Both the number of spin-outs created and the level of funding invested should increase by 2020.
Institutes of Technology Ireland, the country’s umbrella organisation of technology transfer companies, is hoping to double the number of university spin-outs and the level of funding they receive by 2020.
The institutes are currently generating about €40m ($54m) to €50m ($68m) in external research funding per year. The organisation aims to double that figure over the next five years, while increasing the amount raised from industry and reducing the money coming from public actors such as Enterprise Ireland and the…
