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Building a Front Door
for Innovation
Derek Eberhart, PhD
Director, Innovation Gateway
Ian Biggs
Senior Associate Director, Innovation Gateway
The Challenge
• Top-flight research universities are
key to success in the global
innovation economy
• University research discoveries
help fuel the innovation pipeline
• Universities must ensure robust
industry engagement and transfer
of discoveries to the market
Evolving Innovation Landscape
INDUSTRY INVESTORS UNIVERSITIES
Our Solution
• Innovation Gateway launched in 2015
• Combines UGA’s innovation,
intellectual property licensing, and
startup programs
• Streamlines path from lab to market
• Ensures that UGA research discoveries
reach their full potential for public
benefit and economic impact
Our Concept:
The front door for innovation
• A “one-stop” shop to match UGA resources
with industry needs
• A cohesive, multi-faceted approach
• Efficient translation of discoveries into new
products and companies
• The right pathway for each invention
• Strategic partnerships
Leveraging Existing Strengths
Top 10
Licenses & options
Top 20
Licensing revenue
6
• Formed industry-focused licensing teams
• Revamped invention disclosure evaluation process
• Integrated innovation, licensing and startups
-Rankings based on annual licensing survey by Association of University Technology Managers (AUTM)
Path to Successful Startups
GENERATE
Explore new
opportunities
EVALUATE
Define challenges &
identify critical path
DEVELOP
Leverage services
& seed funding
SCALE UP
Support sustainable
growth
• Education
• Coaching/Mentoring
• Access to funding
 GRA Ventures grants
 SBIR grants
• Incubator space
 Lab & office
• Advisory Board
The Innovation Ecosystem
• Board of Advisors
• Georgia Research Alliance
• Industry Partners
• Regional Incubators
• Regional Economic Development
• Local Innovation Centers
Strategic Alliances
• Student Entrepreneurship
• Small Business Development
• Researchers
• Industry Partnerships
• College Deans
• Alumni
University Partners
UGA
Strategic
Alliances
The Innovation Ecosystem
• Board of Advisors
• Georgia Research Alliance
• Industry Partners
• Regional Incubators
• Regional Economic Development
• Local Innovation Centers
Strategic Alliances
• Student Entrepreneurship
• Small Business Development
• Researchers
• Industry Partnerships
• College Deans
• Alumni
University Partners
UGA
Strategic
Alliances
Economic
Development
Increased impact of innovation, licensing
and startup program
• 20+ new startups
• 200 new jobs created
• 140+ new products on the market
• $1M in new grants to expand resources
Invention
Disclosures
+30%
Licensing
Revenue
+30%
Active Startup
Projects
+40%
Our Impact
Since 2015
Next Steps
• Continue to “Illuminate the Pathway”
• Develop new partnerships
• Enhance regional partnerships to provide space
for graduate companies
• Leverage I-Corps and i6 grants
• Continue to diversify funding sources
Takeaways
• Be vigilant in adapting to evolving landscape
• Alignment and partnerships are key
• Minimal new university resources required
• Alignment of stakeholders may not require
restructuring
• Commercialization expertise is essential
• Cohort-based programs ensure scalability
• Alumni network is a valuable resource
research.uga.edu/gateway

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Innovation Gateway - University of Georgia

