Enterprise Ireland ‘Campus Incubation Programme’

Contact person 
Terry O'Brien
Institution 
South-East Regional Authority (SERA)
E-mail 
terry.obrien@southtippcoco.ie
Country 
Ireland
Do you want to share an instrument/policy or a knowledge Transfer practice? 
Innovation instrument(policy)
What are the following keywords/priorities which better fit the instrument/policy?  
Research Infrastructures
Indicate the country from which the instrument (or policy) is 
Ireland
What is the title/name of the instrument/policy? 
Enterprise Ireland ‘Campus Incubation Programme’
Indicate the target group/beneficiaries of the instrument/policy 
Higher education institutions (education function)
Higher educations institutions research units/centres
SMEs only
What is the aim/objective? 
Provides a supportive environment on 3rd level campuses for new companies to grow in formative years. The main goal of the Campus Incubation Programme is to develop incubation facilities in higher education institutions in order to: 1.Foster entrepreneurship and campus company activity 2.Help realise the commercial potential of Ireland’s research community 3.Support balanced regional development Enterprise Ireland, the national agency for the development of indigenous industry, has invested over €50m in the Campus Incubation Programme. There are now incubation centres in all of the seven universities and all fourteen Institutes of Technology. In addition, the Programme funded has funded specialist bio-incubation facilities linked to the universities. The programme aims to provide incubation space within third level institutions for new entrepreneurs and start-up companies
Give an overview of the instrument 
Programme designed to improve relationships and linkages between HEIs and entrepreneurs. Designed to foster entrepreneurship and drive campus company creation, support balanced regional development and realise the commercial potential of the research community. Incubators are in all main University / HEIs in Ireland
What is the date of creation of this instrument? 
Thursday, January 1, 1998
Is the instrument/policy still active? 
Active
Identify the main outputs/results (quantitative and qualitative) of the implementation of this instrument 
There are currently over 200 companies, employing over 1,000 people based in Irish incubation centres funded by the programme. Improves University-industry relations Support and infrastructural support to start-ups €50m invested across HEIs * 20 centres established * 230+ companies employing 1,000 people nationally. Benefits of basing your new company in a campus incubation centre include: Access to mentoring on key aspects of business development, such as market research and finance. A prestigious address with high quality office space. Proximity to research teams in the college and the use of R&D facilities on-campus. Peer-to-peer learning from other ambitious start-ups located in your incubation centre. Access to a pool of students for placements and recruitment. Spending a couple of years in this environment may be precisely what your new company needs before you move it out, and on, to even greater success
What is the co-financing/maximum rate allowed by the instrument/policy (if appl.)? 
N/A
Is this instrument/policy linked to a KT practice? 
Yes
The country which implemented this practice 
Ireland