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8/11/2019 Northern Ireland Science Park Annual Report 01
http://slidepdf.com/reader/full/northern-ireland-science-park-annual-report-01 1/28
www.nispconnect.org
CREAT
CREATIVE
STARTUPS
ATIVE
BUSINES
D
M E D I A O N S UME R
NTERNET
I N T E R N E T
TECHNO OGY ELECTRO
NGINEERING
G I N E E R I
E N GI NE
E R I N G
AG
AGRI-FOODROTOTYPI
PS S
F
LIFE
INVSTARTUPS
HEALTH
DIGITA
NTERPRISE
ENTERP
SOFTWARE
S O F T W A R E
S O F
T W A R E
INNOVATIONPING
C O
L L A B O R A T I O
N
ENEURSHIP
INNING
ECONOMYKNOWLEDGE
WLEDGE
D E V E L O
GROWTH
ANNUAL
CATALYSINGINNOVATION
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HRH DUKE OF YORK
WELCOMED 1ST MAJOR
LOCAL DONATION TO NISP
TRUST, FROM TG EAKINSEN. GEORGE MITCHELL
BECAME US PATRON
FOR THE NISP TRUST
N E W
P R O G R A M M E :
>£1M CONTRIBUTED IN
VOLUNTEER HOURS & MEMBERFEES FOR UNDER £180K PUBLIC
INVESTMENT
2,000 EVENT
ATTENDEES 474 EARLY STAGE VENTURES& WANTREPRENEURS
ENGAGED WITH NISP
CONNECT PROGRAMMES
HIGHLY EXPERIENCED
NEW TEAM MEMBER: JOHN
KNAPTON, SPRINGBOARD
DIRECTOR
IT WAS AGOOD YEARAT ...
£1M
2 , 0 0
0
“The CONNECT programme has been successful in developing a supportive ecosystem to help
companies develop in the technology and innovation sectors. This is important because hitherto
the lack of a successful innovation system has been identified as one of the key constraints on theNI economy.”
An Evaluation of Year 3 of NISP CONNECT – by PwC, Jan 2014
8/11/2019 Northern Ireland Science Park Annual Report 01
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...AND FORNORTHERNIRELAND
G R E A T N E W
S :
N O R T H E R N I R E
L A N D ’ S
K N O W L E D G E
E C O N O M Y I S G
R O W I N G
F A S T E R T H A N T H E U K *
2009 31,408
2010 32,389
2011 33,370
6.2%
2.5%
2009 1,628,417
2010 1,634,780
2011 1,668,730
EMPLOYMENT IN
THE KNOWLEDGE
ECONOMY
UNITED KINGDOM
NORTHERN IRELAND
FROM OBSERVER TECHPUBLICATION FEATURE:
SILICON
ROUNDABOUT
AND BEYOND:
THE BEST BRITISH
TECH STARTUPS
* S o u r c e : K n o w l e d g e E c o n o m y I n
d e x R e p o r t 2 0 1 3 – i n d e p e n d e n t l y p r o d u c e d
b y N I C E P & O x f o r d E c o n o m i c s
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THE VISION, TARGETS AND BLOCKERS WERE CROWDSOURCED
AT A CONFERENCE INVOLVING 35 OF NORTHERN IRELAND’S KEY
KNOWLEDGE ECONOMY STAKEHOLDERS IN FEBRUARY 2012
THE VISION
THE VISION
WE BELIEVE IN…THE TRANSFORMATION OF NORTHERN IRELANDINTO ONE OF THE MOST ENTREPRENEURIAL
KNOWLEDGE ECONOMIES IN EUROPE BY 2030
THE NISP CONNECT MODEL HAS
FINALLY CLICKED IN RECENT MONTHS
SO NOW THE CHALLENGE IS TO SCALE
WHAT WE ARE DOING.
WE KNOW THE PLAN.
WE NEED TOCONCENTRATEON JUSTONECRITICALSUCCESSFACTORTHIS YEARTO BE ONTRACK TOACHIEVE
OUR VISION:FUNDING!
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[5]
N I S P C O N N E C T A n n u a l R e p o r t 2 0 1 3 / 1 4
C a t a l y s i n g I n n o v a t i o n
CRITICALSUCCESS FACTORS
EACH YEAR OUR LEADERSHIP BOARD IDENTIFIESTHE 1-5 PRIORITY SUCCESS FACTORS THAT NISP
CONNECT MUST ADDRESS IF WE ARE TO STAY ON
TRACK WITH ACHIEVING OUR VISION.WE SET SOME CHALLENGING SUCCESS FACTORS LAST YEAR. SO HOW DID WE PERFORM?
FUNDING
Achieve private funding target
agreed with DETI that will lead to
the independence and sustainability
of NISP CONNECT while ensuringthe diversity of competence in its
direction.
• Income targets for membership and sponsorship revenues
achieved but we came in under target of raising £2M into the NISP
Trust.
KNOWLEDGE
ECONOMY ADVOCACY
Develop and execute an advocacy
strategy based on the findings of
Knowledge Economy Index and
stakeholder analysis so that critical
public policy interventions are
implemented when required.
• Successfully influenced the Department of Enterprise, Trade and
Investment’s (DETI) Innovation Strategy to:
- Adopt Knowledge Economy Index metrics as key indicators.
- Increase key targets in the Innovation Strategy.
- Prioritise the importance of culture as a ‘Key Blocker’.
• Following the extensive advocacy efforts on risk capital in 2013,
Steve Orr has been invited onto the steering group for DETI
research into the Future of Venture Capital, Private Equity and
Growth Finance in Northern Ireland.
• Steve Orr invited to represent Northern Ireland on the Tech City
Clusters Alliance initiative hosted by Tech City CEO Joanna
Shields, including meetings at Buckingham Palace and 10
Downing Street.
SPRINGBOARD
SPRINGBOARD is the most valuable
service a community can provide to
its entrepreneurs given the diversity
of competence and network that can
be leveraged. SPRINGBOARD must be
improved to become recognised as the
elite programme for science and tech
entrepreneurs in NI by March 2014.
• Hired experienced industry expert and venture capitalist John
Knapton to lead the programme.
• Developed SPRINGBOARD as a key partner in the global
SPRINGBOARD+ programme, integrating with its pool of mentors,
domain experts and market experts.
COMMUNICATIONS
Create a buzz about Northern
Ireland’s science and tech scene
by telling the stories of the
entrepreneurs and research rock
stars in Northern Ireland achieving
success and developing exciting
products to key audiences at home
and abroad.
• Launched TechWatch as a multimedia tech blog showcasing a hot
NI sci-tech startup each week.
• Created new social and digital media resources, including a
dedicated full-time coordinator.
• Achieved recognition for Belfast / NI as one of the Observer Tech
Monthly’s eight prime UK tech regions.
