An €80m building for the Trinity Business School at Trinity College Dublin was opened today by Taoiseach, Leo Varadkar. The development will house the scaled up Trinity Business School.
The six-storey building located on the city-centre campus will include an Innovation and Entrepreneurial hub, a 600 seat auditorium, smart classrooms with the latest digital technology and an executive education centre. Fronting onto Pearse Street and the University campus, the near zero energy building also provides another link between the city and the University.
It has been financed with an EIB loan to Trinity College of €70 million and funding of €20 million supported by philanthropic donations by business leaders and companies nationally and internationally. The EIB loan will be repaid over a 30 year horizon through significant income generated by Trinity Business School.
Under Project Ireland 2040, Ireland is investing half a billion euro between now and 2027 into the research, development and deployment of disruptive technologies. Under the first call, Trinity will receive over €4 million in funding over the next three years for 4 projects that the University is working on with 6 different partners.
Speaking this week, Taoiseach, Leo Varadkar said, "The new Trinity Business School will educate today’s students for the jobs of tomorrow. Jobs that may not exist today; jobs that may be created by the men and women who study here. As a Government we are also preparing for the world of the future and we want to drive collaboration between Ireland’s world-class research base and industry."
The Dean of the Trinity Business School, Professor Andrew Burke added, "The opening of this state-of- the-art building marks the achievement of a mission to grow Trinity Business School from a niche player into a top international business school. This involved the implementation of a high growth strategy that propelled the School to become the fastest growing established business school in Europe over the last three years."