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CS Education Event - Program Overview

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  • 1. Colin Thew, A/Director Business Advisory & Industry Development Investment & Export Services Program Overview Collaborative Solutions - Online & Interactive Education - Pitching & Networking Event - 5 December 2013
  • 2. INNOVATE NSW   Focus:   Develop  innova,ve  and  new-­‐to-­‐market  solu3ons.     Use  enabling  technologies  to  address  a  compelling  need.     Collaborate  with  a  business  in  a  key  sector  of  the  NSW  economy.       Criteria:   •  Technology  SMEs  in  NSW     •  New  B2B  solu3ons     •  •  •  •  Address  compelling  needs     Scalable  across  a  sector     Sectors:  E-­‐health,  advanced  manufacturing,  energy  technologies  and   services,  online  &  interac3ve  educa3on,  and  transport,  logis3cs  &   infrastructure     Using  'enabling  technologies'   Collabora3ve  Solu3ons  -­‐  Online  &  Interac3ve  Educa3on  -­‐  Pitching  &  Networking  Event  -­‐  5  December  2013  
  • 3. INNOVATE NSW  –  Funding  Elements   §  Minimum  Viable  Product  (MVP)   –  $15k:  Prove  the  Concept  –  early  stage  development   –  3  month  project  period     §  TechVouchers  (TV)   –  $15k:  Prove  the  Technology  –  early  stage  research   –  3  month  project  period     §  Collabora3ve  Solu3ons  (CS)   –  $100k:  Form  a  Consor3a  –  full-­‐scale  development  and  pilo3ng   of  a  solu3on   –  9-­‐12  month  project  period   Collabora3ve  Solu3ons  -­‐  Online  &  Interac3ve  Educa3on  -­‐  Pitching  &  Networking  Event  -­‐  5  December  2013  
  • 4. INNOVATE NSW  –  Evalua3on  Criteria   Four  Criteria:  (in  order)   1.  Innova3ve  use  of  enabling  technologies   Innova&on,  new-­‐to-­‐market,  addresses  compelling  need   2.  Strength  of  the  business  model   Sustainable,  poten&al  for  high-­‐growth,  capacity  to  scale  solu&on   3.  Industry  sector  benefits   Tangible  benefits,  addresses  barrier  to  growth  across  sector   4.  Economic  benefits  to  NSW   Poten&al  jobs,  export  revenue,  investment  aBrac&on,  benefits  to  regional  NSW   Collabora3ve  Solu3ons  -­‐  Online  &  Interac3ve  Educa3on  -­‐  Pitching  &  Networking  Event  -­‐  5  December  2013  
  • 5. INNOVATE NSW  –  How  to  Apply   Program  page  -­‐  hp://www.business.nsw.gov.au/innovatensw          -­‐  Program  overview    -­‐  Submit  EOI    -­‐  Guidelines    -­‐  Sample  Forms       Collabora3ve  Solu3ons  -­‐  Online  &  Interac3ve  Educa3on  -­‐  Pitching  &  Networking  Event  -­‐  5  December  2013  
  • 6. Collabora3ve  Solu3ons   Goals:   •  Foster  collabora3on  between:     –  tech  SMEs,       –  mul3na3onal  corpora3ons,  and     –  businesses  in  key  sectors       •  Deliver  compelling,  new-­‐to-­‐market  B2B  solu3ons     •  Accelerate  NSW  innova3on,  revenue,  jobs,  export     Grants:   •  Maximum  of  25%  of  project  costs  up  to  $100,000     Collabora3ve  Solu3ons  -­‐  Online  &  Interac3ve  Educa3on  -­‐  Pitching  &  Networking  Event  -­‐  5  December   2013  
  • 7. Consor3um-­‐Backed  Solu3ons   A  consor,um  must  have:   •  Consor3um  Lead  (technology  SME  -­‐  applicant)   •  Consor3um  Partner  (contributes  addi3onal  capabili3es)   •  Pilot  Organisa3on  (end-­‐user  -­‐  guides  development  &   pilots  solu3on)   Lead     Partner   Pilot   Org   Collabora3ve  Solu3ons  -­‐  Online  &  Interac3ve  Educa3on  -­‐  Pitching  &  Networking  Event  -­‐  5  December  2013  
  • 8. Consor3a  Rela3onships  Example   Consortia Member Responsibilities and contributions Lead Organisation (Tech SME) • Project manager, business developer • Primary developer – holds IP • Coordinates various components into one solution • Commercialisation Pilot Organisation (Business end-user) • Provides challenge/opportunity • Venue for testing/piloting • Feedback during development and following pilot • Dedicates staff member to liaise with Lead Partners • Data analytics software • Platform for the solution (e.g. cloud) • RFID chips • Content creation • Payment platform • Additional research • Marketing • Handsets, hardware
  • 9. Benefits  for  the  Pilot  Organisa3on   •  Validate  new  products/solu3ons’  pros/cons     •  Trial  before  full  commitment  on  deployment     •  Leverage  industry’s  exper3se,  investment,  agility     •  Lower  the  cost  of  adop3on     •  Be  seen  as  front-­‐footed  on  exploi3ng  new  tech     •  Help  grow  NSW  technology  sector:  skills,  jobs,  revenue   Collabora3ve  Solu3ons  -­‐  Online  &  Interac3ve  Educa3on  -­‐  Pitching  &  Networking  Event  -­‐  5  December  2013  
  • 10. What  it  is  /  is  not   Is     •  B2B     •  enabling  technology     •  innova3ve  beyond  current   offerings     •  scalable     •  suppor3ng  commercial  pilots  and   trials  (“R&D”)     •  done  in  the     “spirit  of  collabora3on”     •  incen3ve  grant  that  drives   commercial  interests   Is  Not     •  B2C     •  suppor3ng  pure  /  ICT   technology  research     •  done  in  a  client-­‐vendor  or   tender  arrangement     •  a  path  to  government   procurement     •  a  bespoke  solu3on  (must  be   scalable)   Collabora3ve  Solu3ons  -­‐  Online  &  Interac3ve  Educa3on  -­‐  Pitching  &  Networking  Event  -­‐  5  December  2013  
  • 11. Previous  Consor3a