www.swansea.ac.uk
Institute of Life Science Phase 2
Project Overview
School Staff Assembly
10th June 2009
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
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
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
Vision: Regional Life Science Cluster
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)
Project Funding and Costs
WEFO: £12.85m (cash)WAG: £8.5m (cash)ABMU NHS Trust: £1m (in-kind) – landSwansea University: £2.2m (in-kind) – Staff Time (sheets)
£2.8m (in-kind) – OverheadsProject Income £1.5m (cash)
Building £16mEquipment £3mTech Transfer £1.2mCRF £2.3m
Inco
me
Co
sts
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
www.swansea.ac.uk
Institute of Life Science Phase 2
Project Overview
Thank You
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