UNIVERSITY
INTEGRATION
Achieve integration of key faculty
and students into NISP CONNECT
programmes annually.
• NISP CONNECT acknowledges that much more needs to be done
to support Northern Ireland’s third level students and academics,
and to provide value to their business outreach.
2 0 1 3 / 1 4
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You can feel a buzz in Northern Ireland now. There is a new confidence in the stride
of our entrepreneurs as if they are finally realising how damn good they are.
Most importantly you can see a culture of collaboration becoming pervasive
throughout our innovation community. It is a privilege to provide a platform for
our most experienced, successful and connected people to support the
most promising. I am constantly amazed by the level of talent and generous
participation that is given to helping our entrepreneurs become successful…
preferably disgustingly successful. We have always had an experimental, iterative
approach to developing our programmes in support of NI’s entrepreneurs.
Recently, everything has really started to align.
Now collaboration at scale is going to be the critical challenge if we are to realise
our vision. We have been inviting local stakeholders to collaborate and offered
our help in facilitation. The reaction so far has been very encouraging.
The Northern Irish people have been changing the world for
over 400 years. That is who we are and what our identity
must become again. We create. We INVENT.
WE LEAD, WE DO NOTFOLLOW. LET’S MAKE THISHAPPEN, TOGETHER.
Steve Orr Director
FOR NISP CONNECT IT HAS ALWAYS BEENABOUT RESULTS NOT RHETORIC SO IT ISREALLY EXCITING TO SEE THE PROGRESSMADE IN NORTHERN IRELAND OVER THELAST TWELVE MONTHS.
The news and statistics place NI as one of the hottest tech regions
in the UK. We’re seeing continuing growth from our pool of science
and technology companies creating products with global potential.
I’m not known as someone who congratulates governments easily,
but I have also been impressed with how the Department of
Enterprise, Trade and Investment has listened to our advocacy
work on its Innovation Strategy for Northern Ireland, raising
targets and adjusting priorities in response to our feedback.
To the mentors, volunteers and collaborators who already
commit their time and resources to make NISP CONNECT
possible, thank you. My time as Chair of NISP CONNECT has
genuinely been a joy. But a great start is just that. If we are to
realise our vision we need to raise our game much further and
scale what we do. We need more organisations to get involved
and recognise their shared duty to support this cause.Chris Horn
Chair
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WE ARE
STEVE ORRDIRECTOR
TRUDY PARRYSPECIAL EVENTS
& PROGRAMME
CO-ORDINATOR
PETER EDGAR25K AWARDS
CO-FOUNDERS
WANTED!
FRONTIERS IN SCIENCE
& TECHNOLOGY
INNOVATION FOUNDER
AWARD
US–NI MENTORSHIP
PROGRAMME
JOHN KNAPTONSPRINGBOARD
DIRECTOR
CLAIRE BURGOYNEGENERATION
INNOVATION
FRAMEWORKS
VC FORUM
NI KNOWLEDGE
ECONOMY INDEX
LEADERSHIP BOARD CHRIS HORN,NISP CONNECT
STEVE ORR,NISP CONNECT
NORMAN APSLEY,NISP
PHILIP MAGUIRE,NISP
JOEL FERGUSON,AFBI
TIM BRUNDLE,ULSTER INNOVATIONS
HUGH MCKENNA,UNIVERSITY OF ULSTER
GAVIN CAMPBELL,BOMBARDIER
ALEC MCRITCHIE,BOMBARDIER
ALAN TAYLOR,ARTHUR COX
KEVIN KINGSTON,DANSKE BANK
RORY CLARKE,DANSKE BANK
JAMES HAUGHEY,NORBROOK LABS
HUGH CORMICAN,CIRDAN IMAGING
NEASA QUIGLEY,CARSON MCDOWELL
CHRIS GUY,MILLS SELIG
SCOTT RUTHERFORD,QUB
FRANK BRYAN,QUBIS
TONY GALLAGHER,QUB
JULIE-ANN O’HARE,BANK OF IRELAND
ALAN WATTS, HALO
[7]
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MEMBERSHIP
MEMBERSHIP
PLATINUM £10K
GOLD £5K
SILVER £2K
MEMBERSHIPTOGETHER WE CAN GROWTHE KNOWLEDGE ECONOMY.THE FOLLOWING ORGANISATIONS ARE
MAKING A BIG CONTRIBUTION TO
THE REALISATION OF OUR 2030
VISION, BY BEING MEMBERS OF
NISP CONNECT.A BIG
THANK
YOUFRO
M US!
2013/14
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PROGRAMMES
P R O G R A M M E S
OUR TEAM MOBILISES AN ARMY OF SMART PEOPLE TO
VOLUNTEER THEIR TIME IN DELIVERING OUR PROGRAMMES.
EACH PROGRAMME IS TAILORED TO SUPPORT A DIFFERENT
STAGE IN THE ENTREPRENEURIAL JOURNEY BUT THEY
SHARE ONE KEY ACTIVITY: CONNECTING THE MOST
TALENTED PEOPLE WITH THE MOST EXPERIENCED.
“Al wa ys pu t ting the needs of th
e en trepreneur firs t, NISP CO
NNEC T has crea ted an incred
ible
resource for technolog y s tar tu
ps in Nor thern Ireland. The y p
ro vide a unique oppor tuni t y to
collabora te and learn from a brillian
t peer group of e xperienced te
chnical and business people i
n
a safe and suppor ti ve en viron
men t a t a time in the life of your compan y where t
his kno wledge and
guidance can hugel y impro ve
your chances of success.”
Ronan Cunningham, Founder o f B
anba tech and a NISP CONN
EC T En trepreneur-in-Resid
ence
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PROGRAMMES
SPRING
PROGRAMMES
John Knapton has assumed the role of
SPRINGBOARD Director as of April 2014,
taking responsibility for making SPRINGBOARD
the flagship programme in Northern Ireland,
for the commercialisation of innovation.
At the end of March, John spent a week in San
Diego working with the founders of CONNECT,
in order to maximise the value provided by the
programme in Northern Ireland.
John has already made some significant changes
to the process to maximise both throughput
and quality of participants, and to deliver on the
“6.5 times more likely to succeed” established
programme outcome metric. The number of EiRs
supporting the programme has also increased
from 23 last year to a current total of 30,
with further substantial expansion planned.
The number of new applicants in the last two
months demonstrates a very positive outlook.
