New firms are using Catalyst, formerly known as the NI Science Park, to help achieve their goals.
Catalyst, at Belfast's docks, has emerged from what was originally called the Northern Ireland Science Park
As the global economy has altered in the decades since, that mission can mean something bigger – could a new Northern Ireland technology start-up reach what is known as “unicorn” status by hitting a valuation of $1bn? Science parks, broadly, are a type of business park that aims to foster a cluster of science and knowledge-based industries - and, so, are ideal for fledgling technology start-ups.
"Particularly as you're starting out and you need to build your brand. It's great to have like-minded people who are all there to help each other."Other major international companies have also bought businesses which were founded at Catalyst., which bought the cybersecurity firm Titan IC. Although, he adds that it "would be great if we had some bigger success stories - homegrown, hero stories to get behind".
"It's fine if somebody wants to get to 100 or 200 people and then sell, because what then happens is they might go again. Steve Orr said there are still around 2,000 people coming to work on Catalyst properties every day, which he describes as “really high when you look at the post-Covid world of work”.
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