Embed Size (px)
Citation preview
Page 1
New Models for CommercializationFederal Partners in Technology TransferJune 18, 2009
A presentation by:
Tom CorrChief Executive OfficerAccelerator for Commercialization Excellence
Page 2
ACE Mission –
Eliminate the Barriers between the University Technology Transfer, Spin-Off Incubation, and Commercialization organizations
Streamline the commercialization process to help entrepreneurs and researchers bring innovative technologies to market;
Provide entrepreneurs and researchers one source and one point of contact for commercialization expertise, services and support; and
Provide industry with a single point of contact for research in the Waterloo Region
Page 3
Introducing ACE
Partnership established in 2008 between:
Ontario Centres of Excellence (OCE) Centre for Commercialization of Research (CCR), funded by the Government
of Canada’s Networks of Centres of Excellence program Program funding from the Province of Ontario
Accelerator Centre (AC) Facility funded by the federal and provincial governments, OCE, the Regional
Municipality of Waterloo, the City of Waterloo and the University of Waterloo. Ongoing program funding provided byOCE and MRI
University of Waterloo Intellectual Property Management Group (IPMG) for technology transfer
Page 4
ACE – Redefining the Way Ideas Move to Market
Centralized access to the resources, expertise and programs of the ACE partners:
University of Waterloo’s technology transfer office, OCE business development managers and AC management and advisors within a full service incubation facility
Continuum of support throughout the commercialization process, end to end, making it easier to navigate through the various stages of business development to commercial success
Page 5
ACE – Expertise, Service and Support
Technology Development
Further develop a technology for the next stage of commercialization in order to secure market acceptance and make the technology more attractive to follow-on investment.
Market Readiness / Proof of Principle Demonstration, scale up, compliance testing & certification Product development Technology and market assessments
Intellectual Property Strategy Patents protection, copyright, trademark
Page 6
ACE – Expertise, Service and Support
Business Development
Business Plan / Strategy Assistance
Market Research and Development Access to reports, consultants Marketing to potential partners, customers, investors
Licensing Negotiations
Page 7
ACE – Expertise, Service and Support
Business Advice
Access to Mentorship Services Proven entrepreneurs and domain experts whose mentorship will
help accelerate the success of client enterprises
Access to Professional Expertise Network of expert service providers including legal, IP, HR, and
accounting
In-house expertise in start-up company formation, financing, business strategy, IP protection and licensing
Page 8
Partner Roles within ACE
UW – Intellectual Property Management Group
Assist the University research community in transferring technologies to industry for commercialization
Identify new University technology opportunities and assess commercial viability, business strategy and plan development
Secure IP protection with a view to commercialize via licensing or start-up company creation activities
Obtain follow on investment from government agency/funding programs, venture capital and angel investors/networks
Educate UW faculty, staff and students in understanding issues associated with IP protection
Page 9
Partner Roles within ACE
OCE – Centre for Commercialization of Research
Generate economic benefits for Canada through the successful commercialization of technologies originating in Canadian universities, colleges and research hospitals
Technology and market assessments and research, IP strategy development and protection, business mentorship through Embedded Executives (up to 6 months), business plan assistance
Access to market readiness funding, Investment Accelerator Funding, angel investors and networks
Centre advisors and mentors provide a unique range of support services and education programs
Page 10
Partner Roles within ACE
Accelerator Centre
Accelerate the creation, growth, and success ofits clients – fledgling start-up companies
Centre advisors and mentors provide a uniquerange of support services and networking opportunities
Access to network of expert service providersincluding legal, IP, HR, and accounting
Access to on- and off-site organized specialevents with networking components
Daily networking opportunities with otherentrepreneurs
Education and training programs focused on client needs Sales & marketing, human resources, legal, IP protection
Access to venture capital, angel investors and networks Professional facilities for start-ups and education programs
Page 11
Professional Facilities
Competitive leasing rates, multi-sized suites, meeting rooms, networking areas, kitchen facilities, and all essential services
Professional office suites range in size from 261 to 903 sq ft with movable wall systems
High-speed Internet access and phone lines
Page 12
ACE Location
University ofWaterlooResearch and Technology Park
Accelerator CentreNorth CampusUniversity of Waterloo
Page 13
ACE Management Team
Dr. Tom Corr, Chief Executive Officer, ACE
Tim Ellis, Director, Operations, Accelerator Centre
Gary Brock, Director, Strategic Initiatives, IPMG,University of Waterloo
Scott Inwood, Director, Commercialization, IPMG,University of Waterloo
Marc Castel, Director, Commercialization,OCE – Centre for Commercialization of Research
Page 14
Benefits of ACE
Simplified one stop access to technology transfer, business development and incubation
Streamlined commercialization process
Move technology to market faster, better and withfewer hurdles
Individualized program planning to meet the unique needs of the start-up or licensing opportunity
MORE [email protected]
Page 15
Thank You
