Five new UCD spin-out companies were established in 2011. This brings to 19 the total number of UCD spin-outs incorporated in the last five years. The five new firms plan to employ in excess of 50 people by the end of 2013.

Other key facts about UCD’s commercialisation results and Nova UCD:

* 44 new inventions were generated by UCD researchers during 2011 bringing to 295 the number of inventions disclosed since 2007.

* UCD filed 36 patent applications, including 18 priority, 8 PCT (patent co-operation treaty) and 10 national/regional applications during 2011.

* A total of 91 priority patent applications have now been filed by UCD in the last 5-years.

* 17 licence agreements were concluded by UCD in 2011 with a range of indigenous and international companies bringing to over 50 the number of licences concluded since 2007.

* 187 new ventures and 289 individuals have now completed the NovaUCD Campus Company Development Programme which has run annually since 1996.

* 37 high-tech and knowledge-intensive companies, employing over 200 people, are currently based at NovaUCD.

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