1 / 9

Institute of Life Science Phase 2

Institute of Life Science Phase 2. Project Overview School Staff Assembly 10 th June 2009. Vision. To create a sustainable venture that advances medical science through research and innovation for the benefit of…

darby
Download Presentation

Institute of Life Science Phase 2

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Institute of Life Science Phase 2 Project Overview School Staff Assembly 10th June 2009

  2. Vision • To create a sustainable venture that advances medical science through research and innovation for the benefit of… • the knowledge economy in Wales by linking scientific and medical advancement to wealth creation and… • human health through improved prevention and treatment of disease

  3. Project Context • A Partnership between the School of Medicine, ABMU NHS Trust, WAG Department of Health and the European Union (WEFO) • Lisbon Agenda (Growth and Jobs) • Convergence Operational Programme • R&D / Innovation Framework • Wales Science Policy • Wales Spatial Plan • Other WAG/UK/Local Strategies

  4. Project Purpose • Co-funded by the European Regional Development Fund, the purpose of ILS Phase 2 is to support the development of the regional life science cluster through; • Assisting enterprises in the Convergence region to innovate and grow • Strengthening the regional R&D infrastructure • Establishing research collaborations between academia and local industry • Attraction of inward investment

  5. Vision: Regional Life Science Cluster

  6. Project Components • Translational Medicine; taking innovations from bench to bedside • Clinical Research Facility (bedded unit) • Imaging Centre • Health Informatics Research • Business Development Facilities • Technology Transfer Team • CNH Tenant Project • + ILS(1)

  7. Project Funding and Costs • WEFO: £12.85m (cash) • WAG: £8.5m (cash) • ABMU NHS Trust: £1m (in-kind) – land • Swansea University: £2.2m (in-kind) – Staff Time (sheets) • £2.8m (in-kind) – Overheads • Project Income £1.5m (cash) • Building £16m • Equipment £3m • Tech Transfer £1.2m • CRF £2.3m • Income • Costs

  8. Project Outputs/Outcomes • 300 Enterprises/Individuals Assisted • 30 Collaborative Projects • 400 Jobs Created • 10 Enterprises Created • £20m Profit Benefit • £20m Investment Induced • 15 New products/processes/services registered • 175 New products/processes/services launched

  9. Institute of Life Science Phase 2 Project Overview Thank You

More Related