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X Prize Lab Lecture 11 7 11


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X Prize Lab Lecture 11 7 11

  1. 1. COMMUNICATING INNOVATIONMIT XPrize Workshop: Energy Innovation Challenges In the Developing World 7 November 2011 G. Nagesh Rao
  2. 2. GNR’S PROFESSIONAL BACKGROUND Starbucks “Coffee Jockey” (’01-’03) RPI Office of Technology Commercialization (’02-’04) Mirzayan S&T Fellow at The National Academies (‘04) US Department of Commerce- USPTO/CLDP/EDA (’04-’11) Startup America NACIE i6 Green ChallengeProfessional Science Humanitarian IP Program PT-Student OnGreen- Director of Biz-Dev & Govt Policy (’11) Law Business Publicbeat- Board of Advisors (‘11)
  3. 3. FEDERAL GOVERNMENT’S PERSPECTIVEHigh Tech Growth Entrepreneurship Priority of the Obama Administration Public/Private Models (Policy Push) Startup America (PR Umbrella Federal Interagency Push) Prize Incentivization Mechanism (Programmatic Endeavors) i6 Grant Program ERIC Jobs & Accelerator Program DOE National University Clean Energy Business Plan Competition Humanitarian IP
  4. 4. USG’s Interest in PrizesValidated policy mechanismTool in the “toolkit”- Seeds to enableinnovative-creative clusters across the USSafe low cost bets (McKinsey Report “And the Winner Is…”: Capturing the Promise of Philanthropic Prizes-2009)
  6. 6. THE CHALLENGEFederal Agencies balance of priorities White House Policy Congressional Mandated statutory authoritiesAppropriate key stakeholders?Communication in a level-handed manner FFO (comprehensive yet pithy) Webinars FAQsEnsuring long-term continuityAvoiding political pitfalls and spats
  7. 7. THE FRAMEWORKWhat is the problem?Why are you seeking a solution?Who is the targeted audience and beneficiary?How do you plan to implement this challenge?What obstacles should you keep in mind?What is the end goal?
  8. 8. DOE National University Clean Energy Business Plan Competition Apply the framework
  9. 9. Launch: Energy Apply the framework
  10. 10. Humanitarian IP Apply the framework
  11. 11. i6 and i6 Green Apply the frameworkNext set of slides showcasean example of USG’s formatand style of communicatingthis innovative endeavor
  12. 12. Office of Innovation and Entrepreneurship i6 Green Challenge Webinar March 21, 2011
  13. 13. THE PRESIDENT “…unleashing innovation is an essential component of a comprehensive economic strategy.” -President Barack Obama 13
  14. 14. THE PARTNERS A new $12M Innovation Competition The i6 Green is designed to promote collaboration by requiring team formation around existing regional infrastructure, technologies and human capital, while allowing the creation of new support networks that showcase the region’s competitive advantages. Proposals should: • Incorporate ideas that address the varying needs of local regions • Outline plans that can be fully implemented within a 2-year timeframe • Be project-ready and fully leverage regional competitive advantages • Demonstrate widespread commitment from impacted communities • Have a significant, positive economic impact on their region 14
  15. 15. THE PARTNERS i6 Green Challenge • Economic Development Administration will lead the effort by awarding up to $1 million to each 6 six regional teams with the most innovative ideas to drive green technology commercialization and entrepreneurship • Department of Energy: Up to $2 million for energy related investments • Environment Protection Agency: Up to $700k to support technology focusing on public health and environmental protection • National Science Foundation: Conduct external peer review of proposals from each EDA region, with winners eligible for additional NSF funds • U.S. Department of Agriculture: Up to $600k in funding technological research activities to foster green and sustainable technologies 15
  16. 16. THE CHALLENGE About the Challenge • EDA is funding through Global Climate Change Mitigation Incentive Fund • Created to reward the most innovative ideas that drive green technology commercialization and entrepreneurship • Broad participation encouraged by different stakeholders including universities, entrepreneurs, Small Business Innovation Research grantees, private development organizations, for-profit organizations, state and local governments, etc • Awards made in each of the six EDA regional offices: Atlanta, Austin, Chicago, Denver, Philadelphia, Seattle • Awards will be made on merit, feasibility and impact 16