10 companies
graduated from
SPRINGBOARD
this year, afurther increase
on the previous
year. It is worth
reviewing progress
to date since the start
of the programme
2½ years ago:
John Knapton,
SPRINGBOARD
Director
TOUGH LOVE
FOR STARTUPS
>400 jobs supported*
*Including multiplier effect
23 graduates to date
85 applications
15 in process
>£4M invested
>70 new jobs directly created
1 0
C O M PA N
I E S
G RA D UA
T E D
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OARD N I S P C O N N E C T A n n u a l R e p o r t 2 0 1 3 / 1 4
C a t a l y s i n g I n n o v a t i o n
SPRINGBOARD also held its first Panel outside Belfast
when Sensum presented to a Panel at
Tech City in London in December.
Together with a select number of international CONNECT
programme managers, CONNECT San Diego is constructing
SPRINGBOARD+, a global implementation of SPRINGBOARD
that will leverage resources around the world, to the benefit
of SPRINGBOARD participants. NISP CONNECT has been
recognised as the English speaking, European beachhead
for US companies looking to establish a European presence
and an integral part of establishing SB+. This initiative will
also provide tremendous breadth of experience to Northern
Ireland companies seeking a share of the global market.
REVISED PROGRAMME’SUSPS HAVE BEENIDENTIFIED AS FOLLOWS:
1. Proven to deliver internationallyover 20 years.
2. Content specifically tailored to
address identified “gaps” within
each applicant company.
3. Expeditious, in-business format
minimises disruption.
4. Network of global resources
available on demand through
SPRINGBOARD+.5. Develops sound
commercialisation strategy and
tactics.
6. Diversity of competency (EiRs,
experts).
7. Follow-on “Capital Competition”
nurtures funding of working
capital.
8. Provides real “investor-ready”
companies.
9. 6.5x reduction of go-to-market
risk.
[11]
John Knapton, SPRINGBOARD Director
WELCOME TOTHE TEAM!
John is a Chartered Director Ambassador
and qualified executive coach, with over 25
years’ experience in sales, marketing and
international business development, within the
technology sector. His experience ranges from
launching startups to managing growth within
multi-national conglomerates. He has worked at
board level with industry leaders and developed
an international network, having lived, worked and
travelled globally.
SPRINGBOARD rema
ins the flagship of e ver y thing C
ONNEC T s tands for. Ha ving be
en on
the team since our earl y da ys in 2011, Meagan B
lan ton took the SPRINGBOAR
D helm in
2013 bu t sadl y we had to sa y
fare well a fe w mon ths la ter wh
en she mo ved back home to
California. We miss her lo ts b
u t she is al wa ys in touch.
Meagan Blan ton
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PROGRAMMES
SPRINGBOARD
CONGRATULATIONS,SPRINGBOARDGRADUATES OF 2013-14
STEERINGTEAM
ALAN WATTS, HALO
ANDREW WALMSLEY,
EIR REPRESENTATIVE
DES SPEED,
EIR REPRESENTATIVE
TOM GRIFFITHS,EIR REPRESENTATIVE
CAROLINE MCGORAN,
UNIVERSITY OF ULSTER
JENNIFER FERGUSON,
ARTHUR COX
KERRY MCCORKELL,
TUGHANS
CHRIS GUY, MILLS SELIG
DAWN MCKNIGHT,CARSON MCDOWELL
IAN BEATTY, DANSKE BANK
AARON STEWART, PWC
“NISP CONNEC T is a
grea t facili ta tor for young com
panies. I ts SPRINGBOARD
programme helped SiSaf to de velop a s trong bus
iness s tra teg y and i t helped m
e es tablish
impor tan t con tac ts wi thin Nor
thern Ireland’s business and
in ves tor communi t y. I can sa y
wi thou t hesi ta tion tha t wi thou
t NISP CONNEC T SiSaf would
no t be where i t is toda y.”
Suzanne Sa f fie-Sieber t, Fo
under & CEO, SiSa f
SOME OF THIS YEAR’S GRADUATES
SENSUMGawain Morrison
EiR: Ronan Cunningham,
Stephen Houston
Advertising analytics.
AMELIOCatherine O’Neil
EiR: Ronan Cunningham
Novel engineered drainage
solution.
KOMODO
Gerard McBreenEiR: Les Curran
Tablet-based maths tutor.
PURE MARINEPaul Brewster
EiR: Andrew Walmsley
Wave energy generation.
ROTORDiarmuid Moloney
EiR: Eoin Lambkin
Web-based creative media
for music videos.
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CO-FOUNDERS N I S P C O N N E C T A n n u a l R e p o r t 2 0 1 3 / 1 4
C a t a l y s i n g I n n o v a t i o n
[13]
Co-Founders Wanted! provides evening events every
few months, each for a different industry sector. A
handpicked audience of 55 potential co-founders saw
pitches from founders of 21 new companies before
mixing over beer and pizzas.
Co-Founders Wanted! has developed into an essential
component of a founder’s journey. One of the big
challenges for startups is gathering the right team to
build and launch a product, and Co-Founders Wanted!
helps establish connections for founders. Over the year
two founders were able to recruit teams through the
programme.
STEERING TEAM BRIAN BAIRD, CHAIRMAN
ANDREW WOODS, CATAGEN
KATHRYN WALLS, MILLS SELIG
STEPHEN O’KANE, PWC
JASON JOHNSTON,
CARSON MCDOWELL
MICHAEL ROBINSON, AFBIKARLA DOOEY, ARTHUR COX
GABRIELLE MCARDLE,
BANK OF IRELAND
JOHN MACRAE,
UNIVERSITY OF ULSTER
VINCENT FARRELLY, QUB
CO-FOUNDERS WANTED! EXISTS TO HELP
EARLY-STAGE COMPANIES BUILD STRONG
FOUNDING TEAMS. A BIG PUSH IS NEEDED
FOR MORE POTENTIAL CO-FOUNDERS!
ENGINEERING
LIFE & HEALTH
TECHNOLOGY
SECTORS COVERED:
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25K A
In 2013, innovation’s biggest night was even bigger
than ever, with over 500 attendees at the 25k
Awards in Titanic Belfast. This celebration of tech
entrepreneurship was the end of several months of
competition from dozens of new product companies
submitted by our FE institutions.
In early 2014, following continuous growth and
success, the 25k Awards was fully upgraded and
reborn as:
THE SEARCFOR THE NE
BIG THING
PROGRAMMES
PROGRAMMES
Official sponsor
The new INVENT has a wider remit, now accepting
applicants from outside the academic institutions,
as well as greater prizes and advanced support for
applicants.
More at: http://invent2014.co
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ARDST
[15]
N I S P C O N N E C T A n n u a l R e p o r t 2 0 1 3 / 1 4
C a t a l y s i n g I n n o v a t i o n
-PROAXSIS
Queen’s University Belfast
ProAxsis has created tests that would enable routine
monitoring of patients with chronic conditions
such as cystic fibrosis, either within the clinic or at
home. ProAxsis developed small molecule, peptide-
based inhibitors (Protease-Tags) that serve both
as a means to trap active proteases and to provide
a visual readout of their presence in biological
samples, with applications to protease biomarker
identification.
