Five new firms for UCD
UNIVERSITY College Dublin recorded five new spin-out companies created in 2011 which plan to employ 50 people over the coming years.
The firms are used to commercialise the output of UCD research programmes and this brings to 19 the number of spin-outs incorporated in the past five years.
The companies are involved in energy management, pharmaceutical processing technologies and specialist construction risk assessment.
Some 187 new ventures and 289 individuals have now completed the NovaUCD Campus Company Development Programme, which has run annually since 1996.