Home Industry New Ventures

Entrepreneurship and Innovation

​At Tyndall National Institute, entrepreneurship and innovation have always been important ​and as Ireland’s leading ICT research Institute we are acutely aware of our responsibility to support​ disruptive innovation, which results in the generation of value-added economic activity.​

‘New Ventures’ at Tyndall refers to all innovation and entrepreneurship activity which ​typically manifests in the form of spin-outs and start-ups but which also includes spin-ins, accelerator programmes ​and innovation facilities. ​

​

Our Vision

Our New Ventures culture and supports ensure that, through proud association, generations of ​Tyndall founders maintain a lifelong relationship with Tyndall and UCC, including ongoing research, commercial engagements and philanthropic endeavours. ​

We work very closely with our colleagues in UCC Innovation to give new ventures the best start in life. Tyndall’s new ventures team is looking to support motivated individuals that are keen to explore the commercial potential arising from their deep-tech research activities.​

Spin-Outs

An incorporated entity, the formation of which has arisen from research activity undertaken in Tyndall and that has resulted in the creation of Intellectual Property (IP). The Research Providing Organisation (RPO) will execute a licence for this IPR and will hold equity in the spin-out.​

Learn More
Spin-Ins

An incorporated entity which, at the time of formation, satisfies one of the following criteria:

  • Was dependent on the exploitation of specific Intellectual Property Rights (IPR) originating from the RPO, and the RPO will have executed a licence to the spin-in company for the IPR and/or will hold equity in the spin-in company.
  • Has an established presence at Tyndall in order to benefit from a research alignment with Tyndall.
Learn More
Incubation​

A sole trader or incorporated entity, that has established a presence at Tyndall in order to benefit from a business alignment with Tyndall.

In the case of ESA BIC (Business Incubation Centre) Ireland client companies this is an incorporated entity, which is less than 5 years old, that has been selected to participate in the ESA BIC Ireland initiative, of which Tyndall is the incubating Consortium Partner.

Tyndall plays host to a number of deep tech innovation companies. Our incubation facilities are housed in Lee Mills House, on the Tyndall campus.

Learn More
Explorer​ Programme

Explorer is a deep-tech pre-commercialization programme. This programme supports researchers that are developing deep tech solutions to evaluate the commercial merits of their innovations and to learn about what is involved in the commercialization of technology.​ To find out more please email the team – [email protected]

Learn More
ESA BIC Ireland​

ESA BIC Ireland offers technical, business, financial and incubation support to startups that operate across the business spectrum and that are developing applications that utilise space technology/assets/resources or which can actually be used in space.​

Learn More
Training and Education​

An important part of our new ventures’ philosophy is to develop entrepreneurial thinking and entrepreneurial mindsets across Tyndall, with a particular focus on our graduate students and early careers researchers. There are many ways in which Tyndall staff can engage in these activities. ​

Learn More
Philanthropic opportunities ​

Tyndall offers opportunities for individuals and corporations to become involved in capital development and heritage projects, as well as academic and research programmes. ​

Learn More

Business Partners

At Tyndall we are always on the lookout out for prospective business partners or advisers that can work with and support our deep tech spin-out prospects. A common issue that affects commercialisation projects is how to attract and introduce people with relevant commercial experience to support developing startup teams. ​

We have teams of technically brilliant founders but they often need to onboard a commercial person that can act in one of the following capacities: ​

  • A Commercial Lead or Partner to join the research team during a Commercialisation Fund project or when a spin-out a company is established​
  • A mentor/adviser to help guide the researchers at an early stage in the development of the business proposition​

If you are interested in finding out more about the opportunities that exist to work with Tyndall commercialisation teams, please Contact​ Us.

Entrepreneurs in Residence

Tyndall’s Entrepreneur In Residence (EIR) Programme provides researchers at Tyndall with an opportunity to explore their business proposition with experienced entrepreneurs who will provide valuable guidance and mentorship at a very early stage in the lifecycle of the proposition.​

​Our current EIRs are Declan O’Mahony, Denise Tormey and  ​Joe O’Keeffe.

Declan O’Mahoney

Declan O’Mahoney, an engineer and entrepreneur based in Ireland with extensive international experience in developing technology companies.

Denise Tormey

Denise Tormey is the President & Co-Founder of PlanNet21 Group. She is a Chartered Accountant by profession. Denise bootstrapped her company to a hugely successful global technology provider which enables businesses transform their IT. 

Joe O’Keeffe

Joe is an experienced entrepreneur & founder of multiple start-ups. He was until recently, VP of Display Research at Meta, with responsibility for all display and optics-related technology development and productization for Facebook’s AR, VR and Portal products. 

Interested in our New Ventures ?

Get in touch