LSU System Research &Technology FoundationCreating Economic Development Opportunities
RTF Mission• Infrastructure• Access to Capital• Tech Transfer Technical Assistance
Infrastructure• Louisiana Emerging Technology Center• Louisiana Digital Media Center• Research District
Why a Wet-lab Incubator• Shortage of affordable wet lab and officespace for young biotech companies• Sufficient amount of ...
LETC – A Wet-lab Incubator
LETC
LETC Tenants• Esperance Pharmaceuticals – anticancer drugs• TransGenRx – protein manufacturing• NuPotential – reprogrammin...
Digital Media Facility
Digital Media Facility
Research District
Access to Capital• Louisiana Fund I• Tax Incentives• Assistance to Startups
Louisiana Fund I• Acted as one of the original organizer• Fund raised $ 26 million• Invested in 13 companies• Raised $ 81 ...
Tax Incentives• R&D Tax Credit• Angel Investor Tax Credits• Quality Jobs• Technology Commercialization
Assistance to Startups• Networking with investor community• SBIR grant assistance• Technical assistance
Technology Transfer• Role of Foundations in Tech Transfer• Current Role• Future Role
Role of University ResearchFoundations• Role of Foundation vary across the nation• Starts with when the Foundation is invo...
Current Role• Assistance after license is granted• Incubator Services• Business Technical Assistance• Access to Capital
Future Role• Need a consensus of the LSU family• Back to original vision• Stay with current role• Somewhere in the middle
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LSU System Research & Technology Foundation

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LRTF presentation at the April 11, 2013 meeting of the Commercialization and Technology Transfer Task Force

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LSU System Research & Technology Foundation

  1. 1. LSU System Research &Technology FoundationCreating Economic Development Opportunities
  2. 2. RTF Mission• Infrastructure• Access to Capital• Tech Transfer Technical Assistance
  3. 3. Infrastructure• Louisiana Emerging Technology Center• Louisiana Digital Media Center• Research District
  4. 4. Why a Wet-lab Incubator• Shortage of affordable wet lab and officespace for young biotech companies• Sufficient amount of research now inLouisiana to support startup activity• Louisiana must transition its economy
  5. 5. LETC – A Wet-lab Incubator
  6. 6. LETC
  7. 7. LETC Tenants• Esperance Pharmaceuticals – anticancer drugs• TransGenRx – protein manufacturing• NuPotential – reprogramming cells• BioJENC - developing peptide vaccines• LSU Office of Intellectual Property &Economic Development• Louisiana Fund I –$26,725,000 Early Stage High-technologyVenture Capital Fund
  8. 8. Digital Media Facility
  9. 9. Digital Media Facility
  10. 10. Research District
  11. 11. Access to Capital• Louisiana Fund I• Tax Incentives• Assistance to Startups
  12. 12. Louisiana Fund I• Acted as one of the original organizer• Fund raised $ 26 million• Invested in 13 companies• Raised $ 81 million for those companies• Invested in two tenants of LETC
  13. 13. Tax Incentives• R&D Tax Credit• Angel Investor Tax Credits• Quality Jobs• Technology Commercialization
  14. 14. Assistance to Startups• Networking with investor community• SBIR grant assistance• Technical assistance
  15. 15. Technology Transfer• Role of Foundations in Tech Transfer• Current Role• Future Role
  16. 16. Role of University ResearchFoundations• Role of Foundation vary across the nation• Starts with when the Foundation is involved• At the beginning (WARF)• At the end (LSURTF)• Somewhere in the middle
  17. 17. Current Role• Assistance after license is granted• Incubator Services• Business Technical Assistance• Access to Capital
  18. 18. Future Role• Need a consensus of the LSU family• Back to original vision• Stay with current role• Somewhere in the middle
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