The facility was built as a salmon hatchery in the late 1980s. Scott Tallon Walker architects were commissioned by Carrolls cigarette company to design the biggest, most advanced salmon hatchery in the world. The company ran a fully automated, computer-controlled hatchery and supplied offshore salmon farmers with smolt via helicopter. The business ultimately failed because the factory was built too high above the adjacent lake, and the cost of recirculating the water was too heavy. The facility was bought by the current owners in 2007 with a view to developing a centre of scientific research and development.

The Inagh Valley Trust was established in 2008 with a mission to enhance society through enterprise, research and creative thinking’. The Trust’s goal is to identify societal issues where the energy of enterprise and insights of research have  positive lasting impacts. What has developed is a ‘Hatchery of Ideas’, which comprises a cluster of interconnected companies addressing the associated needs.