INNOVATION IN BUSINESS CENTRE AT GMIT, GALWAY

The Innovation in Business Centre (IiBC) at the Galway-Mayo Institute of Technology Dublin Road Campus, is a strategic resource for new start-up companies. 

The IiBC supports the development of new enterprises in the region by providing incubation space and business development supports for the nurturing of new ideas and the commercialisation of applied research. It is another step in GMIT's innovative approach towards facilitating learning and economic development in the Galway region.

The 1125 sq. m. three-story building in Galway city opened for business in May 2005. Supported by Enterprise Ireland, the IiBC has 19 Incubation Units ranging in size from 18 to 60 sq. m. for start-up companies. The Innovation Centre has a Concept Desk Space facility to support entrepreneurs who have a good idea for a new business venture, which may in time develop into a project for the incubation units.  The Centre also has an MWEP Desk Space facility.  This is a one year innovative enterprise support programme that targets individuals with commercial experience in starting their own high-potential, knowledge-intensive business.

Reception area of IiBC Galway

The IiBC enables companies to work in a secure, innovative, entrepreneurial environment as they progress through the various stages of a new company start-up. A range of business development supports is available for client companies such as financial, legal, sales, marketing and export development including mentoring and networking facilities.   

Current client companies located at the IiBC, Galway include the following industry sectors - Software Development, eDocument Solution, Radio Frequency Identification Device (RFID) Asset Tracking, Environmental Products, Integrated Circuit Testing Methodology, Medical Device Research & Development, Renewable Energy e.g. Biodiesel. These are just a few of the projects by start-up companies supported and nurtured by GMIT's new Innovation in Business Centre (IiBC), Galway. 

Boardroom in IiBC Galway

Supporting new start-up with added value research is a key goal of the Innovation Centre. Three full Innovation Partnership Research projects and four feasibility studies have  been awarded to companies in the IiBC, totalling over €740K.  These are particularly significant in the context of advancing the applied research capacity of GMIT.

Developing an innovative and entrepreneurial culture among the students and staff of GMIT through such linkages is a key objective of the institute and the opportunities afforded by the Centre are continuously evaluated. Staff and students are currently engaged in market research, product testing, materials evaluation and the assessment of branding opportunities on behalf of IiBC client companies.

The Innovation Centre has led to the creation of 51 jobs since its opening; 19 promoters and 32 employees.

Cafeteria in IiBC Galway

Directions:

Directions to Galway Campus
For directions to the Galway Campus please click on the following link:

www.gmit.ie/directions-gmit-galway.html

Directions to Innovation in Business Centre, Galway
From the 'Skerritt Roundabout', Dublin Road, enter through the second entrance on left-hand side onto GMIT Campus.  Drive straight, leaving car parks on left and right.  Go around in a U shape at the back of the main campus.  Then take the first turn right where there is a large white building with a barrier to a car park.  This is the Innovation in Business Centre.  Press button at barrier to gain entrance to car park.  Door to main reception (press button beside door for access) is at the end of the building on the left-hand side. 

Visitors' Car Parking Procedure in Innovation in Business Centre, Galway
For information please click on the following link:

www.gmit.ie/presidents-office/parking-iibc.html

Innovation in Business Centre, Galway
GMIT,
Dublin Road,
Co. Galway.

Tel: +353 91 742822
Email: George McCourt
Email: Innovation Centre