the Knowledge Transfer Initiative of the Year Award, jointly with Trinity, in recognition of the establishment and launch of the Atlantic Bridge €60 million University Bridge Fund.

UCD KTI Award 2017 2
Brendan Cremen, UCD Director of Enterprise and Commercialisation, Minister John Halligan TD and Fionnuala Healy, Start-up Development Manager, Trinity 

The annual KTI Impact Awards showcase and celebrate successes in knowledge transfer carried out in Irish publicly funded research organisations in the previous year. The Awards recognise and commend some of the top performances in the areas of collaborative research, consultancy, licensing and the development of spin-out companies.

Minister John Halligan TD, who opened the Awards ceremony said, KTI manages and administers the €34.5m Technology Transfer Strengthening Initiative on behalf of Enterprise Ireland which sustains the capacity within our Higher Education Institutes to license technologies, create spinout companies and to engage with enterprise. This all leads to innovation, competitiveness and ultimately jobs.”

Director of KTI, Dr Alison Campbell said, “The Impact Awards are about acknowledging Ireland’s success in knowledge transfer and the people that make it happen, the on-the-ground staff in technology transfer offices and industry liaison offices in our HEIs around the country. Recent results from Enterprise Ireland’s client survey show that companies that collaborate with the Irish Research system on market-led projects have more than double the sales and exports than those that don’t. The knowledge transfer profession plays an essential role in helping companies (existing and new) to innovate through the commercialisation of research and expertise.”

UCD KTI Award 2017 Group
KTI 2017 Impact Award winners with Dr Alison Campbell, Director, Knowledge Transfer Ireland

The Knowledge Transfer Initiative of the Year Award recognises a commitment to the continuous development within a TTO or ILO.

The University Bridge Fund, launched in 2016, was initiated in a joint leadership collaboration between UCD and Trinity. It was established to invest in early-stage companies, with global potential, that are built from world-class research outputs generated at UCD, Trinity and at all Irish third-level institutions and universities. 

The Fund, which is managed by Atlantic Bridge Capital, provides capital and expertise to scale such companies into global markets. This Fund brings together significant institutional investment from the European Investment Fund, Enterprise Ireland, AIB, Bank of Ireland, UCD and Trinity.

Click here to learn more about the 3 nomination for the KTI Initiative of the Year award 2017.

Brendan Cremen, UCD Director of Enterprise and Commercialisation said, “I am delighted that UCD and Trinity jointly won the Knowledge Transfer Initiative of the Year Award, for the establishment and launch of the Atlantic Bridge €60 million University Bridge Fund. The successful launch of this Fund, initiated in a joint leadership collaboration by both universities over a 3 year period, clearly demonstrates how UCD and Trinity have become proactive leaders and drivers of the Irish entrepreneurship eco-system.”

Click here for further information on all the KTI 2017 Impact Award winners.

ENDS

31 March 2017

For further information contactMicéal Whelan, University College Dublin, Communications Manager (Innovation), e: miceal.whelan@ucd.ie, t: + 353 1 716 3712.

Editors Notes

Knowledge Transfer Ireland is the national office that helps business to benefit from access to Irish expertise and technology by making it simple to connect and engage with the research base in Ireland. Knowledge Transfer Ireland enables companies to innovate their business by signposting to novel technology and research expertise in Ireland and by providing best practice guidance to simplify the process of accessing this rich source of opportunity. KTI is located in Enterprise Ireland (EI) and funded by Enterprise Ireland with co-financing from the Irish Universities Association. www.knowledgetransferireland.ie

At NovaUCD, the hub for new ventures and entrepreneurs at University College Dublin, we nurture and support new high-tech and knowledge-intensive companies as part of UCD’s mission. At NovaUCD we provide purpose-built, state-of-the-art incubation facilities alongside a comprehensive business support programme for client companies. UCD’s technology transfer team, which is responsible for the commercialisation of intellectual property arising from research and other knowledge-intensive activity at UCD, is also based at NovaUCD. NovaUCD has been funded through a unique public-private partnership that includes AIB Bank, Arthur Cox, Deloitte, Enterprise Ireland, Ericsson, Goodbody Stockbrokers, UCD and Xilinx. www.ucd.ie/novaucd  

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