“WE WERE DELIGHTED TO BE THE
OVERALL WINNERS OF THE 2013
NISP CONNECT 25K AWARD, AS THIS
HAS REALLY ACTED AS A CATALYST
FOR THE DEVELOPMENT OF OUR
COMPANY, PROAXSIS. THE RESULTANT
PR HAS ENABLED US TO ATTRACT
ADDITIONAL AND SUBSTANTIVE
EXTERNAL INVESTMENT, WHICH WILL
ENSURE COMPANY GROWTH”.
Dr Lorraine Martin, Founder of ProAxsis and Senior Lecturer
in Molecular Pharmaceutics, School of Pharmacy, Queen’s
University Belfast
2 0 1 3
T O P T E N
F I N A L I S T S
£25kO VERA
LL
WINNER
20 13
Official sponsor
HIGH TECH
CATEGORY WINNER
-EYE-C-3D
University of Ulster
High resolution camera designed to picture the back
of the eye in three dimensions, to deliver cost-effective
imaging and telemedicine for eye disease.
-XPRESS LF
Queen’s University Belfast
Producing a tyre pressure monitoring system that
uses a smartphone as an activation tool in response to
European legislative changes requiring all cars to be
installed with TPMS.
-
NITE RIDERUniversity of Ulster
Accessory to enable motorcyclists to see further
at night, with the aim of reducing the number of
individuals killed or seriously injured on our roads.
SPONSORED BY
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BIO TECH
25K A
PROGRAMMES
PROGRAMMES
CATEGORY WINNER + OVERALL WINNER
-
PROAXSIS
Queen’s University Belfast
Developing a range of novel diagnostic tests that will
enable routine monitoring of patients with chronic
conditions such as cystic fibrosis, either within the
clinic or at home.
-JENARRON THERAPEUTICS
University of Ulster
Novel hydrogel drug delivery product that, when
applied to an open wound or laceration, results in
painless suturing with improved clinical outcomes and
a superior patient experience.
-DIGITEASE
University of Ulster
Rheumatoid arthritis care and treatment for the hand
through an intelligent wearable data glove system that
quantifies finger joint stiffness and range of movement.
CATEGORY WINNER
-LIOPA
Queen’s University Belfast
Bringing a novel mobile biometric speaker verification
solution to market that can verify user identity by analysing
their viseme profile, a unique biometric characteristic that canhelp prevent theft and identity fraud.
-COLUMBUS
Queen’s University Belfast
Real-time personal travel assistant that provides public
transport users with dynamic, up-to-the-minute information
about their travel plans using powerful new mathematics andnetwork analysis.
CATEGORY WINNER
-
ADFERTECH
Queen’s University Belfast
Low cost, bolt-on device for anaerobic digestion plants
whereby nutrients contained within the waste are
concentrated and processed to form organic granular
fertiliser.
-INKINTELLIGENT
Queen’s University Belfast
Several patented inks that change colour rapidly when
deposited onto a self-cleaning surface using, say, a
marker pen. These are ideal for marketing and quality
control of self-cleaning materials.
CLEAN TECH
DIGITAL MEDIA & SOFTWARE
SPONSORED BYSPONSORED BY
SPONSORED BY
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ARDS
[17]
N I S P C O N N E C T A n n u a l R e p o r t 2 0 1 3 / 1 4
C a t a l y s i n g I n n o v a t i o n
2 0 1 3
T
O P T W E L V E
F
I N A L I S T S
We found the 25k A wa
rds to be an e xhilara ting and
re warding e xperience. I t reall y
helped us focus on our offering and the marke t f
or our technolog y. Since winni
ng the
Sof t ware and Digi tal Media ca
tegor y we sho wcased Liopa a t
Mobile World Congress
and are no w working on our fi
rs t commercial engagemen t
Da vid Crozier, Co-Founder
o f Liopa and Technical Marke ting Manager, CSI T
STEERINGTEAM RONAN CUNNINGHAM,
BANBATECH
NEASA QUIGLEY, CARSON MCDOWELL
NEIL BUCHANAN, FLISH
PAUL DONACHY, QUB
JENNIFER COOK, UNIVERSITY OF
ULSTER
KATHRYN WALLS, MILLS SELIG
ADRIAN O’CONNELL, TUGHANS
DAVID BROWNLEE, HSC
MICHAEL ROBINSON, AFBI
LYNSEY MALLON, ARTHUR COX
NIAMH GRIFFIN, BANK OF IRELAND
PREVIOUSWINNERS2012 – MOF TECHNOLOGIES
2011 – FLISH2010 – LENISAER
2009 – TACTILITY FACTORY
2008 – AFFYON NETWORKS
(TITAN IC SYSTEMS)
2007 – SOPHIA
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PROGRAMMES
STEERINGTEAM ADRIAN O’CONNELL, TUGHANS
HENRY CLEARY, BANK OF IRELAND
DAVID CROFT, DANSKE BANK
CHRIS GUY, MILLS SELIG
LYNSEY MALLON, ARTHUR COX
DAVID MOORE, QUBIS
NEASA QUIGLEY,
CARSON MCDOWELL
FRAMEWORKS
289ATTENDEE
S
2013
ATTENDEES
2013
The Frameworks education series was as
popular as ever. The programme provides
free morning seminars for entrepreneurs and
“wantrepreneurs” to learn business practice
and hear war stories directly from the veterans.
We will be bringing Frameworks on tour
throughout NI in the coming year.
289 attendees at 16 Frameworks Events
289
Our members told us that not enough was being done to tell the world about
the exciting new products being developed in Northern Ireland. To answer
this challenge we launched TechWatch, a new online channel that provides a
showcase of our hottest ventures and the entrepreneurs behind them.
Since launch in September 2013, 22 companies were profiled in the first fewmonths of TechWatch, which received over 35,000 hits online.
TECHWATCH
The programme continues well, with NISP CONNECT as a
programme delivery partner alongside The American Ireland Funds.
NISP CONNECT’s contribution is largely via the volunteer efforts of
Joanne Stuart (Attrus). Participating companies include: Bank of
America, Coca-Cola, KPMG, NYeC, Teneo, CIBC, HBO, Moet Hennessy,
PwC, and UBS.
