oce uwaterloo presentation
TRANSCRIPT
• 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
Ontario Centres of Excellence
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.
Innovation Leadership
• Build globally competitive companies• Leverage the capacity of research institutions• Build a world-class knowledge and technology
transfer network
www.oneinnovation.ca
Ontario Network of Excellence
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
The ONE
Waterloo -Communitech Halton
HamiltonGuelph
London – Tech AllianceNiagara
Windsor - Softech
IACPCollaborative CommercializationTechnology Transfer Partnerships
TalentCCR
AdviceInsight
EducationCapital
Bio-Auto Council
Commercialization
Fundamental / Pure Research
Government Research Funding
Angel Investors
Venture Capital
IPO / Other
Banks
Applied Research
Technology & Product
Development
Commercial Demonstration and Initial Operations
Market Entry & Volume
Production
Industry
Ontario Centres of Excellence ProgramsIACP CCR
Stages of Commercialization of Innovation
Sources of Finance
Collaborative Commercialization
• Technical Problem Solving
• Collaborative Research
• Market Readiness
OCE Programs
Talent
• Connections
• First Job
• Value Added Personnel
Technical Transfer Partnerships
• Technical Transfer Networks
• Proof Of Principle
• CONII
• Knowledge Exchange
Commercialization of Research
• Advisory Services
• Embedded Executive
• New Entrepreneur – Micro Finance
• Facilitated Access to Capital
Industry Academic Collaborative Programs (IACP)Centre for
Commercializationof Research (CCR)
OCE programs funded by the Province of Ontario to Colleges, Universities and
Research Hospitals
OCE programs funded by the Government of
Canada to companies
• 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 HerronDirector, Business Development
Kangaroo Design Inc.
• 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 SrinivasanVice President, EION Inc.
• 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 ThomasPresident & CEO, Vive Nano.
Collaborative Commercialization
• Technical Problem Solving
• Collaborative Research
• Market Readiness
OCE Programs
Talent
• Connections
• First Job
• Value Added Personnel
Technical Transfer Partnerships
• Technical Transfer Networks
• Proof Of Principle
• CONII
• Knowledge Exchange
Commercialization of Research
• Advisory Services
• Embedded Executive
• New Entrepreneur – Micro Finance
• Facilitated Access to Capital
Industry Academic Collaborative Programs (IACP)Centre for
Commercializationof Research (CCR)
OCE programs funded by the Province of Ontario to Colleges, Universities and
Research Hospitals
OCE programs funded by the Government of
Canada to companies
• 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
Technology Transfer Partnerships (TTP)
Collaborative Commercialization
• Technical Problem Solving
• Collaborative Research
• Market Readiness
OCE Programs
Talent
• Connections
• First Job
• Value Added Personnel
Technical Transfer Partnerships
• Technical Transfer Networks
• Proof Of Principle
• CONII
• Knowledge Exchange
Commercialization of Research
• Advisory Services
• Embedded Executive
• New Entrepreneur – Micro Finance
• Facilitated Access to Capital
Industry Academic Collaborative Programs (IACP)Centre for
Commercializationof Research (CCR)
OCE programs funded by the Province of Ontario to Colleges, Universities and
Research Hospitals
OCE programs funded by the Government of
Canada to companies
• 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 KennedyFounder & CTO, HouseAll Systems
• 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 CowanCo-founder & President, Attodyne Inc.
• 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 diCintioVP Operations, Larus Technologies
• 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
OCE Organization
ONTARIO CENTRES OF EXCELLENCE
Thank you
Questions?