Role of Science Parks & Incubators in Cluster Development: Case Study of IKP Knowledge Park

Towards Facilitating Global Outreach of European and Indian Innovative ClustersDecember 1, 2010, Delhi

Deepanwita ChattopadhyayMD & CEO, IKP Knowledge Park

Erstwhile ICICI Knowledge Park

Cluster Development Models

Erstwhile ICICI Knowledge Park

One or a combination suitable based on economic, industrial and innovation environment of the region

Elements of a Cluster

Support Services Companies – vendors, equipment suppliers,

law firms

Life Science Parks/Incubators to nurture

SMEs

INNOVATIONCLUSTER

Good common Infrastructure, Testing facilities,

regulations

Monitory incentives,Tax breaks, Bank loan,

Seed Fund, VC

Anchor companies,Innovative SMEs,

Startups

R&D Institutions with strong industry

Linkages

Erstwhile ICICI Knowledge Park

Seed Elements

Indian Life Science Clusters

Erstwhile ICICI Knowledge Park

•PERD, NIPER•Savli Biotech Park • Proposed Biotech Park in Ahmedabad• MS Univ Baroda

• Anna University•IIT Madras • TICEL Biotech Park• Women’s Biotech Park

• CDRI, IITR, CIMAP, NBRI • Lucknow Biotech Park

•NIPER •PGI Chandigarh•IMTECH•IISER• Proposed Agri Biotech Park

•TIFR •IIT Bombay, Univ of Mumbai•National Chemical Laboratory • National Centre for Cell Sciences• Pune University, IISER• International Biotech Park

• Indian Inst of Chemical Biology • IIT Kharagpur• Bose Institute• Dept. of Biotechnology, CU• IISER, DBT Institute, Haringhata

• DBT, DST, CSIR, DP, ICMR, ICAR• Translational Health Sciences Cluster•National Institute of Immunology •ICGEB• Institute of Genomics & Integrative Biology• National Brain Research Centre•JNU, Delhi University

•Indian Institute of Chemical Technology•Centre for Cellular & Molecular Biology•Centre for DNA Fingerprinting & Diag•National Institute of Nutrition, ICRISAT• University of Hyd, Osmania Univ•IKP Knowledge Park, SP Biotech Park

• Indian Institute of Science•National Centre for Biological Sciences•Jawaharlal Nehru Centre for Advanced Scientific Research• University of Agricultural Sciences• Stem Cell Institute•IBAB, ABLE

Lifescience Innovation Ecosystem of Hyderabad

Genome Valley Cluster - 600 sq. km in three blocks around Hyderabad designated for life sciences growth

Hyderabad Pharma Cluster - organic growth Life Sciences R&D institutions

CCMB, IICT, CDFD, NIN, ICRISAT, ILS, Univ of Hyderabad, Osmania University etc.

Biopharma Companies Dr. Reddy’s Laboratories, Shantha Biotechnics, Indian

Immunologicals, Bharat Biotech, Biological Evans, Suven Life Sciences etc.

Contract Research Organisations Vimta labs, GVK Biosciences, Sai Advantium,, Aptuit

Laurus etc. Hospitals, clinicians involved in R&D and clinical research 3 operational Life Science Parks, 2 under development 4 operational incubation centres Dedicated biotech fund - Venture East

IKP Knowledge Park India’s first Wet Lab Research Park in Hyderabad – core of

Genome Valley Cluster Mission : To create a world-class centre for leading-edge

business-driven research Objective : To encourage and nurture an environment for

innovation by developing a life science park Focus areas : biotechnology, pharmaceuticals, new

materials and telecommunications Founders : ICICI Bank & Govt Andhra Pradesh Structure : Not for profit Ownership : 100% by IKP Trust Operational : Since June 2000 On Offer : Land, lab space, Incubator (lab, equipment, mentorship), funding,

technology licensing

Erstwhile ICICI Knowledge Park

Profile of Resident Companies

45 companies/organisations so far 16 Graduated 29 Present – 25 residents, 2 R&D Centres taken land, 2

associates 71% into product /technology development 25% Contract Research Companies; 4% Regulatory Over 70 patents filed /granted

Erstwhile ICICI Knowledge Park

Companies at IKP

Erstwhile ICICI Knowledge Park

Technology Commercialization from National Labs

Erstwhile ICICI Knowledge Park

Reviewing technologies from National R&D labs Ongoing collaboration with CDFD (DBT National Lab) to

commercialise technologies developed at CDFD by forming venture teams (CDFD-IKP Fellows)

Unique experiment in India ; if successful could become a sustainable commercialization strategy for National Labs CDFD-IKP Fellows to work on technology validation at CDFD Visit IKP once a week to discuss IP strategy, market strategy,

business plan, valuation, finance and interact with companies at IKP

Offered 20 acres land to CDFD to build its permanent campus at IKP campus Would result in long term collaboration

Addressing the Funding Challenge

USD 400,000 Seed Support Fund for incubating ideas/proof of concept

USD 22 mn early stage Venture Fund Objective: To support IP based

innovative companies during its proof of concept period and make them ready for the traditional VC market

Erstwhile ICICI Knowledge Park

Focus areas: Pharma, medical devices & diagnostics, wireless technology, automotive infotronics

Around 70% proposals received for investment focus on serving large underserved populations

In talks with govt departments, Wellcome Trust, Gates Foundation

National Award for best Incubator- 2007

Erstwhile ICICI Knowledge Park

IKP Innovation and Growth Strategy

Science Park

Incubator

2000 2006 2009

India Innovation

Fund

Commrl. of Technology

from R&D inst.

Erstwhile ICICI Knowledge Park

Collabo- rations

2010

ICTPH, ICAAP

2008

Collaboration with European Clusters/STPs

Erstwhile ICICI Knowledge Park

Policies on Innovation Clusters need to include and involve STPs STPs are a powerful tool for developing new innovative

companies, improving the existing ones and creating a culture favorable to the growth of Knowledge Economy

IASP and its European Division important collaborators of IKP and the Indian STP movement

What role can IKP play in European Clusters?

Thank You

Erstwhile ICICI Knowledge Park