US-NI MENTORSHIP(AFFILIATE PROGRAMME)
STEERING
TEAM
JOANNE STUART, ATTRUS
FOUNDED BY THE OFFICE OF
DECLAN KELLY
SUPPORTED BY THE
AMERICAN IRELAND FUND
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N I S P C O N N E C T A n n u a l R e p o r t 2 0 1 3 / 1 4
C a t a l y s i n g I n n o v a t i o n
[19]
TOPIC PANELLISTS MAIN SPEAKER #ATTENDED
The VC ProcessStephen Houston, Sophia
Drew O’Sullivan, InterTradeIreland
Alastair Keith & Ivan
Waide, A&L Goodbody8
ExitsGary Hamilton, Omiino
Aidan Langan, Enterprise Equity
Lynsey Mallon, Arthur
Cox13
Licensing
Matthew Forde, Forde Campbell
Oliver Lennon, SpeechStorm
Danny McCaughan, Kernel Capital
Rory Campbell, Forde
Campbell20
Art of the Term SheetDes Speed, PathXL
Danny McCaughan, Kernel Capital
Neasa Quigley, Carson
McDowell
26
CrowdfundingAlan Watts, Halo
Chris McClelland, BrewbotLuke Lang, CrowdCube 50
Entrepreneur + Equity = GrowthMichael Black, Intel
Gawain Morrison, SensumAlan Watts, Halo 20
Stock OptionsBob McGowan-Smyth, Crescent Capital
David Patterson, SophiaColin Piggott, PwC 13
IP: Tactics for Startups Cherrie Stewart & Marie Walsh, AnsonsCherrie Stewart &
Marie Walsh, Ansons20
Entrepreneur + Equity = Growth
(CIDO)
Michael Black, Intel
Danny Turley, Performa Sports Alan Watts, Halo 15
Selling AbroadJonny McClintock, CSR
Brian Cummings, Enterprise Equity
Henry Cleary, Bank of
Ireland10
SBRI masterclass (UU, Magee
campus)
Lorraine Acheson, Acheson Consulting
Ronan Cunningham, BanbatechPat Doyle, Invest NI 17
Strategic AlliancesJim Shields
Robert Grundy, Almac
Adrian O’Connell,
Tughans13
SBRI masterclassLorraine Acheson, Acheson Consulting
Ronan Cunningham, BanbatechPat Doyle, Invest NI 21
How to Get Value from the Bank Aidan Langan, Enterprise EquityJeff Wylie, KANA
Niall Harkin, DanskeBank
15
The New Startup Model (partnered
with CSIT for World Cyber Security
Technology Research Summit)
Alex Van Someren, Amadeus Ventures
Zach Tudor, SRI International
Elisabetta Zaccaria
Danny McCaughan, Kernel Capital
Jon Bradford, TechStars 14
The Greatest Problems waiting for
Entrepreneurs to Solve (partnered
with CSIT for World Cyber Security
Technology Research Summit)
Martin Borrett, IBM
Jon Bradford, TechStars
Andrew Tyrer,
Technology Strategy
Board
14
FRAMEWORKSCALENDAR OF EVENTS 2013/2014
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PROGRAMMES
STEERING TEAM
VICKY DUMMIGAN, TUGHANS
BOB MCGOWAN-SMYTH, CRESCENT CAPITAL
BRIAN MCKIMM, KPMG
CAROLINE MCGORAN, UNIVERSITY OF ULSTER
CHRIS GUY, MILLS SELIG
DENIS MURPHY, ANAEKO
DREW O'SULLIVAN, INTERTRADEIRELANDFRANK BRYAN, QUEEN’S UNIVERSITY BELFAST
IAN BEATTY, DANSKE BANK
JENNIFER FERGUSON, ARTHUR COX
MARK CUNNINGHAM, BANK OF IRELAND
NEASA QUIGLEY, CARSON MCDOWELL
This event series educates entrepreneurs in an
informative and entertaining environment in front of a
diverse audience of Northern Ireland’s business leaders
and technologists, as well as capital and service providers.
Enterprise Forum provides access to world-class market
intelligence and a distinctive perspective on today’s most
challenging business issues facing startups, by producing
forums and case study presentations featuring Northern
Ireland’s most exciting, emerging growth technology
companies. Enterprise Forum creates an opportunity for
science and technology sector leaders across all industries
to connect in a relaxed and inspiring setting.
SPECIAL EVENTSIBM SmartCamp Programme Launch
Intelligent Energy Systems
NISP CONNECT Stakeholder Lunch
Media Tech Cluster Forum
Andy Hopper VIP Visit
Open Data Institute & National Archives
Discussion on Open Data
The Frontiers in Science & Technology lunchtime
lectures series entered its second year in 2013-14.
Each event saw one of NI’s three primary furthereducation institutions put forward a speaker to
present on groundbreaking, world-class research.
The quality and significance of the content allowed
us to draw a first-rate influential audience of
business leaders, academics and public servants.
We created Frontiers to answer a need for greater
promotion of our best research, and the star
researchers leading it. With recent expansions of
some of the universities’ activities in this area, the
programme has now been adapted to focus on theAgri-Food & Biosciences Institute.
LUNCHTIMELECTURESSmart Vaccines: Revolutionising Drug Delivery in Animal Health
Dr Michael Welsh, Head of the Virology Branch and Fish Disease Unit of
the Veterinary Sciences Division at the Agri-Food & Biosciences Institute
3D Composite Weaving: Creating Fabrics and Shapes Stronger than
Metal, Lighter than Gossamer
Axis Composites, a University of Ulster spin-out
iGrass 2.0 (high-strength polymer composites made from plant material)
Prof Shekhar Sharma, Head of the Plant Health and Environmental
Protection Branch at the Agri-Food & Biosciences Institute
VC FORUM
E N T E R P R I S E F O R U M
VC Forum was created to build relationships with institutional
venture capital investors outside of Northern Ireland and, together
with local venture capitalists, showcase Northern Irish companies
looking to raise A, B or C rounds of investment of between £500K
and £5M. With a dealflow pipeline of predominantly seed-stage
companies in Northern Ireland, it was decided to “park” the VC
Forum programme until the pipeline of companies in NI matures
further. NISP CONNECT still facilitates bespoke visits of venture
capital investors in Northern Ireland on an as-and-when basis.
FRONTIERS IN SCIENCE & TECHNOLOGY
STEERING TEAM
PASCHAL MCCLOSKEY,QUEEN’S UNIVERSITY BELFAST
JOHN MACRAE,UNIVERSITY OF ULSTER
MARGARET PATTERSON, AFBI
DAVID LYNESS,CARSON MCDOWELL
NEIL HENDRON, ARTHUR COX
KATHRYN WALLS, MILLS SELIG
NIALL DEVLIN, BANK OF IRELAND
STEERING TEAM
NEASA QUIGLEY,CARSON MCDOWELL
EDDIE FRIEL,UNIVERSITY OF ULSTER
RICHARD FULTON,MILLS SELIG
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Each year the previous honourees review nominations and select the ‘Innovation Founder’
recognising a person who has achieved distinction in founding, leading or building a Northern Irish
life sciences or technology-based business and has contributed to our region to build and shape
our local economy and significantly improve our quality of life.