  • 1. Building a Front Door for Innovation Derek Eberhart, PhD Director, Innovation Gateway Ian Biggs Senior Associate Director, Innovation Gateway
  • 2. The Challenge • Top-flight research universities are key to success in the global innovation economy • University research discoveries help fuel the innovation pipeline • Universities must ensure robust industry engagement and transfer of discoveries to the market
  • 3. Evolving Innovation Landscape INDUSTRY INVESTORS UNIVERSITIES
  • 4. Our Solution • Innovation Gateway launched in 2015 • Combines UGA’s innovation, intellectual property licensing, and startup programs • Streamlines path from lab to market • Ensures that UGA research discoveries reach their full potential for public benefit and economic impact
  • 5. Our Concept: The front door for innovation • A “one-stop” shop to match UGA resources with industry needs • A cohesive, multi-faceted approach • Efficient translation of discoveries into new products and companies • The right pathway for each invention • Strategic partnerships
  • 6. Leveraging Existing Strengths Top 10 Licenses & options Top 20 Licensing revenue 6 • Formed industry-focused licensing teams • Revamped invention disclosure evaluation process • Integrated innovation, licensing and startups -Rankings based on annual licensing survey by Association of University Technology Managers (AUTM)
  • 7. Path to Successful Startups GENERATE Explore new opportunities EVALUATE Define challenges & identify critical path DEVELOP Leverage services & seed funding SCALE UP Support sustainable growth • Education • Coaching/Mentoring • Access to funding  GRA Ventures grants  SBIR grants • Incubator space  Lab & office • Advisory Board
  • 8. The Innovation Ecosystem • Board of Advisors • Georgia Research Alliance • Industry Partners • Regional Incubators • Regional Economic Development • Local Innovation Centers Strategic Alliances • Student Entrepreneurship • Small Business Development • Researchers • Industry Partnerships • College Deans • Alumni University Partners UGA Strategic Alliances
  • 9. The Innovation Ecosystem • Board of Advisors • Georgia Research Alliance • Industry Partners • Regional Incubators • Regional Economic Development • Local Innovation Centers Strategic Alliances • Student Entrepreneurship • Small Business Development • Researchers • Industry Partnerships • College Deans • Alumni University Partners UGA Strategic Alliances Economic Development
  • 10. Increased impact of innovation, licensing and startup program • 20+ new startups • 200 new jobs created • 140+ new products on the market • $1M in new grants to expand resources Invention Disclosures +30% Licensing Revenue +30% Active Startup Projects +40% Our Impact Since 2015
  • 11. Next Steps • Continue to “Illuminate the Pathway” • Develop new partnerships • Enhance regional partnerships to provide space for graduate companies • Leverage I-Corps and i6 grants • Continue to diversify funding sources
  • 12. Takeaways • Be vigilant in adapting to evolving landscape • Alignment and partnerships are key • Minimal new university resources required • Alignment of stakeholders may not require restructuring • Commercialization expertise is essential • Cohort-based programs ensure scalability • Alumni network is a valuable resource

Editor's Notes

  1. Key points: All 3 missions of university (teaching, research service are important to innovation economy -Advanced workforce development; disseminate information, partner -Our focus is on innovation Universities can fuel innovation pipeline Must adapt tech transfer modalities to reflect evolving landscape
  2. Industry Increased outsourcing of R&D Averse to unproven technologies Investors Preference for technologies at later development stage Lower risk tolerance Universities Lack of alignment in innovation and entrepreneurial ecosystem Importance of industry/ regional economic engagement Federal research funding uncertainty Faculty demand for enhanced commercialization services
  3. This slide needs to build in 5 steps and needs a different picture. Advisory Board is a separate bullet. We put together a four stage process: Generate – active cultivation and outreach. Finding the technologies that could produce a commercial outcome. Evaluate – Help teams understand what it takes to move from a lab proven technology to a product that has a commercial future Develop – Provide the services that startups need but don’t have and a safe space for them to move down the path Scale Up – Transition to standing on their own feet, though with all the help still available
  4. Need slides 8 and 9 in order to build animation. UGA and partner details Strategic Alliances and details Economic Development Main message is about alignment Re order the individual bits
  5. Need slides 8 and 9 in order to build animation. UGA and partner details Strategic Alliances and details Economic Development Main message is about alignment Re order the individual bits
  6. Do we need to mention AUTM rankings?? – No, don’t think so Annual economic impact is for all 1100 jobs, the 200 jobs created since 2015 add about $25m
  7. Deliver is the key – we have all the resources we need right now, though some need to be realigned Industrial partnerships are key Communication is a key continuing step
  8. Can we put a UGA logo on the takeaway box?