MORE THAN 200 jobs will be created in the new DCU Innovation Campus, a national centre for innovation for start-ups, SMEs and larger companies in the Cleantech sector.
The sector is one of the fastest growing areas of economic activity and is worth more than €3 billion globally.
Commenting at the opening of the new campus today, Minister for Jobs, Enterprise and Innovation Richard Bruton said the green economy is a sector targeting as part of the government’s plan for jobs and growth and the new campus will play a “key role”.
“Today’s initiative is a great example of using scarce state resources in smart ways to drive job creation, and provides a model of what we must do across government if we are to create the jobs we need,” he said.
The Innovation Campus will now be part of DCU’s contribution to the development of the Green Way, a collaborative venture established by industry, academic institutions and public/semi state players in the north Dublin region to create jobs and trade opportunities through its internationally recognised Cleantech cluster.
Today Minister Bruton also launched UStart, a new accelerator programme to stimulate entrepreneurial talent among third-level students. This start-up programme will invite multidisciplinary teams of university students to develop and present a business idea. The successful teams receiving up to €10,000 seed funding, office space in DCU Innovation Campus and mentoring from experienced professionals during the accelerator programme in summer 2013.