The launch of the Excellence and Impact 2020 strategy plots the course for Limerick University to increase the number of spinouts created at the university.
Limerick University has launched its research and innovation strategy which plans for a 25% increase in spinouts and the creation of commercialisation and entrepreneurship training for all staff and students.
The strategy, called Excellence and Impact 2020, was launched by Damien English, minister for skills, research and innovation in the Republic of Ireland’s government.
Limerick will offer commercialisation and entrepreneurship training for all staff and students on top of offering an enterprise boot camp to second and third level students.
The strategy is based on four goals: research excellence, research impact, investing in people and international reach. Specific aims include increasing the number of doctoral enrolments, increasing research publications in journals and doubling the income from European funding.
Mary Shire, vice-president of research at Limerick University, said: “Our new strategy focuses on research excellence and leveraging our position as the leader in translational research and partners of choice for industry while extending our global reach.
“We have a good track record for such a young university and with this strategy we are refocusing. Our outlook will be international, our ethos will be excellence with impact and our approach will be innovative.”
English said: “Limerick University has for long been regarded as a university of enterprise in the Irish university landscape, positioning itself close to the needs of the enterprise base in Ireland, and this new research and innovation strategy is seeking to build on that innate capability.”
