world class talent . world class outcomes

Delivering Innovation through Partnership

NI Science Park and the NW Regional Science Park

Philip Maguire

NI Science Park GroupGuildhall 26th June 2015

world class talent . world class outcomes.

world class talent . world class outcomes

NI Science Park

• Initiated in 1998 and opened in 2005 by Gordon Brown • Established by DED in 1999 as a multi-site Science Park• Original purpose "To facilitate the commercialisation of NI's

research base through the vision of a Science Park in N. Ireland” • Mission: “a self-sustaining, internationally recognised Science

Park which is both Commercially and Research driven for knowledge based industries."

world class talent . world class outcomes

NI Science Park: 3 Strategic objectives

1. Provide ideal physical infrastructure for start-ups, scaling-up, global corporations and research institutes which meet Science Park criteria and Matrix strategy.

2. Provide structured support to early stage companies • Mainly through NISP CONNECT & Halo• But also by staff leverage

world class talent . world class outcomes

NI Science Park: Strategic objectives (cont)

3. Act as a catalyst to help create a more entrepreneurial culture in NI (in collaboration with Academe, Govt & Private Sector) by:• Maximising the economic value of research • Contributing to Government policy• Developing all forms of early risk capital• Engaging Schools and young people

world class talent . world class outcomes

NISP CONNECT• Mobilise expert business community volunteers to help Northern Ireland’s

entrepreneurs to create and scale fast growth innovation companies

• Expert Leadership Group under Chris Horne

• 5 Year Plan to ‘Double the Dealflow’ • Target >500 innovative companies started in NI pa

• Initiatives to educate & encourage young people to start their own knowledge businesses.

• Over 500 pro-bono experienced executives (EIRs and Domain Experts) available to advise & mentor

• Part of Global CONNECT & UK Tech-cluster Alliance

world class talent . world class outcomes

Geographical Context

LYIT Co-Lab

NI Science Park

NW RegionalScience Park

world class talent . world class outcomes

North West Regional Science Park

• A collaboration: NW Region Cross-Border Group, NI Science Park and Letterkenny Institute of Technology

• To deliver a cross-border third generation Science Park, funded by European Union’s INTERREG IVA programme (£12,051,925) and managed by SEUPB

• 50k gross sq ft Derry/Londonderry owned & operated NISP

• 20k gross sq ft (total) Co-Lab, owned and operated LYIT

• NI Science Park principles & policies fully adopted

• NI Science Park programmes & networks developed & operated cross border

• Outcome aim £4m pa net GVA

world class talent . world class outcomes

Status June 2015

• Both buildings came on line on schedule and to budget.

• FG: August 14• Co-Lab: May 15• Both reporting

excellent occupancies

world class talent . world class outcomes

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world class talent . world class outcomes

Events schedule building• Acorn group building Risk Capital

environment

• Sub region pitching its green energy credentials

• Create 2014 (with Culture Tech)• Schools visits• Head teacher interest

world class talent . world class outcomes

Already looking to the future

• Advanced manufacturing for Green Energy, Health Tech & Agri-Food• Aiming to be a major node on

interregion-wide collaborative networks• Links developing to USA on health

and manufacturing

world class talent . world class outcomes

Conclusion: Science Parks in the North of Ireland collaborate to offer:

• >320k net sq.ft (+ further 100k net sq.ft. due soon(?))• 99% let with >150 tenants employing ~2500 people

• Agile campuses: single desk start-up to global corporate• High spec, scalable IT, resilient fibre optic communications• An effective eco-system promoting & delivering knowledge

entrepreneurship throughout• Tenant of one: access to all

world class talent . world class outcomes

Vision: Science Park NofI 2030• Science Park facilities are acknowledged as the best place to

locate an early stage company.• Science Park initiatives are acknowledged as a major factor which

led to NI society meeting its knowledge economy targets.• Campuses totalling 1,000,000 sq.ft

• Home to 10% regional Knowledge Economy employees• Home to world leading UK National Research Institutes• Delivering >5% regional GVA• Secured & Self-sustaining by good long term funding

world class talent . world class outcomes

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