1. ONTARIO CENTRES OF EXCELLENCE David Doran David.doran@oce-ontario.org Ross Bradsen Ross.bradsen@oce-ontario.org
2. Ontario Centres of Excellence Established in 1987 by the Ontario government Five sector focused centres including energy, environment, ICT, manufacturing, and photonics OCE added a Centre for Commercialization of Research with federal funds in 2008 For FY 09/10, OCE Invested $25.8 million in 503 projects that attracted $40.1 million investment by industry partners. Worked with 40 academic institutions and connected researchers with 757 companies Helped create 20 new start up companies that attracted a further $113 million in follow on investment
3. Innovation Leadership 1 Singapore 2 South Korea 3 Switzerland 4 Iceland 5 Ireland 6 Hong Kong 7 Finland 8 United States 9 Japan 10 Sweden 11 Denmark 12 Netherlands 13 Luxembourg 14 Canada 15 United Kingdom 16 Israel 17 Austria 18 Norway 19 Germany 20 France The Global Innovation Index is a global index measuring the level of innovation of a country, produced jointly by The Boston Consulting Group (BCG), the National Association of Manufacturers (NAM), and The Manufacturing Institute (MI), the NAM's nonpartisan research affiliate.
4. Ontario Network of Excellence Build globally competitive companies Leverage the capacity of research institutions Build a world-class knowledge and technology transfer network www.oneinnovation.ca
5. The ONE www.oneinnovation.ca OCE Industry-Academia Collaboration Program & Centre for Commercialization of Research MaRS Business Accelerator Program SICs Sector Innovation Centres RICs Regional Innovation Centres Waterloo -Communitech Halton Hamilton Guelph London – Tech Alliance Niagara Windsor - Softech IACP Collaborative Commercialization Technology Transfer Partnerships Talent CCR Advice Insight Education Capital Bio-Auto Council
6. Commercialization Sources of Finance Government Research Funding Ontario Centres of Excellence Programs IACP CCR Angel Investors Venture Capital IPO / Other Banks Industry Stages of Commercialization of Innovation Fundamental / Pure Research Applied Research Technology & Product Development Commercial Demonstration and Initial Operations Market Entry & Volume Production
17. Facilitated Access to CapitalOCE programs funded by the Province of Ontario to Colleges, Universities and Research Hospitals OCE programs funded by the Government of Canada to companies
18. 3-9 month Industry-Academic projects Address specific company challenges or opportunities Must have significant quantified Economic benefit to the company and/or positive Environmental or Social impact <$25K – fast, limited # (competitive process), monthly >$25K – more due diligence, 3x per year Industry matches OCE investment (cash and in-kind) “ This program has been a low risk, high value and high potential reward program. Carla Ring Herron Director, Business Development Kangaroo Design Inc.
19. Industry - Academia research partnerships Longer term 1-2 years, $50-100k pa typical Develop commercially viable technology Address specific company challenges or opportunities Must have significant quantified Economic benefit to the company and/or positive Environmental or Social impact Industry matches OCE investment (cash and in-kind) 3x per yr; competitive process “It is very difficult for smaller companies like us to find the right technology research partners. We would never have been able to tap into them if OCE had not directed us.” Anand Srinivasan Vice President, EION Inc.
20. Create sustainable start-ups Significant license transfers to companies Technology and Market Assessment Business plan development Prototype development IP protection Embedded Executive (CCR) Syndicated Investment (CCR) Entrepreneur Development (CCR) 6-9x per year “OCE’s Market Readiness was one of the validating steps that allowed us to close on our first customer and raise our first equity investment.” Keith Thomas President & CEO, Vive Nano.
31. Facilitated Access to CapitalOCE programs funded by the Province of Ontario to Colleges, Universities and Research Hospitals OCE programs funded by the Government of Canada to companies
32. Technology Transfer Partnerships (TTP) Technology Transfer Networks (TTN) C4 (Collaborate-Cooperate-Coordinate-Commercialize) McMaster, Hamilton Health Sciences, St. Joseph’s Healthcare, WORLDiscoveries (UWO), Guelph, Waterloo, WLU, Windsor Institutional Proof of Principle (IPOP) Business Analysis/Modeling Prototypes Patents
43. Facilitated Access to CapitalOCE programs funded by the Province of Ontario to Colleges, Universities and Research Hospitals OCE programs funded by the Government of Canada to companies
44. Final year undergrad student projects Addresses industry technical problems and challenges Real-world industrial relevance EoI in Sep, Proposals in Oct, Approvals in Nov Up to $3,500 per team “HouseAll has been very please with our participation and will continue to participate as long as the program runs. We hired two of the four team members last year and may very well hire members from this year’s team.” Miles Kennedy Founder & CTO, HouseAll Systems
45. Enable hiring of highly skilled graduates OCE will contribute to first salary of recently graduated Masters or PhD Industry: Increase global competitiveness – de-risk hire Academia: Apply academic research – accelerate career Keeps tech talent in Ontario “Our First Job recruit helped drive the challenging process of taking an idea from bench to market. He was able to deliver a commercial prototype ahead of schedule.” Michael Cowan Co-founder & President, Attodyne Inc.
46. 1-2 Day training seminars for grad students Development of essential business and entrepreneurship skills Strategic and Business Planning Business Development and Entrepreneurship IP and Technology Transfer Team-based Project Management Networking Leadership Skills “At Larus Technologies, we believe the VAP Program is so valuable, we are enrolling all our recent engineering hires.” Gail diCintio VP Operations, Larus Technologies
47. Innovation Leaders Students from all OCE sponsored programs (1000s/yr) Educate and Inspire future innovation leaders to play a strong role in influencing the adoption of R&D, IP and its Global Commercialization by the companies where they become employed Tools include courses, events, practicums, OCE alumnae, etc.
