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NewsHighest ever number of spin-outs from TCD

Highest ever number of spin-outs from TCD

Highest ever number of spin-outs from TCD

10.03.2010
Ten new spin out companies commercialising research carried out at Trinity College Dublin (TCD) were approved as campus companies during 2009.

These companies will exploit the latest technologies in bioscience, physical science and information and communications technology.

The Government investment in research and innovation, through Enterprise Ireland’s Technology Transfer Strengthening Initiative (TTSI), has had a significant impact in the formation of these companies, according to Dr James Callaghan, associate director of Trinity Research and Innovation.

“The resulting growth of expertise in the Technology Transfer Office, which facilitated the formation of the companies, has enabled greater commercialisation of Trinity’s world-class research achieving in 2009 the highest annual number of spin out companies by the College to date.”

Educational software spin-out

An example of one of the spin-out companies is Gofer ICT, a mathematics educational software start-up which is developing a new approach to mathematics learning for Irish Leaving Certificate students.  The aim of Gofer is to make students become confident, creative users of mathematics. .The material being developed will be ready for testing by students and teachers in Ireland and India later this year, with commercial release planned in 2011. 

In 2009, the TCD Technology Transfer Office received 47 invention disclosures; 22 new patent applications were filed and six licence agreements were concluded by TCD.

 

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