NEXUS – INNOVATION CENTRE UNIVERSITY OF LIMERICK
Nexus is a purpose-built Innovation Centre at the heart of the University of Limerick in Limerick, Nexus seeks to develop and sustain a vibrant entrepreneurial eco-system, which: leverages the University’s knowledge base; enables accelerated business development; and makes connections with potential investors, experienced entrepreneurs and the wider community who in-turn share their own invaluable experiences with one another. Although still relatively new the Centre is developing to plan, with a strong community and collaborative spirit already flourishing amongst the start-ups on-site.
Since Nexus opened in November 2011, Nexus has expanded to 32 member companies.
The Nexus Innovation Centre is an integral element of the Univeristy of Limerick’s Technology Transfer Office (TTO). Paul Dillon, Director of the TTO, University of Limerick says “The University of Limerick’s Strategic Plan is written at a time when rapid social change and a fast-moving policy agenda pose new challenges to universities. Our vision is to be internationally known as a distinctive, pioneering and connected institution that provides outstanding student experiences, actively engages in research and is globally and locally connected in terms of its contribution to economic, social and cultural life.
By focusing on convergent translational research, fertile new fields of knowledge will emerge and the application of research outputs will be accelerated. We will achieve this goal by collaborating with strategic partners; contributing to social and economic development through the rapid translation of research and promoting a culture of entrepreneurship. We will, adopt a knowledge transfer and commercialisation strategy that enhances our contribution to economic and social development and provide incentives for convergent research initiatives.
- Promote job creation and economic development
- Collaborate with industry, engage in incubation activities, enhance skill levels and create spin-out companies as well as contribute to regional development
- Gateway for the external community to tap into the knowledge and intellection capital of this institution