Increasing numbers of start up are emerging from third-level incubation centres.
The halls of academia may once have been associated with dusty books and tweed-suited lecturers, but the third-level sector is building a new image for itself as a springboard for start-up companies.
In recent years, the majority of institutions have established campus ‘incubation’ centres.
These facilities are designed to foster entrepreneurship and provide a commercialisation route for research carried out at the educational institutions.
Start-up companies are typically provided with office space at a reduced rent, access to a wide range of support services and business mentoring.
Because they are located on campus, the companies can also have access to the next generation of skilled workers.
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