48. Metrics 1. Industry Challenge/Opportunity (Voice of Industry) Number of Needs Identified – Select the best Industry Innovation-Readiness – Select the best companies and management teams Economic impact of resolved need – Typically >$10M annually (at maturity) Duration of Impact Probability it will be Commercialized and eventually reach Global Leadership Environmental / Social Impact – Select the most significant Industry Cash and In-Kind Contributions – the higher the better (min 50%) 2. Industry - Academic Collaboration Solutions and Knowledge Transferred to Industry – Industry Satisfaction Publications, Disclosures, Patents, Licenses Academic Prototypes, Trials Number of Innovation Leaders (students) Graduated 3. Commercial Preparation (Product, Process, Customer Development) Number of prototypes, process improvements, strategies, business models, services Number of customer trials $ Invested in commercial preparation (OCE & others) Time to Innovation Launch Number of Brands, Logos or Industrial Designs 4. Market Success Economic impact (actual versus forecasted) Resources committed to grow and fully exploit innovation Barriers to Commercialization or Global Growth Market share held - Globally Jobs Planned / Created / Sustained
49. OCE Organization OCE now regionally segmented Southwest Central Eastern & Northern Southwest Region Business Development Team Ross Bradsen Director Dave Doran Waterloo, WLU, Conestoga Leanne Gelsthorpe Waterloo Jamie Doran Guelph George Wright McMaster, Mohawk, Niagara, Brock Steve Colbert UWO, Windsor Jessie Maggard UWO, Fanshaw Marc Castel CCR http://www.oce-ontario.org/Pages/contactbd.aspx#western
Last year is 2009-2010 – new data which will appear in 2009-2010 annual report
Ross
Ontario Network of ExcellenceThe goals of the Network are to build an effective commercialization network that will:Build globally competitive companies by offering a suite of programs focused on bringing new products and services to the global marketplaceTo leverage the capacity of Ontario’s research institutions to support industry-driven commercialization activities To build a world-class knowledge and technology transfer network for Ontario’s public research institutionsClient-focused innovation network :The best resources and expertise available, at the right speedThe right resource, the right time the right level of supportA flexible network that can quickly respond to new and emerging market opportunitiesPrograms, services and resources in all regionsThe Industry-Academic Collaboration Program, or IACP, is one of several programs provided by the Ontario Network of Excellence and is administered by the Ontario Centres of Excellence.
As you know, College Ontario Network for Industry Innovation, or CONII, strengthens the public College/industry linkages and collaboration and improves College linkages to the local economy. The IACP will continue to build on these outcomes by administering the Capacity Building funding for activities that include staff resources; patenting; office space; outreach; etc. IACP will as well administer the Project funding which covering Diagnostic Assessments and Proof-of-Principle projects. This program will be administered by OCE and delivered in partnership with CONII. This program is modelled after MRI’s Ontario Research and Commercialization Program A and B.The project funding will be divided into two components: the Diagnostic Assessments and Proof-of-Principle projects. The former intends to evaluate promising industry-college applied-research project possibilities to choose those worthy of being funded through the latter. This program will be administered by OCE and delivered in partnership with CONII. This program is intended to supplement core funding for CONII members’ research, technology transfer and industry liaison offices. The colleges and CONII must maintain their commitment to existing research/technology transfer/industry liaison office budgets.With regards to funding. In this transition year, we will continue to meet our existing funding commitments. Funding will be tight during this transition year.
Steve
Steve
Marc / Tania / Steve
As you know, College Ontario Network for Industry Innovation, or CONII, strengthens the public College/industry linkages and collaboration and improves College linkages to the local economy. The IACP will continue to build on these outcomes by administering the Capacity Building funding for activities that include staff resources; patenting; office space; outreach; etc. IACP will as well administer the Project funding which covering Diagnostic Assessments and Proof-of-Principle projects. This program will be administered by OCE and delivered in partnership with CONII. This program is modelled after MRI’s Ontario Research and Commercialization Program A and B.The project funding will be divided into two components: the Diagnostic Assessments and Proof-of-Principle projects. The former intends to evaluate promising industry-college applied-research project possibilities to choose those worthy of being funded through the latter. This program will be administered by OCE and delivered in partnership with CONII. This program is intended to supplement core funding for CONII members’ research, technology transfer and industry liaison offices. The colleges and CONII must maintain their commitment to existing research/technology transfer/industry liaison office budgets.With regards to funding. In this transition year, we will continue to meet our existing funding commitments. Funding will be tight during this transition year.
Tania / Marc
As you know, College Ontario Network for Industry Innovation, or CONII, strengthens the public College/industry linkages and collaboration and improves College linkages to the local economy. The IACP will continue to build on these outcomes by administering the Capacity Building funding for activities that include staff resources; patenting; office space; outreach; etc. IACP will as well administer the Project funding which covering Diagnostic Assessments and Proof-of-Principle projects. This program will be administered by OCE and delivered in partnership with CONII. This program is modelled after MRI’s Ontario Research and Commercialization Program A and B.The project funding will be divided into two components: the Diagnostic Assessments and Proof-of-Principle projects. The former intends to evaluate promising industry-college applied-research project possibilities to choose those worthy of being funded through the latter. This program will be administered by OCE and delivered in partnership with CONII. This program is intended to supplement core funding for CONII members’ research, technology transfer and industry liaison offices. The colleges and CONII must maintain their commitment to existing research/technology transfer/industry liaison office budgets.With regards to funding. In this transition year, we will continue to meet our existing funding commitments. Funding will be tight during this transition year.
