Innovative | Knowledge Based | Technology Focused

Full Leasehold Tenant Selection Procedures

NISP at Queen’s Island has a four-stage occupier/tenant selection process, which should be followed by all potential occupiers/tenants.

Tenants should meet at least one of four criteria attached to be considered as potentially suitable for occupation within the Science Park.

In addition, the operational activities of all potential occupiers/tenants must be environmentally acceptable, as per the attached criteria.

Regardless of the criteria, NISP reserves the right, at its absolute discretion, not to accept any occupier/ tenant.

STAGE 1

Potential tenants should contact NISP at: -

Northern Ireland Science Park
The Innovation Centre
Queen’s Road
Queen’s Island
Belfast
BT3 9DT

e-mail info@nisp.co.uk

phone 028 90 737 800

to discuss their needs and the fulfilling of the entry criteria. They will then receive a Workspace Application Form (WAF) on which to provide the necessary information. All questions should be answered as fully as possible and, where appropriate, company literature in support of the application should be included.

STAGE 2

Potential occupiers/tenants will be requested to attend, at a mutually convenient time, a meeting, to discuss the application.

Following the meeting a report will be prepared and the application will be considered by a Selection Panel (normally the NISP CEO and a Senior Member of Each NI University) or by the NISP Board of Directors as appropriate.

STAGE 3

Applications will be assessed by NISP and/or its agents and occupancy/lease terms negotiated and agreed.

STAGE 4

Recommendations for acceptance of an application must be approved by the Chairman and Chief Executive of NISP Property Limited, or in the absence of either, any other director of the Company.

NISP at QUEEN’S ISLAND, BELFAST OCCUPIER/TENANT SELECTION

Selection Criteria

Occupiers should meet at least one of the following four criteria:

CRITERIA

CRITERIA INDICATORS

1. Occupiers within a Science and Technology or Knowledge Based enterprise sector

Occupier undertakes research, develoment or the commercialisation of research in any bona fide scientific discipline.

2. Focus on R&D, product or process design, applications engineering, high level technical support or consultancy

At least 25% of staff in the relevant unit should be involved in these functions.

3. High Proportion of “Knowledge Workers” in the workforce

At least 25% of staff in the relevant unit are qualified scientists, technologists, engineers or other ‘knowledge workers’.

4. Secondary tenants with a focus on providing services to primary tenants.

Allowable activities may include, but not necessarily be restricted to, financial institutions offering specialist services to technology based companies and other convenience and professional services. (Once the site is more fully developed it may be necessary to restrict the total volume of secondary tenants).

Environmental and Health & Safety conditions (Essential)

Environmentally acceptable

Conformity with all Environmental Health and Safety legislation and not including any activities likely to cause a nuisance to other occupiers on the Science Park

Other considerations

Provision for small firms

Provision of floor space specifically to meet the needs to small firms undertaking high tech activities (i.e. units sizes of less than 5,000 sq. ft) should be regarded favourably and may allow more lenient interpretation of the primary considerations.