Trinity College Dublin plans to develop a campus focused on research, technology and innovation. The Trinity Technology and Enterprise Centre will be located near the main campus at Dublin’s Grand Canal Dock. The goal is to turn the area into the city’s “innovation district,” the Grand Canal Innovation District.

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The new space will cluster entrepreneurs, start-ups, venture capitalists, business accelerators, incubators, worldclass research and growing global businesses. The campus will be at the heart of the district, enabling people to connect in the fields of research, innovation, talent development and commercialisation at Ireland’s leading university and with the world’s leading companies.

The new centre will be a home to new research institutes that bring together multiple disciplines – engineering, computer science, natural sciences and material science.

Trinity College Dublin asked the Advisory Hub to help assess its business proposals and evaluate funding models that will help the university make decisions on the infrastructure investments and how to establish the centre.

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 Innovation Finance Advisory, through the Advisory Hub, is helping the university:

  • Develop the various projects’ business plans and financials;
  • Develop a business case and financial model according to best industry practices;
  • Determine the most fit-for-purpose financial structure for the centre, including evaluating different capital structures;
  • Navigate the process of securing stable, long-term financing to cover the costs of construction and operation;
  • Enhance the bankability of the project and evaluate different options for financing, in particular from EIB financial instruments, such as InnovFin and EFSI, as well as from external sources. 

The work for this project is in line with the Hub’s objective of supporting the use of financial instruments to help regional and local public entities access finance for their investments.