The EU INTERREG IVA-funded North West Regional Science Park will anchor the work of the Science Park across the North and West of Ireland and will cement a cross-border partnership with Letterkenny Institute of Technology (LYIT) where work is already underway to extend its successful Co-Lab business incubator.
The North West Regional Science Park provides 50,000 square foot of flexible workspace on the banks of the Foyle, on the site of a former army barracks. It has its own Data Centre and with 70% of space already let to 23 tenants, it will house specialists in software, telecoms, digital media, health & bioscience, clean tech and television production, among many others.
The high-tech, super-connected premises provide flexibility for start-ups and companies of any size, ranging from a single “hot desk” to large-scale workspace, as well as meeting spaces, a café, on-site parking and secure cloud data storage.
The anchor tenant is Derry-born 8over8, now a leader in contract risk management software for the global oil and gas industry. The company has taken the top floor of the building, which will be home to more than two thirds of its global team, after expanding beyond its original home in the University of Ulster Magee campus. The company also now has regional offices in North America, Australia and the Middle East.