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Technology Translation and Innovation Partnerships
Another Service by ILO
Go-to-Market Series @ FoE: Technology Management and Funding Options24 Feb 2014
Copyright © 2014 NUS Enterprise. All Right Reserved. A Presentation by Industry Liaison Office - A Division of NUS Enterprise
24 Feb 2014
TTIP ‐ Bridging R2M Process
ProtectionEvaluation Licensing/ Spin‐off
Techno
logies
IP Management & Commercialization
Marketing Translation
© 2013 NUS Enterprise. All Rights Reserved
TRL 2‐3 TRL 6‐7
Copyright © 2014 NUS Enterprise. All Right Reserved. A Presentation by Industry Liaison Office - A Division of NUS Enterprise
24 Feb 2014
ILO Commercialization Strategy - Bridging R2MComplementary programs to support technology commercialization
MARKETSDemand Drivers - Partners for
CREATING Market “Pull” Public and Private Sector Translators – Partners for
SUPPORTING Market “Pull”
Man
y pr
ogra
ms
to
Faci
litat
e “p
ush”
to
Mar
ket
Part
nerin
g to
Enha
nce
Mar
ket P
ull
Research Outputs
Technology Push Mechanisms- IP Commercialization Supports
Bootcamps• LLP@SG, • FoE IEL’s TVL, Market Zoom,
Techlaunch• SMART Bootcamp (MIT-
INSEAD)
Proof of Concept (POC) Grants ($250K/12mth)• Proposals Development• During- and post-grant
commercialization supports• Grant Administration
Mentors• Bootcampers• PIs applying for
Translational grant
Translational Initiatives • Membrane • 3D Printing• Graphene
Copyright © 2014 NUS Enterprise. All Right Reserved. A Presentation by Industry Liaison Office - A Division of NUS Enterprise
24 Feb 2014
Partnerships & Collaboration
OutcomeSustainable pipeline of licensable IPs
ProtectionEvaluation Licensing/ Spin‐offTechno
logies
IP Management & Commercialization
Marketing Translation
© 2013 NUS Enterprise. All Rights Reserved
Technology Translation and Innovation Partnerships (TTIP)Bridging Research to Market
Introducing TTIP –a new function that ILO has added to support the commercialization of technologies generated in NUS and its associated Research Centers’ laboratories. TTIP aims through partnering with key stakeholders in the innovation ecosystem, including but not limited to translators, fellow IHLs, agencies, trade associations, technology seekers and demand drivers to support technology translation and commercialization of IPs under the care of ILO.
Introducing TTIP –a new function that ILO has added to support the commercialization of technologies generated in NUS and its associated Research Centers’ laboratories. TTIP aims through partnering with key stakeholders in the innovation ecosystem, including but not limited to translators, fellow IHLs, agencies, trade associations, technology seekers and demand drivers to support technology translation and commercialization of IPs under the care of ILO.
Polytechnic/ITE
Private Sectors:SMEs &MNCs
GovtAgencies
Private Sector
Translator
Trade Association & Chambers
Copyright © 2014 NUS Enterprise. All Right Reserved. A Presentation by Industry Liaison Office - A Division of NUS Enterprise
24 Feb 2014
Research to Market – Partnering Journey:De-risking mechanisms from conceptualization to market
Fund RaisingProductizationMarket TestingMarket DevelopmentProduct TestingProduct Development
Marketing and Sale Channel Development
Prototyping
Applications DevelopmentDefine development strategiesDefine product specificationsIdentify market needsIdentify applications
Marketing/ Sale
Market
Lab‐Prototype
Application
Product
Proof of Concepts
Translate
Productize
a‐Prototype
Transfer
NUS Technology & Capability
Partnership
POC Effort
Product Specs; Market Insight;
Project Lead?NRF POC:$250K, 1 yr
SPRING POC$250K, 1 yr
SPRING POV$500K, 2 yrs
SPRING/MOE T‐Up
SPRING:‐ Equity Financing‐ Tax Incentive
IE: Marketing Grants
SPRING ICV
R&D Supports
Marketing Partner
R&D Lead
Market Dev; Productization
Lead
Marketing and Sale
ChannelDevelopment
R&D Manpower Supply
MOE/NRF TIF:$500K, 2 yrs
Translational Project Co‐
Lead
Translational Project ‐ Lead
Smart Innov Grant:$250K, 2 yrs
Translational Project ‐ Lead
Translational Project Co‐
lead
Joint Effort Joint EffortJoint Effort
Co‐Lead
Gap?
Copyright © 2014 NUS Enterprise. All Right Reserved. A Presentation by Industry Liaison Office - A Division of NUS Enterprise
24 Feb 2014
Hmm, this is going to be a great invention with
many applications!
Err, the market seems pretty
small…
An old story we all know…Wow, there are still a lot of
developmental works needed!
There is not enough supporting
infrastructure in place to support the productization
Actually, I am good for something else
Ting D N @ ILO © 2012 NUS Enterprise. All Rights Reserved 6
Copyright © 2014 NUS Enterprise. All Right Reserved. A Presentation by Industry Liaison Office - A Division of NUS Enterprise
24 Feb 2014
Innovation is a Convergence Process so is Technology Commercialization
It takes Conversation, Communication and Open Mind to see that
It is an ELEPHANT.
Ting D N @ ILO © 2012 NUS Enterprise. All Rights Reserved 7
Copyright © 2014 NUS Enterprise. All Right Reserved. A Presentation by Industry Liaison Office - A Division of NUS Enterprise
24 Feb 2014
Let’s talk Elephant
Ting D N @ ILO © 2012 NUS Enterprise. All Rights Reserved 8
Copyright © 2014 NUS Enterprise. All Right Reserved. A Presentation by Industry Liaison Office - A Division of NUS Enterprise
24 Feb 2014