Innovation Ulster

Together We Take Ideas Further, Faster.

Innovation Ulster Limited (IUL) is the venture engine of Ulster University - transforming world-class research into real-world impact.

Innovation Ulster

About Us

As Ulster University’s wholly owned commercialisation company, we connect ideas, expertise and investment to create scalable businesses, technologies and solutions that shape the future.

We work at the intersection of research, enterprise and investment, enabling academics, entrepreneurs and partners to unlock the full potential of innovation. From early-stage concepts to high-growth spinouts, we provide the support, structure and strategic direction needed to turn ambition into achievement.

Our approach is collaborative by design. We bring together research excellence, market insight and commercial expertise to develop ventures that deliver both economic return and societal benefit. Whether through licensing opportunities, spin-out creation or strategic spin-ins, we build pathways that accelerate innovation into the marketplace.

  • For investors, we offer access to a high-quality pipeline of innovation.
  • For entrepreneurs, we provide the foundation to grow and scale.
  • For researchers, we enable impactful commercialisation journeys.
  • For partners, we deliver collaboration with purpose.

We don’t just support innovation — we make it happen.

Innovation Ulster

Innovation Fund

Innovation Ulster Limited (IUL) is a high returning deep tech evergreen investment fund focused on starting and scaling companies emerging from Ulster University and its partnerships.

Innovation Ulster Limited manages Ulster University’s evergreen investment fund, providing patient capital and commercialisation expertise to research-led businesses. An evergreen approach can support companies over longer development journeys than a fixed-life fund may accommodate, and allows realised investment value to be put to work in future opportunities.

Innovation Ulster Limit’s track record shows how successful commercialisation can benefit the wider innovation ecosystem. Portfolio-company acquisitions have generated a substantive financial return to Ulster University and helped provide capital to support the establishment of Venture Capital funds across the island of Ireland.

Our Board

Photo of Time Brundle, CEO Innovation Ulster Limited

Tim Brundle

CEO, Innovation Ulster Limited Director of Research and Innovation, Ulster University

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Elaine Hartin

Chief Strategy and Finance Officer, Ulster University

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Professor Liam Maguire

Pro Vice Chancellor Research, Ulster University

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Professor James McLaughlin

Professor of Biomedical Engineering, Ulster University

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Professor Kristel Miller

Professor of Entrepreneurship & Small Business Development, Ulster University

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Contact Us

Have an idea, technology, or challenge? Let’s talk.

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