N I S P C O N N E C T A n n u a l R e p o r t 2 0 1 3 / 1 4
C a t a l y s i n g I n n o v a t i o n
[21]
The Innovation Founder of the Year Award goes to a
company founder in Northern Ireland who has made an
exceptional impact on the world. We want to recognise
these heroes of innovation.
The 2013-14 Innovation Founder of the Year Award
Winner is
PETER FITZGERALDManaging Director of Randox Laboratories Ltd, one of the fastest growing diagnostic companies
in the world. Dr FitzGerald was working in the research department of Queen’s University Belfast
when his passion for science and his observation of the ‘brain drain’ of young talented scientists
prompted him to set up a local manufacturing facility for diagnostic products.
Starting in 1982 with six people, including three family members, he has grown the business to
employ over 1,200 staff across headquarters in Northern Ireland and in Randox offices distributed
worldwide. The focus has been on the development of better, more sensitive tests for existing
diagnostic parameters, and keeping abreast of new trends and developments by devoting 30% of
the company’s revenue to research.
INNOVATIONFOUNDEROF THE YEAR
Official sponsor
SPONSORED BY
PREVIOUS WINNERS
2012TOM EAKIN
2011DR HUGH CORMICAN
2010PROF JOHN ANDERSON
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MEMBERSHIP
MEMBERSHIP
NI KNOWLEDGEECONOMY INDEX
STEERINGTEAM
SCOTT RUTHERFORD
QUEEN’S UNIVERSITY
BELFAST
TIM BRUNDLE,
UNIVERSITY OF ULSTER
RICHARD FULTON
(MILLS SELIG)
ALAN BISSETT,
ARTHUR COX
GILLIAN BREAKEY,
BANK OF IRELAND
MICHAEL MCCORMACK,
BT
NORMAN APSLEY,
NORTHERN IRELAND
SCIENCE PARK
It’s not enough to have a shared vision for the transformation of Northern Ireland’s
economy by 2030. We need to set specific targets and we need to know how well the
region is performing each year. We worked with leading research consultancies and
over 170 local stakeholders to achieve this. The result is the NI Knowledge Economy
Index (“KEI”).
The annual KEI Report tracks the health of the Northern Ireland innovation economy
by comparing data year-on-year and against other regions, and monitoring availabilityof capital. The data helps policymakers and trade organisations plan and advocate
effectively for sufficient workforce housing, transportation solutions, zoning and
availability of resources. The Report also serves as a recruiting and retention tool,
demonstrating to research, leadership and management talent from around the world
that Northern Ireland is a leading centre for innovation.
And guess what this year’s said? Things are better than we thought they were!
2030
ASPIRATIONAL
TRAJECTORY
£1.05 BILLION TOTAL SPENDON R&D
£90 MILLION VENTURECAPITAL INVESTEDANNUALLY
71,250 SCIENCE &TECHNOLOGY GRADS
71,250 KNOWLEDGEECONOMY TOTAL EMPLOYEES
7,000 INNOVATIONBUSINESSES
500 NEW INNOVATIONSTARTUP COMPANIESREQUIRED ANNUALLY
KNOWLEDGEECONOMY INDEX TARGETS
Baseline
2009
Most Recent
Data 2011
2015 2020
Aspirational Trajectory
2030
£600M
£21M
60,980
41,030
2,940
260
£730M
£34M
64,230
57,500
3,920
320
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[23]
If we are to develop a thriving economy as a
legacy for future generations, we need to help
build our future leaders today. Generation
Innovation seeks a yearly intake of the region’s
16-17 year-olds with the highest potential in the
new economy.
Each year’s new batch is welcomed at a majorevening event, where we aim to inspire them with
a big headline star from the tech world. This year
was a real coup. Tyrone-born Sarah Friar, CFO of
Square, was livestreamed from California in front
of 120 Generation Innovation alumni. She was
joined by a surprise guest, her boss Jack Dorsey –
co-founder of Twitter and Square.
Generation Innovation alumni are becoming an
integral part of the NISP CONNECT community,
regularly attending our events and contributing to
the development of our future direction. Vital to
the success of the programme are the dozens of
schools who nominate and support their students
each year – thank you one and all!
Also each year we ask a leading NI production
company to take the baton and create a video
that helps to inspire people to the Generation
Innovation cause. This year Flickerpix & Waddell
Media generously contributed.
GENERATION
INNOVATION
Supported by:
N I S P C O N N E C T A n n u a l R e p o r t 2 0 1 3 / 1 4
C a t a l y s i n g I n n o v a t i o n
STEERINGTEAM LYNSEY MALLON, ARTHUR COX
BILL CONNOR, SENTINUS
LIGUORI DOBBIN, BANK OF IRELAND
CAROL FITZSIMONS, YENI
TONY GALLAGHER, QUB
MICHAEL IEVERS,
STRANMILLIS UNIVERSITY COLLEGE
JOHN MCGUCKIAN, TUGHANS
REBEKAH NEVIN, CARSON MCDOWELL
JOANNE STUART, ATTRUS
KATHRYN WALLS, MILLS SELIG
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A HUGET
DIRECTORY
DIRECTORY
STAKEHOLDERSAlan Watts,HaloAnn McGregor,NI Chamber of CommerceBill Connor,SentinusBrendan McGoran,Belfast City CouncilBrian Hunter,CIDOBryan Keating,MATRIXCarol Fitzsimons,Young Enterprise NorthernIrelandCaroline McGoran,University of UlsterCiaran McGarrity,DETICiaran Sheehan,Clarendon ExecutiveDenise Murtagh,Queen’s University BelfastDerek Hanway,Schools EmployersConnections
Eoin McFadden,DETIGrainne McVeigh,Northern Irish ConnectionsGrainne Lennon,InterTradeIrelandIan Jeffers,Prince’s TrustIvor Gibson, Northern Ireland Assemblyand Business TrustJayne Brady,Kernel CapitalJohn Miller,Invest NI
John Andy Bonar,Letterkenny Institute ofTechnology (LYIT)Jonathan Wallace,University of UlsterKaren Orme,South Eastern RegionalCollegeKirsty McManus,CBILeslie Orr,ADSLinda Brown,IODLiz Conlon,
