Sunday April 5, 2020

It’s the smart economy, stupid

The success of Stokes Bio, a University of Limerick spin-out company, can show the government how to foster its professed ideal of a smart, green economy

1st May, 2010

It was a company that went almost unnoticed during the ‘noise’ of the economic boom. In late 2005, as Stokes Bio was emerging from research at the University of Limerick, money was pouring into property.

Buildings and land were changing hands for record prices and Irish money was chasing apartments, hotels, shopping centres and offices across the globe.

The small university spinout was below the radar for most investors, but it struck a €1...

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