Thirteen new knowledge-intensive business ventures have joined NovaUCD’s 2011 entrepreneurship programme.
The NovaUCD 2011 Campus Company Development Programme (CCDP) assists academic and research entrepreneurs at UCD in bringing their ideas from intellectual concepts to fully developed and sound commercial businesses. NovaUCD, the Innovation and Technology Transfer Centre, is responsible for the commercialisation of intellectual property arising from UCD research programmes.
Now in its 16th year, 170 new ventures and 260 individuals have to date completed the Enterrise Ireland-supported programme. Former participants include companies such as BiancaMed, Celtic Catalysts, Equinome, JLizard and RendezVu.
The new ventures and individuals participating this year are commercialising research undertaken throughout the University; including the schools of Agriculture; Food Science; Veterinary Medicine; Architecture; Landscape and Civil Engineering; Biomolecular and Biomedical Science; Business; Chemical and Bioprocess Engineering; Computer Science and Informatics; and Electrical, Electronic and Mechanical Engineering; along with Medicine and Medical Science.
Dr Pat Frain, director, NovaUCD said: “The CCDP is NovaUCD’s main enterprise support designed specifically to assist UCD academics and researchers in establishing new ventures to commercialise the innovative ideas arising from their research programmes.” He added, “These ventures will in time generate new high tech jobs and this aspect of the CCDP is of course critically important in the current economic climate.”
The CCDP is a nine-month, part-time programme designed to suit the busy timetable of researchers and academics. It offers a mix of monthly workshops, mentoring and one-to-one consultancy. It is delivered by NovaUCD staff, with support from NovaUCD’s sponsors, Enterprise Ireland, as well as other outside experts.
This year a prize fund of €30,000 will be available to the 2011 CCDP award winners. In addition to cash prizes and 6-months free NovaUCD desk space, Arthur Cox and Deloitte will be providing professional services and AccountsIQ will be providing a free subscription to its accountancy software.







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