Institute of Physics IrelandMark Nagurski,CultureTECHMary Trainor-Nagele,Arts & Business NI
Mary Walshok,San Diego CONNECTMichael Bell,N. I Food & DrinkAssociationMichael Noble,Momentum NINicholas O’Shiel,Omagh EnterpriseCompany LtdNigel Smyth,CBIPat Doyle,
Invest NIPatsy Donaghy,Letterkenny Institute ofTechnology (LYIT)Paul Clancy,HaloPaul Beaney,University of UlsterPeter Donnelly,BioBusiness NIRichard Williams,Northern Ireland ScreenRob McConnell,SQSRoger Pollen,
Federation of SmallBusinessRoseann Kelly,Women in Business NIScott King,NIACESheree Atcheson,Women Who Code BelfastShirley McCay,Belfast City CouncilSinead McLaughlin,The Londonderry Chamberof CommerceStephen Wray,Queen’s University Belfast
FEATURED ONTECHWATCHWrite to ReadVaccine TabsSixty-5BeaconPhlokSee.Sense.BriefedGet TogetherInkIntelligentAnaekoRotorPatchblocksLewis FertilityTactility FactorySian’s PlanSophiaCommander Securities
SiSafGoReportPerforma SportsProofpoint EssentialsTaggledAnalytics EnginesLearning PoolSensumMicrosenseMOF TechnologiesKomodoDisplayNoteTitan IC Systems
SPRINGBOARDEntrepreneurs-in-Residence (EiRs)*Andrew Walmsley,Director, EasonsSinclair Stockman,CIO, BTDes Speed,CEO, Lagan TechnologiesDenis Murphy,CEO, AnaekoJG Doherty,CEO, AmphionLes Curran,CEO, KelsiusDick Milliken,CFO, AlmacMichael O’Neill,COO, First DerivativesGareth Dunlop,CEO, TibusSteven Gunning,CEO, TomcatRoger Johnson,VP, BD MeridioAlan Watts,Founder, YeloJude Lynch,
COO, O2 IrelandClare Passmore,CTO, GalenBrian Baird,CEO, MeridioBrendan Colgan,CEO, ESABKarl Mulligan,VP, Almac DiagnosticsMichael Black,MD BCO CFO, Blue ChipPaula Glossop,CEO, Sentry ITDarren Craig,CEO, IVM Europe
Michael Keltai,MD, Nokia Networks,BrazilEoin Lambkin,Owner, Groupe-Intellex
Ronan Cunningham,Founder, BanbatechAislinn Rice,Sales Director, AndorTechnologyStuart Harvey,Founder, Harco Technology
Domain Experts
Investment/Funding
Neil Simms,Clarendon Fund ManagersDanny McCaughan,
Kernel CapitalDavid McCurley,WhiteRock CapitalColin Walsh,Crescent CapitalDeirdre Terrins,Crescent CapitalBoyd Carson,Sapphire Capital PartnersBob McGowan-Smyth,Crescent CapitalCaroline McGoran,University of UlsterVicky Dummingan,TughansHal Wilson,Fastnet VenturesAlan Watts,HaloSimon McMullen,KPMG
Product Development
Roberto Fagnani,Biotechnology BusinessSolutionsMoira Burke,Burke Business SolutionsLtdJoseph Donoghue,
Leardon SolutionsTim Harrison,Almac DiscoveryPaul Millar,Horizon Two Six LtdAubrey Sayers,Altos Solutions
Corporate Finance
Paul Currid,Keenan Corporate FinanceCraig Holmes,Horwood & HolmesCorporate FinanceAngela Reavey,
Capaxo LtdGary Shannon,BDOPaul Hollway,KPMG
Graham Stewart,PwCKeith Jess,Ernst & YoungNoel Culbert,PwCAlan Taylor,Arthur CoxRichard Graham,RG & Co
Legal & Regulatory
Dawn McKnight,
Carson McDowellLynsey Mallon,Arthur CoxNeasa Quigley,Carson McDowellKathryn Walls,Mills SeligChris Guy,Mills SeligKerry McCorkell,TughansMarie Walsh,AnsonsBob Beckham,Beckhams IP (Defence)
Alan Bissett,Arthur Cox (Cleantech &Renewables)John McGuckian,Tughans
Marketing
Norbert Sagnard,Sagnard AssociatesBarry Hagan,Barry Hagan AssociatesTeresa O’Loughlin,think6Paul Harding,Meltem Export
Siobhan Gallagher,Shout!Stephen Jemphrey,J I ConsultingJulie Taylor,Integrity NI
GENERATIONINNOVATION:Attending TechFoundersAaron Taylor,Co-founder & CEO,GoPrezzoBrian Baird,
Director, ReplifyClare Passmore,Founder, AttuneWomenswearDavid Patterson,CEO, Sophia
*Job titles are often previous positions held, as many EiRs are giving back to the community after leaving prominent jobs
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ANKS TODenis Murphy,CEO, AnaekoDiarmuid Moloney,Founder, RotorGareth Dunlop,CEO, FathomGawain Morrison,CEO & Co-founder,SensumGerard McBreen,Co-founder, Komodomath.comGreg Maguire,
Co-founder & CEO,InlifesizeHugh Cormican,CEO, Cirdan ImagingIan Scott,Founder, TaggledJonny Campbell,Creative Lead, BrewbotKevin Logue,Managing Director, UproarComicsKevin McGrath,Co-founder, BeaconKyle Gawley,CEO, Get Invited
Lorraine Martin,CEO, ProAxsisLuke McNeice,Technical consultant,KainosMal Duffin,Owner, CanDo 3DMary McCall,Founder & MD, Treat TicketOliver Lennon,CEO, Speech StormPatricia O’Hagan,CEO, Core SystemsPaul Brewster,CTO, Pure MarineRonan Cunningham,Founder, BanbatechRory O’Connor,Director, The Creativity HubRuth Morrow,Co-founder, TactilityFactorySebastian Heinz,MindfloodSheena Lewis,CEO, Lewis Fertility TestingSteve Brankin,CEO, AsiduaStevie Morrow,
CEO, WorldDeskTom Griffiths,Founder, The AcornIncubator
Trish Belford,Co-founder, TactilityFactoryVincent Breslin,Co-founder, SiansplanWilliam Barr,Director, BillygoatEntertainment
Participating SchoolsAquinas DiocesanGrammar School,BelfastAssumption GrammarSchool, BallynahinchAntrim Grammar SchoolBallyclare High SchoolBallyclare SecondarySchoolBallymena AcademyBanbridge AcademyBangor AcademyBelfast High SchoolBelfast Model School ForGirlsBelfast Royal AcademyBrownlow IntegratedCollege, Craigavon
Cambridge HouseGrammar School,BallymenaCampbell College,BelfastChristian BrothersGrammar School,OmaghColeraine High SchoolCollegiate GrammarSchool, EnniskillenCrumlin IntegratedCollegeDalriada School,Ballymoney
De La Salle College,BelfastDe La Salle High School,DownpatrickDominican College, BelfastDown High School,DownpatrickEdmund Rice College,NewtownabbeyFort Hill College,LisburnFriends’ School,LisburnGlenlola Collegiate School,
BangorGrosvenor GrammarSchool, BelfastHazelwood IntegratedCollege,Newtownabbey
