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North West Regional Science Park (NWRSP). Sarah Kelly – Northern Ireland Science Park. Strategic Location – Derry~Londonderry. 10 year framework for economic & social renewal – One Plan .
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North West Regional Science Park (NWRSP) Sarah Kelly – Northern Ireland Science Park
Strategic Location – Derry~Londonderry • 10 year framework for economic & social renewal – One Plan. • Fort George (14 acres / 6 hectares) a former military base. Outline planning permission by December 2012. • Location for $50 Million transatlantic telecommshub (Project Kelvin). • Knowledge corridor linking University of Ulster & Letterkenny Institute of Technology. • Location for North West Regional Science Park. • Prime mixed use development opportunity on a gateway waterfront site.
Strategic Location at Fort George Mix use residential/ office with commercial on ground floor Knowledge Hub Multi-storey car park Mix used office / Light Industrial
North West Regional Science Park • third generation Science Park at Fort George Derry~Londonderry 50k sqft (gross) & 20k sqft (gross) LYIT. • submitted for $18m funding to Special EU Programmes Body (European Union’s INTERREG IVA programme). • Partners: Northern Ireland Science Park Ltd (NISP), Letterkenny Institute of Technology (LYIT) and North West Region Cross Border Group (NWRCBG). • Outcome proportionate to NISP success to date circa $4m to $5.7m pa net GDP and circa 300.
Impact of a Science Park • A Science Park is an economic catalyst to drive the Knowledge Economy (eg Silicon Valley). • Growing the Knowledge Economy: • Knowledge (Research & IP) • Risk Capital (all stages, Angels to IPO) • Well coupled business professionals (accountants, lawyers, bankers) • Independent Facilitators (the Science Park)
Innovation Eco-system pro bono programmes Education//networking: • Springboard; Frameworks; £25K Awards • Enterprise Forum; Frontiers in STEM; IP exchange; Co-Founders • US-NI Mentorship programme; Generation-Innovation Investor Readiness//Access to $$££: • Entrepreneur In Residence; Springboard; Halo*; VC Forum Independent Research: • NI Knowledge Economy Index (the ‘where we are now’ report) • Support to Department of Enterprise Trade & Investment (MATRIX: NI’s Science-Industry panel; Technology Strategy Board; EU) Network Enabler: • Learned societies (Institute of Physics; Royal Society of Engineering;), Education; Research (Universities and Colleges) *Affiliated – business angel network
Shipyard to Titanic Quarterfrom dereliction to Knowledge Economy Titanic Belfast Hollywood in Belfast
NI Science Park 2003-2012 ECIT Queen’s University
NI Science Park 2012 Outcomes to date • Adding $130m+ gross pa GDP by playing host to 2000 staff in 110 companies, 210,000 sqft; • Facilitating circa $16m risk capital pa; • Mobilising 1000 business volunteers & 110 Business Angels to help 800 new starts; • Refreshing NI companies with ideas; & • Showcasing to 100+ School visits & 60,000 visitors pa.
Artist’s impression NWRSP - Economic Catalyst • replicate NISP and capitalise on the ‘nerd gene’; • increase opportunities to attract local and returning STEM graduates; • attract R&D divisions of large corporates; • increase interest and investment from the global investment community.
Knowledge Economy Ambitions North West Regional Science Park Source: Knowledge Economy Index Baseline Report 2011 – Oxford Economics
Contact Details Sarah Kelly Northern Ireland Science Park sarah.kelly@nisp.co.uk o|+44 (0) 28 9073 7800 c|+44 (0) 7905 33 9508