  17. 17. PROOF OF CONCEPT CENTERS Proof of Concept Centers Bridging the Innovation Gap Commercial Research Enterprise/ Industry Catalysts Marketplace Idea exchange Public Outreach Seed Funding Mentoring Educational Programs 17
  18. 18. WHO CAN APPLY? Applicants Project Partners Any individual or entity* Universities (Including for-profits) committing Entrepreneurs resources including: Financial Capital; Human Capital; Private Infrastructure; etc.Organizations SBIR Grantees Project partnerships will be valued as a significant part of the overall value of the application. Economic Other Development Organizations Organizations *EDA is not authorized to provide grants directly to individuals or for-profit entities. 18
  19. 19. INNOVATION AREAS Eligible Projects• Renewable Energy: projects that support the development, production, or use of energy derived from renewable resources• Energy Efficiency: projects that support a large-scale reduction in energy production or consumption• Manufacturing: projects that support process innovations that utilize green technology and improve efficiency while reducing pollution• Reuse/Recycling: projects that support the reuse of given products, or produce a new or innovative product from recyclable materials• Green Building: projects that facilitate technological advances, processes, and materials that minimize environmental and public health impacts of buildings over their lifecycles• Restoration: projects that support ecosystem restoration and other activities that protect and revitalize natural and cultural systems 19
  20. 20. CRITERIA FOR SUCCESS EDA’s i6 Green projects will be evaluated on:• Personnel Qualifications and Resources: Qualified personnel; Education and accomplishment; Previous performance; Quality of partners; Appropriateness of facilities; Access to VC/Angel investors• Impact: Wide regional quantifiable benefits; Enhance infrastructure; Replicability• Long-term: Financial resources to sustain; Self-sustaining• Feasibility: Coherent plan; Sound strategy; Adequate financial resources; Multi-stakeholder commitment; Strong human capital• Concepts: ID Problems/needs; Creative & new models; Understanding regional challenges; Develop a roadmap; Utilize Proof of Concept Center 20
  21. 21. REVIEW PROCESS1) Regional Review 2) Interagency Review Panel• Initial screening for •Panel of Federal employees from completeness and eligibility partner agencies• Initial Merit review •Judging on evaluation criteria listed in• Identify 10 apps per region FFO •Identify top 5 applications per region3) Merit Review by NSF Peer•NSF external peer review panel 4) Joint Selection Committee Review•Judging on evaluation criteria •Seniorofficials from DOC, EPA, USDAlisted in FFO DOE and NSF•Summary and recs to Selection •Review apps & prior recsCommittee •Make recs to Selecting OfficialSelecting Official: Regional Director EDA i6 Challenge Winners 21
  22. 22. REQUIREMENTS & ADDENDA1) All Applications Must Submit a Letter of Intent Due May 02, 2011 to Such a letter is NOT binding, but IS required, and must contain: • Applicant’s names & affiliations • How funding will be used • Potential team members and/or partners. • Description of budget and scope of work • Outline of plan for increasing commercialization • Description of current funding through EDA, EPA, DOE, USDA/NIFA, and NSF (applicants and co-applicants)2) Final Application Deadline: May 26, 20113) Complete Package downloadable at: (Funding Opportunity Number: I6GREENEDA031011)4) Electronic Submission @ only Also See section IV. C. of the FFO 22
  23. 23. CONTACTS EDA Contacts Office of Innovation and Entrepreneurship (Applicants) Nagesh Rao || || 202.482.1737 Alexander Nicholas|| || 202.482.6252 Office of Public Affairs (Press) Lindsey Pangretic|| || 202.482.2477 Office of External Affairs (State/Local Governments) Ian Martinez|| || 202.482.3845 23
  24. 24. CONCLUSIONFocus…focus…focus…define your “end goal”Address all issuesKnow your audienceNo question is dumbKeep it pithyEmbrace controversy but stay above nonsensical frayNever give up
  25. 25. QUESTIONS?