North West Regional Science Park (NWRSP)

Sarah Kelly – Northern Ireland Science Park

• 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 telecomms hub (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 – Derry~Londonderry

Mix use residential/ office with commercial on ground floor

Knowledge Hub

Multi-storey car park

Mix used office / Light Industrial

Strategic Location at Fort George

North West Regional Science Park

• third generation Science Park at Fort George Derry~Londonderry 50k sq ft (gross) & 20k sq ft (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:1. Knowledge (Research & IP)2. Risk Capital (all stages, Angels to IPO)3. Well coupled business professionals

(accountants, lawyers, bankers)4. Independent Facilitators (the Science Park)

Innovation Eco-system

Education//networking:• Springboard; Frameworks; £25K Awards• Enterprise Forum; Frontiers in STEM; IP exchange; Co-

Founders• US-NI Mentorship programme; Generation-InnovationInvestor Readiness//Access to $$££:• Entrepreneur In Residence; Springboard; Halo*; VC ForumIndependent 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

pro bono programmes

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 sq ft;

• 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

• 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.

NWRSP - Economic Catalyst

Knowledge Economy Ambitions

Source: Knowledge Economy Index Baseline Report 2011 – Oxford Economics

North West Regional Science Park

Contact Details

Sarah KellyNorthern Ireland Science Park

sarah.kelly@nisp.co.uko|+44 (0) 28 9073 7800c|+44 (0) 7905 33 9508