tiecon delhi 2013 - introduction to csir tech by amitabh shrivastava

Introduction to CSIR-TechBy

Amitabh Shrivastava, CEO

[email protected]/in/amitabhshrivastava

CSIR-Tech Pvt. Ltd. (CTPL)(www.csirtech.com)

Facilitating Lab to Market Journeys

© CSIR-Tech Pvt Ltd 1

CSIR-Tech – The Need

Meeting India’s need for Knowledge-intensive entrepreneurial ventures, nucleated at research institutions e.g., University of Oxford Cambridge, Imperial College, Stanford University, MIT, University of Chicago and Harvard University

CSIR-Tech – commercialization partner to Labs to help increase reach to private enterprise by several folds/yeare.g., hold equity in private ventures, attracts commercially savvy talent to transition Lab’s IP and hold hands with technology spin-offs


• 3000+ patents (Majority of publicly funded R&D)• CSIR licensed 9% of its patents; global average 3-5% • 5000+ Scientists• 37 Laboratories – NAL, NCL, IICT, IMTECH, CEERI, CFTRI, etc, etc!!• Tech, IP, know-how transfers to majority of Fortune 1000, India

Council of Scientific & Industrial Research

Select list, Know-how Transfer, etc–Amul Milk Foods –Streptokinase – pioneering blood clot buster–Sonalika, Swaraj Tractors–IOC, Tata, Reliance, major pharmas–IISER, AcSIR–Supercomputers, Mathematical modeling –Light Commercial Aircraft

Sample Sectors– Medicines, Medical devices, Bio-Tech,

Bio-Informatics– Chemical, Processes , Petrochemicals,

material sciences– Food Technologies, Neutraceuticals,

Edible Oils– Water, Environment, Oceanography,

Salt– Energy – renewable, storage,

alternative– Infrastructure – roads, building,

weather monitoring– Social


Scientists/professors can promote companies

Institutes/labs can give technology in lieu of equity

Incubators and mobility of researchers

Implemented by CSIR: Approved by 174th GB of the CSIR on 11 Aug 2009

DSIR Notification


CSIR-Tech Pvt Ltd (www.csirtech.com)

Facilitating Lab to Market Journeys

Taking the sweat out of partnership between Industry and Academia

Vision: to create wealth out of publicly funded science and technology for the good of the people of India

Chairman: (Padma Vibhushan) Dr. Vijay Kelkar

Activities for Value Creation

•Identify technologies, de-risk and take to market

•Bring-in entrepreneurial zeal and private investments to accomplish these tasks

•Market, negotiate deals and assist in translating technology into products & services

Outcomes: -15 startups to be created in the next 4 years-50 Tech commercial deals/yr (Avg) over next 4 years


http://www.csirtech.com/

Board of Directors

Dr Vijay KelkarPadma Vibhushan Awarded

Well known Economist

Dr Saurabh SrivastavaChairman, CAEx-NASSCOM

Mohandas PaiChairman, MGEEx-Infosys board

Luis MirandaEx-Chairman, IDFC PE

Ex-CEO, IDFC PE

Dr S. SivaramBhatnagar FellowEx-Director, NCL

Dr V. PremnathHead, NCL Innovations

Director, Venture Center

Chairman

Amitabh ShrivastavaCEO, CSIR-Tech

Serial Entrepreneur

CEO

S.A. ThimmaiahCGM, Corp Strategy &

New Business, SBI

Prakash RaoGM, Private Equity, State Bank of India

Dr Sourav PalDirector, CSIR-NCL

Professor, IISER© CSIR-Tech Pvt Ltd 6

CSIR-Tech - SummaryEnables enterprises to use technology emanating from labs• Works closely with CSIR and other labs to commercialize

– Through creation of spin-outs (primarily)• Identifying spin-out opportunities• Developing them further• Spinning them out as start-up enterprises

– Licensing technology to partners• A for-profit private limited company that

• enterprises to enter into commercial deals with research labs• Scientists/Labs to spin-off ventures & leverage private investments• SMEs and Start-ups to get access to lab IPs without huge cash

outflow


CSIR-Tech – Catalyzes Lab to Market

EnterprisesCSIR andOther Labs CSIR-Tech

“Enables enterprises to use technology emanating from labs”

Deploy

Intellectual Property /Know-how

Market Feedback

Returns


Spin-off /Start-ups

CSIR-Tech Fund& Other

PE investorsCSIR-Tech

Investment Opportunity

Returns

“Entrepreneurs can engage with scientists”

