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FundaciónBarriéScienceFund.ImpactandLessonsLearned
EladioCregoTechnologyTransferAdvisorandCoordinatoroftheScienceFund
www.fundacionbarrie.org
WorkshoponProofofConcept(PoC)inSouthEasternEuropeTrieste– 21-22September2017
BarriéFoundation:HalfacenturypromotingscienceinGaliciaPromotingscientificandacademicinfrastructure,SchoolsofEngineeringandArchitecture,ComputerCenterUSC...
Fundingindividualresearchprojects,DIANAProgram(pharmacogenetics),F.Kovacs(spinaldiseases),...Supportingnewresearchers,graduatescholarships(15.000scholarships)
Generatingresearchtalent,GradSchool,Mentors,Pre-doctoralmobilitygrants...
Scientificvocations
Fosteringtechnologytransfer,ScienceSeedFund,TechnologyTransferTraining,InternationalNetworks
€ 167M invested in Education and Science since 1966
WorkshoponProofofConcept(PoC)inSouthEasternEurope
WhywemadethedecisionoflaunchingaPoCFund
6.605Researchersand113M€researchfundsraised
2.206paperswithimpact71newpatents(276intotal)
5licenses70.000€inrevenues(Royalties&Milestones)
Resources Production Translation
Therewasabiggapbetweenproductionandtransfer.
Incomparisontootherresearchenvironmentsthetechnologytransferrevenuesshouldbebetween1-2M€yearly
WorkshoponProofofConcept(PoC)inSouthEasternEurope
In2009intheGalicianUniversitySystem:
Whatwerewelookingfor?
q Promote research excellence in the Galician Public Research System.
q Promote the transfer of scientific results to society as a basis for social and economicdevelopment.
q Validate research results to obtain economic returns.
q Support technology transfer structures in Galician institutions, training experts in valuation andcommercialization of technologies.
q Promote a knowledge-based economy to ensure a more balanced, diversified and sustainabledevelopment.
Creatinganewmodeltofosterthetranslationofscientificresultstothesociety.
WorkshoponProofofConcept(PoC)inSouthEasternEurope
PatentabilityandfreedomtooperatestudiesInternationalPatentApplicationsBusinessmodeldefinitionPrototypes,clinicaltrials,fieldtrials….BusinessdevelopmentPartnersearch…
Reducetechnologicalriskperceivedbypotentialcustomersofthetechnology
Activitiesrequiredtobringresearchresultstothemarket
Whatactivitiesdidwesupport?
WorkshoponProofofConcept(PoC)inSouthEasternEurope
q FB will act as a partner of research institutions and teams in the development of funded projects.
q It will require the definition of a funding and collaboration agreement which will contain theobligations of each party, a defined development plan, milestones, monitoring, contributions basedon project needs, the sharing of potential returns and the communication policy.
q FB in return for their financial contribution and support will receive a fair share of the revenuesgenerated by the commercialization of the results. These returns will be used to fund new scienceand technology projects.
q Investment policy§ The projects have the capability to generate results with applications in society.§ The results have commercial potential to generate returns regardless of their term.§ The projects are led by excellent scientists and scientific groups.§ Research teams must acknowledge the Foundation as a project partner that adds value beyondfunding itself.
§ The Foundation is open to other sources of funding.
InvestmentPolicy
WorkshoponProofofConcept(PoC)inSouthEasternEurope
100
ProjectsIdentified
35
Projectsevaluated
25
Pre-screening+
9
InvestmentCommittee
5
Approved
11
Completeevaluation
Theevaluationprocess
WorkshoponProofofConcept(PoC)inSouthEasternEurope
OtheractionsfundedwithinthePoCFund
q Trainingcoursesfortechnologytransferstaff(UniversityandotherResearchCenters)
q Secondmentsintoptechnologytransferoffices
q Supportinginternationaltechnologytransfernetworkingevents
WorkshoponProofofConcept(PoC)inSouthEasternEurope
q Committedpeopleonbothsides
q Involvementoftheresearchteam,keydecisionfactor
q Strategicprojectforthegroup
qMinimizenegotiationonthedistributionofreturnsandconcentrateeffortsoncommercialization
q Needtowelcomeexternalpartnerswithprovenexperience
q Eachprojectisdifferent:adhocmanagementandsupportneeds
q Continuousmonitoring:milestones
q Onlyonerepresentativetonegotiatetechnologytransferagreements
qMedium/longtermview
Lessonslearned
WorkshoponProofofConcept(PoC)inSouthEasternEurope
5projectssupported- 1failed(itdidnotreachago/no-gomilestone)3newinternationalpatents+300businesscontacts+30NDAs5MTAs3licenseagreements
2spin-offs/16newjobs(50%PhDs,50%graduates)1Internationalpartnership
0,7M€inresearchcontracts+12M$raised(includinginternationalVC)
Methodology
Securing the Cloud with Automated Privacy Enhancement
DirectImpact
QuorumSensing&QuorumQuenching
WorkshoponProofofConcept(PoC)inSouthEasternEurope
2011-2015 2016- 20XX
IGNICIAPoC• Methodology• Know-how• Experience• Network
• ModelintegratedintheGalicianR&Dplan
• Higherimpact
IndirectImpact
ScienceFundPoC
WorkingTogether
WorkshoponProofofConcept(PoC)inSouthEasternEurope
• Methodologytransfer
IndirectImpact
ScienceFundPoC
WorkshoponProofofConcept(PoC)inSouthEasternEurope
THANKYOU
EladioCregoTechnologyTransferAdvisorandCoordinatoroftheScienceFund
WorkshoponProofofConcept(PoC)inSouthEasternEurope
https://www.linkedin.com/in/eladiocrego/
eladio.crego@eftconsulting.comInvestigacion@fbarrie.org
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