Technology Translation and Innovation Partnerships - ILO

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Technology Translation and Innovation Partnerships - ILO

  1. 1. Copyright 2014 NUS Enterprise. All Right Reserved. A Presentation by Industry Liaison Office - A Division of NUS Enterprise Technology Translation and Innovation Partnerships Another Service by ILO Go-to-Market Series @ FoE: Technology Management and Funding Options 24 Feb 2014 24 Feb 2014
  2. 2. Copyright 2014 NUS Enterprise. All Right Reserved. A Presentation by Industry Liaison Office - A Division of NUS Enterprise TTIP ‐ Bridging R2M Process Technologies IP  Management & Commercialization Evaluation Protection Marketing TRL 2‐3 Translation Licensing/ Spin‐off TRL 6‐7 © 2013 NUS Enterprise. All Rights Reserved 24 Feb 2014
  3. 3. Copyright 2014 NUS Enterprise. All Right Reserved. A Presentation by Industry Liaison Office - A Division of NUS Enterprise Partnering to Enhance Market Pull ILO Commercialization Strategy - Bridging R2M Complementary programs to support technology commercialization MARKETS Demand Drivers - Partners for CREATING Market “Pull” Public and Private Sector Translators – Partners for SUPPORTING Market “Pull” Technology Push Mechanisms - IP Commercialization Supports Bootcamps Many programs to Facilitate “push” to Market • • • LLP@SG, FoE IEL’s TVL, Market Zoom, Techlaunch SMART Bootcamp (MITINSEAD) Proof of Concept (POC) Grants ($250K/12mth) • • • Proposals Development During- and post-grant commercialization supports Grant Administration Mentors • • Bootcampers PIs applying for Translational grant Translational Initiatives • • • Membrane 3D Printing Graphene Research Outputs 24 Feb 2014
  4. 4. Copyright 2014 NUS Enterprise. All Right Reserved. A Presentation by Industry Liaison Office - A Division of NUS Enterprise Technology Translation and Innovation Partnerships (TTIP) Bridging Research to Market Technologies IP  Management & Commercialization Evaluation Protection Marketing Licensing/ Spin‐off Partnerships & Collaboration Introducing TTIP – a new function that ILO has  added to support the  commercialization of  technologies generated in  NUS and its associated  Research Centers’  laboratories.  TTIP aims  through  partnering with key  stakeholders in the  innovation ecosystem,  including but not limited to  translators, fellow IHLs,  agencies, trade  associations, technology  seekers and demand drivers  to support technology  translation and  commercialization of IPs  under the care of ILO. Translation Polytechnic / ITE Private  Sectors: SMEs & MNCs Private  Sector  Translator Govt Agencies Trade  Association  & Chambers   Outcome Sustainable pipeline of licensable IPs © 2013 NUS Enterprise. All Rights Reserved 24 Feb 2014
  5. 5. Copyright 2014 NUS Enterprise. All Right Reserved. A Presentation by Industry Liaison Office - A Division of NUS Enterprise Research to Market – Partnering Journey: De-risking mechanisms from conceptualization to market Market Marketing and Sale Channel  Development Marketing/ Sale  Product Productize Fund Raising Productization Market Testing Market Development Product Testing Product Development Proof of Concepts NUS Technology &  Capability SPRING/MOE T‐Up SPRING POC $250K, 1 yr R&D   Supports R&D  Manpower  Supply Market Dev;  Productization Lead R&D Lead Applications Development Define development strategies Define product specifications Identify market needs Identify applications Translational  Project Co‐ Lead Translational  Project ‐ Lead Smart Innov Grant: $250K, 2 yrs Translational  Project ‐ Lead Translational  Project Co‐ lead NRF POC: $250K, 1 yr Prototyping Lab‐Prototype Partnership SPRING POV $500K, 2 yrs Marketing  Partner MOE/NRF TIF: $500K, 2 yrs a‐Prototype      Application SPRING: ‐ Equity Financing ‐ Tax Incentive Marketing and  Sale Channel Development SPRING ICV Transfer Translate IE:  Marketing Grants POC Effort Co‐Lead Joint Effort Joint Effort Gap? Product  Specs;  Market  Insight;   Project Lead? Joint Effort 24 Feb 2014
  6. 6. Copyright 2014 NUS Enterprise. All Right Reserved. A Presentation by Industry Liaison Office - A Division of NUS Enterprise An old story we all know… Wow, there are  still a lot of  developmental  works needed!  Actually, I am good  for something else  Err, the market  seems pretty  small… Ting D N @ ILO    There is not enough  supporting  infrastructure in place  to support the  productization © 2012 NUS Enterprise. All Rights Reserved Hmm, this is going  to be a great  invention with  many applications! 6 24 Feb 2014
  7. 7. Copyright 2014 NUS Enterprise. All Right Reserved. A Presentation by Industry Liaison Office - A Division of NUS Enterprise Innovation is a Convergence Process so is  Technology Commercialization  It takes Conversation, Communication and Open Mind  to see that  It is an ELEPHANT. Ting D N @ ILO    © 2012 NUS Enterprise. All Rights Reserved 7 24 Feb 2014
  8. 8. Copyright 2014 NUS Enterprise. All Right Reserved. A Presentation by Industry Liaison Office - A Division of NUS Enterprise Let’s talk  Elephant Ting D N @ ILO    © 2012 NUS Enterprise. All Rights Reserved 8 24 Feb 2014

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