Spin-out Company of the Year

The Spin-out Company Award recognises the UCC founder(s) of the spin-out company that is judged to have best accomplished a successful or significant achievement during 2022. The winning company will be an investable and high-potential spin-out, that was developed based on UCC IP or know-how and which has potential to create employment. Nominations will be submitted by UCC Innovation staff, based on inventions, licences, spin-outs or consultancy projects that were supported by UCC Innovation in the calendar year. Nominations will be submitted by the UCC Innovation team as per the eligibility criteria.

Application Details

Nomination Procedure

Nominations for this award category will be submitted by the UCC Innovation team based on achieved metrics.

Evaluation Criteria

Innovation

Innovative or creative thinking.
Potential to make major technological progress and show a high degree of inventiveness.
Demonstration of technology application with strong commercial potential, rather than purely scientific or technological achievement.
Priorities are focussed on innovations that deliver commercial outcomes.
Active engagement with business and/or private investment to see research applied and taken to market.

Impact

Demonstrate achieved, or potential to achieve, economic, social or environmental impact of the innovation.
National and/or International recognition of excellence.

Judging Panel

Name	Position / Company
Siobhan Jordan	Teagasc
Sally Cudmore	Director of Innovation, UCC
Michael Lucey	Purdy Lucey
Conor O’Sullivan	Atlantic Bridge

Previous Winners

Year	Awardee	Company
2022	Professor Paul Ross and Professor Colin Hill	Adiso Therapeutics
2021	Dr Declan Soden	Mirai Medical

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