Deploy

Funds,

EIREIR

Next Round


Entrepreneurs can engage with scientists in CEO/CXX positions


Enterprises

Spin-off /Start-ups

CSIR andOther Labs

CSIR-Tech Fund& Other

PE investors

CSIR-Tech

Investment Opportunity

Returns

“Right partner for Entrepreneurs to reach CSIR & other publicly funded Labs”

Deploy

Funds &

Intellectual Property /Know-how

Market Feedback

Returns



CSIR-Tech – Integrate Solutions

Market Data

CSIR-Tech

Lab Facing Market Facing


CSIR-Tech Enterprises

Other Labs

CSIR Labs

Know-How Data

“A Systems Integrator approach: CSIR-Tech provides solutions, not just IP”

Talent Trends & Insights

Ideas & Inventions

Solution Specification

IP Product / Service Scope

Knowhow Strategic Partners

Services Distribution Channels

Infrastructure Customers

Startups & Spinoffs

SMEs Indian Corporates

MNCs

Innovation Complexes

Current Players in Ecosystem

Incubators

( ₹ Provide GoI funds to Startups ₹)

TTOs / BizDev Dept.

( ₹ Generate Revenue for Labs for Tech Transfer & Licensing ₹)


Talent Trends & Insights

Ideas & Inventions

Solution Specification

IP Product / Service Scope

Knowhow Strategic Partners

Services Distribution Channels

Infrastructure Customers

Startups & Spinoffs

SMEs Indian Corporates

MNCs

Innovation Complexes

CSIR-Tech

( ₹ Strike Deals/market aggressive/integrate solutions₹)

( ₹ Create Capital Gains for Labs via Equity Stakes ₹)

CTPL’s Positioning in Ecosystem

Incubators

( ₹ Provide GoI funds to Startups ₹)

TTOs / BizDev Dept.

( ₹ Generate Revenue for Labs for Tech Transfer & Licensing ₹)


• Opportunity identification : Survey and mine scientific capabilities in laboratories and identify those that can be translated into products and services on license

• Technology de-risking : Planning, resourcing and getting proof-of-concept studies done

• Business planning and raising finances : Drafting a business plan along with the entrepreneurial team and raising/ securing investments

CSIR-Tech – Activities, Business• Synthesis, aggregation, agreements

: Identify and bring together key resources – entrepreneur, technologist, knowhow, IPR, infrastructure, and strategic partners

• Virtual business incubation support : Help spin-offs and support nascent business through the early stages of their creation and growth

• Technology marketing : Identifying and evangelizing buyers, striking deals

• Early stage investments : Early stage proof-of-concept and venture financing


Industry Clusters

Life & Allied Sciences

Chemicals, Materials, Energy

and Environmental Sciences

Engineering, Information &

Communications Technology

© CSIR-Tech Pvt Ltd

CSIR-Tech – Supply Side

15

“Help Industry to enter into commercial deals with Labs”

Industry Clusters

Life & Allied Sciences

Chemicals, Materials, Energy

and Environmental Sciences

Engineering, Information &

Communications Technology

includes, Drug Research, Medicines, cell and molecular biology, Genomics, Bio-Chemistry, Toxicology, Botanical medicines and research, etc.

Includes, Petro-chemicals, mining, traditional and alternate fuels, leather technologies, electro-chemicals, salt and marines, etc

includes, mechanical, electrical and electronics, s/w, instrumentation, civil, maths, aeronautical, environmental, metallurgical, glass & ceramics, etc

© CSIR-Tech Pvt Ltd

CSIR-Tech – Supply Side

16

“Help Industry to enter into commercial deals with Labs”

CSIR-Tech – Summary

- Identifies tech capabilities of commercial value

- Enables Industry to know what’s available, how to use it

- Provides platform to translate capabilities into products

- Enables Labs to enter into equity arrangements

- Start-up ventures, Spin-offs and Joint Ventures.

- Passes benefits to labs and scientists

“Unleash a spurt of scientific entrepreneurship”


Thank You

Amitabh ShrivastavaCEO, and Executive Director

CSIR-Tech Private Limited100, NCL Innovation Park

Dr Homi Bhabha RoadPune – 411008

Phone: +91 99 00 33 1885, +91 20 6401 1026Email: [email protected]

Web: www.csirtech.comin.linkedin.com/in/amitabhshrivastava


http://www.csirtech.com/

http://in.linkedin.com/in/amitabhshrivastava

tiecon delhi 2013 - introduction to csir tech by amitabh shrivastava

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