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DoronBen-MeirChiefExecu2veOfficer

6December01

CommercialisingInven2on

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WhatisInnova2on?

R&D(Inven*on)

Commercialisa*on

$!IP

$$$$$!

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VALLEY OF DEATH

Angel Funding & High Net Worth

Venture Capitalists

FFF - Friends, Family & Founders Private Equity, Debt & Public Markets

TheValleyofDeath

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Powering Ideas – Private Sector 

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Commercialisa2onAustraliaSolu2onProvidingmorethanmoney...

Funding

CaseManager

ExpertNetwork

Networks

Par*cipant

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Commercialisa2onAustraliaSolu2on

Exit! Exit!Exit!Exit!Multiple Exits

[Including Fast Failure, Licensing, Angel Investment, Joint Ventures, Referral to other Programs]

Entry!Entry!Entry!Entry!

Proof of !Concept

 

$50,000 to $250,000!!50:50 funding contribution !

!To prove commercialviability (not R&D)!!!

12 Months!!

Early Stage !Commercialisation!!

$50,000 to $2 Million !!50:50 funding contribution !

!To develop a new product,process or service though to

market!!2 Years!

Skills andKnowledge!!Up to $50,000 !!

80:20 funding contribution!!To access expert advice and

services for those new to

Commercialisation!!12 Months!

ExperiencedExecutives!!Up to $350,000 !!

50:50 funding contribution !!To engage a Chief Executive

Officer or other executive!!24 months!

Advice and mentoring throughout life-cycle!Case Managers! Expert Network!

Provide introductions and networking opportunities!

Australian Firms, Entrepreneurs and Researchers![through their Commercialisation Office]!

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CaseManagers

•  6CaseManagersacrossAustralia

•  Allexperiencedbusinessbuilders

• Providetailoredassistancetopar2cipants

•  Workwithpar2cipantsfordura2onofgrant

•  Collegiatenetwork

•  Nofeeforserviceforpar2cipants

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TheExpertNetwork

•  KeyelementofCAvalueadd

•  Seekingmembersin3categories:

1.  SuccessfullycommercialisedIPinthepast

.  Domainexpertsinatechnicalfield

3.  Professionalinvestors,angels,highnetworth

•  Casemanagersfacilitatetheprocess

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OurAssessmentCriteria

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TheStorySoFar….26 Case Managers around AustraliaFunding of $126.5 million announced [as at 2 November 2012]322 Participants 

QLD

Case Managers – 5

Participants - 83

NSW and ACT 

Case Managers – 8

NSW Participants – 88

 ACT Participants – 10

VIC and TASCase Managers – 7

VIC Participants – 77

TAS Participants – 10

WA

Case Managers – 3

Participants - 34

SA and NT

Case Managers – 3

SA Participants – 19

NT Participants – 1

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ValueofGrantsbyKeyTechnology

13%

10%42%

35%

Biotechnology$12.9 million

Software and WebDesign$ 44.5 million

Manufacturing,Engineering and Design$52.6 million

Computer Systemsand Hardware

$16.5 million

 As at 2 November 2012, 322 Participants have been

supported with grants valued at $126.5 million

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ValueofGrantsbyKeyMarket

0 5 10 15 20 25 30

 

l

 

Auto, Aviation, Marine and TCF

OEM

Infrastructure and Building

Health and Medical

Entertainment, Tourismand Sport

Energy, Mining and Resources

Education and Training

Defence and Security

Business andCommunications

Agriculture and Food

 As at 2 November 2012,

322 Participants have beensupported with grantsvalued at $126.5 million

Grant Value ($ million)

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PatMooney

•  Over20yearsexperienceintechnologycommercialisa*on

andinterna*onalbusiness

•  Exper*seinsoHwareand

telecommunica*ons

•  asheldseniorposi*onswith

Invetech,ISShrapnel,CSIRO,

MacquarieMarke*ngGroup,

EmagineandConceroTel

•  oldsMBAandBAin

economics

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MaureenMurphy

• Morethan20yearsexperienceinstrategicdevelopmentand

innova*venewtechnologies

•  Exper*seintelecommunica*ons,

satellitecommunica*onsandIT

•  FormerGMofAAPTSat-Teland

FairfaxElectronicPublishing

• asmanagedbusinessesfrom

earlystagethroughtoexit

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Contac2ngUs

Website:www.Commercialisa*onAustralia.gov.au

Hotline:1356

Email:

ca@innova*on.gov.au

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