Vision 2030 Jan. 2012 | Page 75

engineering, maritime operations, maritime technology and ecosystem governance. The expertise within the partnership provides a unique mix of academic, end user and professional expertise focused on the offshore environment. UCC has many industry-focus innovation projects, from which start-up companies are brought into existence. Can you give some examples of work in this regard? MERC has been initiated at the dawn of a new era for maritime Ireland, stimulated by the growing realisation of the economic opportunities around maritime energy, and in particular with regard to marine renewables. UCC is a lead partner in the development of Ireland’s first Science Park. The Cork Science Innovation and Technology Park is being developed in collaboration with Cork County Council, Cork Institute of technology, IDA Ireland and Enterprise Ireland. This awakening is being transformed into action through a number of complementary, strategic national marine initiatives. These include Smart Bay, the full scale offshore marine energy test site in Belmullet, and MERC. Similar to the IERC, MERC provides for an industry-led approach to research and development. This will be used to develop an ecosystem of innovation that will yield intellectual property, high potential start-up companies and jobs in the Ireland’s Smart Economy. Examples of projects include Innovation Partnerships to develop technology to stimulate the deployment of wave energy devices off the West Coast of Ireland, and to improve the ability to access offshore wind turbines. industry partners range from multinational corporations such as Transas Ltd, to SMEs such as Seftec Offshore Ltd. The University established its Office of Technology Transfer in 2007 to drive the commercialisation of UCC and Tyndall research into the economy. Over the past two years UCC has formed 7 companies across all major disciplines: Software, ICT Hardware, Food and Med-Tech. The pipeline for the coming year indicates this flow will continue. Together, the IERC and MERC form part of UCC’s energy alliance, and represent UCC’s strategic approach to Ireland’s energy opportunity. 73