Posted 28 July 2014
Oxymem shortlisted for pan-European academic enterprise award
University College Dublin spin-out company Oxymem has been shortlisted for the Science|Business Academic Enterprise Awards; the only pan-European awards dedicated to spin-out companies emerging from universities and public research institutes. OxyMem has been shortlisted in the Green Award category.
Co-founded in 2013 by academic entrepreneurs Professor Eoin Casey and Dr Eoin Syron as spin-out from the UCD School of Chemical and Bioprocess Engineering, University College Dublin, OxyMem has developed a breakthrough technology for wastewater aeration which uses gas permeable membranes capable of delivering Oxygen directly to the bacteria, resulting in a four-fold energy saving with more compact, lower cost infrastructure. The company currently employs 20 people and plans to increase staff numbers to 35 within the next year.
Other spin-out companies shortlisted for the awards were established by academic entrepreneurs from Aarhus University; Technische Universität Berlin; Technische Universität München; ETH Zurich/University of Zurich; University of Edinburgh; and Oxford University.
Science|Business is a non-profit scientific association dedicated to helping Europe innovate. It provides decision makers in the worlds of research, industry and policy with new strategies, ideas and contacts to succeed.
“I am delighted that the technology, which has resulted from research performed over the last decade in my laboratory, together with Dr Eoin Syron, and which has been funded by Enterprise Ireland and Science Foundation Ireland, has now been translated into a commercial company with the potential to have a significant impact on the global wastewater treatment industry,” said Oxymem co-founder, Professor Eoin Casey, UCD School of Chemical and Bioprocess Engineering, University College Dublin.
“Being 1 of only 9 spin-outs from across Europe shortlisted for these Awards, OxyMem is highlighting the quality of the spin-out companies emerging from University College Dublin and exemplifies the hard work and dedication of our research community in commercialising their research outputs with the support of our technology transfer and enterprise development team at NovaUCD,” said Brendan Cremen, UCD Director of Enterprise and Commercialisation.
The winners of the 2014 Academic Enterprise Awards will be selected by the Science|Business Innovation Board and will be announced during the upcoming Innovation Connection conference. This conference will be held on 7 October 2014 at the Technische Universität Berlin, Germany.
(Produced by UCD University Relations)