Hunterhouse College,BelfastLagan College,BelfastLarne Grammar SchoolLaurelhill CommunityCollege,LisburnLimavady GrammarSchoolLismore ComprehensiveSchool,Craigavon
Lisneal College,Derry~LondonderryMalone IntegratedCollege, BelfastMarkethill High SchoolMethodist College,BelfastMount Lourdes GrammarSchool,EnniskillenNew-Bridge IntegratedCollege,BanbridgeNewtownbreda HighSchool, Belfast
Northern Regional CollegeOmagh AcademyOur Lady and St Patrick’sCollege,KnockOur Lady’s GrammarSchool, NewryPortadown CollegePortora Royal School,EnniskillenRainey Endowed School,MagherafeltRathmore GrammarSchool, BelfastRegent House School,NewtownardsSacred Heart College,OmaghSt Brigid’s College,Derry~LondonderrySt Catherine’s College,ArmaghSt Cecilia’s College,Derry~LondonderrySt Colman’s High School,BallynahinchSt Columb’s College,Derry~LondonderrySt Joseph’s High School,
CrossmaglenSt Killian’s College,BallymenaSt Louis Grammar School,Ballymena
St Louis Grammar School,KilkeelSt Malachy’s College,BelfastSt Mary’s ChristianBrothers’ GrammarSchool,BelfastSt Mary’s High School,LurganSt Mary’s High School,LimavadySt Patrick’s Bilateral, Co-
Ed College,MagheraSt Patrick’s High School,KeadySt Patrick’s High School,LisburnSt Paul’s High School,BessbrookShimna IntegratedCollege, NewcastleSouth Eastern RegionalCollegeSperrin IntegratedCollege, MagherafeltStrathearn School,
BelfastSullivan Upper School,HolywoodThe Royal BelfastAcademical InstitutionThe Royal School,ArmaghThornhill College,Derry~LondonderryUlidia Integrated College,CarrickfergusVictoria College,BelfastWallace High School,LisburnWellington College,Belfast
25K AWARDSMentorsAisleen RiceEoin LambkinJulie TaylorChris LomasNorman ApsleyAndrew WalmsleyBrendan MooneyJude LynchMichael Keltai
Aidan LanganIan McCannStephen SimpsonTristan Brittain DissontColin WalshBrian Cummings
Ann-Marie SlavinGary HamiltonHal Wilson
Judging Panel Bryan Keating,MATRIXCiaran McGivern,Bank of IrelandCaolan Small,DowJonathan White,AnsonsDaniel Crowley
,VCJim McIlroy,ActavisMichael Crossey,Intel
ENTERPRISEFORUMPanellistsRory Caren,IBMAndy Hopper,Prof of ComputerTechnology & Head of the
University of CambridgeComputer LaboratoryMervyn Middleby,BBC Northern IrelandMark Taylor,BBC Northern IrelandShane Fitzpatrick,BBCRichard Stirling,Open Data InstituteCarol Tullo,The National ArchivesEoin McFadden,DETIStephen Sloan,
Momentum NIBen Greene,SAP
INNOVATIONFOUNDER OF THEYEARJudging PanelCiaran McGivern,Bank of IrelandDr Hugh Cormican,Innovation Founder of theYear 2011/12Tom Eakin,Innovation Founder of theYear 2012/13Norman Apsley,NISP
[25]
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NISPTRUSTIN ORDER TO SUPPORTTHE REGION’S ECONOMIC
DEVELOPMENT MORE FULLY,WE ARE DRIVING TOWARDSFINANCIAL INDEPENDENCE.This will allow us greater freedom
of action and voice, and more
alignment with the private sector
entrepreneurs we strive to serve.
The recently established NISP
Trust is a platform for philanthropic
support to aid Northern Ireland’s
growth into a thriving knowledge
economy.
Some of the fantastic private sector entrepreneurs we strive to serve.Photo corteousy of: Suki Dhanda // www.sukidhanda.com // Observer Tech Monthly
WE’RE
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N I S P C O N N E C T A n n u a l R e p o r t 2 0 1 3 / 1 4
C a t a l y s i n g I n n o v a t i o n
[27]
FINANCIALSFUNDING 2013-14 2012-13 2011-12
Membership 133,195 126,000 125,000
Sponsorship 74,820 78,142 65,937
NISP / NISP Trust 23,000 0 0
Grant (DETI) 174,902 208,837 216,536
Total Income 405,917 412,979 407,473
COSTS 2013-14 2012-13 2011-12
Programme costs 116,070 121,410 119,400
Other costs 71,413 60,141 71,537
Salaries 218,434 224,064 216,536
Total Costs 405,917 405,615 407,473
SURPLUS / DEFICIT 0 7,364 0
NISP CONNECT Income & Expenditure for three years to year ending 31/03/14 (all figures in £)
WINNING...BELFAST WAS RECENTLY FEATUREDIN THE OBSERVER AS A LEADINGUK STARTUP CITY, WITH NISPCITED AS A KEY ASSET.
WANT TO KNOW MORE?
@NISPCONNECT+44 (0) 28 9073 7800
WWW.NISPCONNECT.ORG
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ENQUIRIES TO:TRUDY PARRYSPECIAL EVENTS ANDPROGRAMME CO-ORDINATOR,NISP CONNECT
+44 (0) 28 9073 7800
The Innovation Centre
Northern Ireland Science Park
Queen’s Road
Queen’s Island
Belfast BT3 9DTMore at: www.nispconnect.org
European Union
NISP CONNECT IS PROUDLY PART-FUNDED BY
THE EUROPEAN REGIONAL DEVELOPMENTFUND UNDER THE EUROPEAN SUSTAINABLE
COMPETITIVENESS PROGRAMME FOR
@NISPCONNECT
+44 (0) 28 9073 7800
WWW.NISPCONNECT.ORG
NISP CONNECT is an independent, non-profit
organisation that supports the development of
innovative technologies and early-stage companies
through a series of educational seminars,
mentorship programmes, capital competitions, and
public policy advocacy.
The programmes are driven by the findings of the
Northern Ireland Knowledge Economy Index (KEI)
and are guided by the pro bono contributions of
experienced entrepreneurs and executives.
NISP CONNECT accelerates the growth of knowledge-
based companies by acting as an honest, neutral
broker and aims to catalyse the commercialisation of
world-class research and intellectual property. A joint
effort between Northern Ireland’s academic research
base, the University of Ulster, Queen’s University
Belfast, the Agri-Food and Biosciences Institute,
and Northern Ireland’s private sector, the CONNECT
programmes are designed to facilitate a culture of
collaboration between the region’s highest quality
science and technology entrepreneurs, research
institutions, professional services providers and
investors.
BASED AT: