Title: University of Toronto
1(No Transcript)
2University of Toronto Institute Optical Sciences
3Ontario Centres of Excellence (OCE) Inc. Who We
Are
- Non-for-profit organization dedicated to
innovation in Ontario - Partner with industry, universities, colleges,
research hospitals and the Government of Ontario - Have been bridging the gap between academic
research and the marketplace since 1987 - Where Next Happens
4Ontario Centres of Excellence (OCE) Inc. What We
Do
- Build Networks of innovators from industry,
academia and government. - Support Research in Ontarios universities,
colleges and research hospitals, in collaboration
and consultation with industry. - Move Research Results To The Marketplace through
investment and advice that transfers technology
from academic research to a company ready to
bring it to market. - Develop Innovators by supporting researchers
through a number of initiatives that help them
develop essential entrepreneurial skills.
5Ontario Centres of Excellence (OCE) Inc.
Innovation Expertise
- OCE programs are delivered through the technical
and sectoral expertise of our five Centres. Each
is focused on an area vital to the growth and
development of the Ontario economy - Communications and information technology
- Earth and environmental technologies
- Energy
- Materials and manufacturing
- Photonics
6Delivery Through 5 Centres
- Materials and Manufacturing
- Automotive
- Chemical
- Polymers
- Nanotechnology
- Metals
- Biomedical
- Manufacturing Processes
- Energy
- Energy Markets
- Market Dynamics
- Human Response
- Energy Systems
- Emerging Energy Technologies
- Photonics
- High Intensity Laser
- Nanotechnology
- Laser Processing
- Biophotonics
- Fibre Optic Applications
-
- Communications and Information Technology
- Communications
- Digital Media
- Information Technology
- Earth and Environmental Technologies
- Clean Water Technologies
- Sustainable Energy Solutions
- Sustainable Infrastructure
7Ontario Centres of Excellence (OCE) Inc. Programs
Network
Talent Program (Cultivate)
Commercialization Program (Accelerate)
Research Program (Innovate)
Connections International Scholarships Conference
Travel Awards Value-Added Personnel First Job
Interact Proof of Concept Champions of
Innovation Collaborative Research
Market Readiness Accelerator InvestmentMartin
Walmsley Fellowship
8Research
- Interact
- New Industry-Academia relationships
- OCE funds to a maximum of 13,500 incl. OH (3-6
mths duration) - Company funds according to size (Sm 15 Med 12
Lrg 11) - Approval by (a) Centre MD, (b) RIC
- Proof of Concept (feasibility proof of
principle mitigate risk on further RD) - OCE funds up to 25,000 incl. OH (3-12 mths
duration) - Fundamental, enabling research
- Approval by (a) Primary Centre one other
Centre, (b) Peer review 2A 2I, (c) RIC - Champions of Innovation ( fund. RD disruptive
tech. may lead to new co.) - OCE funds up to 100,000 (typically 50,000) x up
to 3 terms of 12mths - Requires private sector endorsement
- Require business case review by OCE
Commercialization Team - Collaborative
- OCE funds to a maximum of 200,000/yr incl. OH x
up to 3 yrs - Company funds according to size (Sm 15 Med 12
Lrg 11) - Approval by (a) Primary Centre one other
Centre, (b) Peer review 2A 2I, (c) RIC
9 Proposal Application Form Project
Title Principal Investigator Department
and Title of Position Academic
Institution Mailing Address E-mail Ph
one/Fax Project Partner(s) Name of
Organization Contact Name and Title Mailing
Address E-Mail Phone/Fax Problem/Issue
Research will address In 3 or 4 sentences,
describe the problem you intend to
solve Proposed Technology/Solution In 3 or 4
sentences, describe the technology or solution
that will address the problem/issue. Benefit to
Ontario Describe how the project will enhance
the economic competitiveness of Ontario firms and
organizations
10 Proposal Application Form Contd Commercializati
on Who will commercialize the
technology/solution? e.g. existing company,
start-up Expected Project Duration
Months____ Investment and Leverage
Differentiate between cash and in-kind support to
the proposed project. Total Investment (Over
Full Project Duration) Cash In-Kind OCE
(Requested) Partner (1) Partner
(2) Other(s) Total Abstract (maximum One
Page) Provide a 500 word abstract that will serve
as a short synopsis of the proposal. The abstract
should include, but not be limited to the
purpose of the project, the desired results, the
technological outcome, and the potential benefit
to Ontario.
11Commercialization
- Market Readiness Program
- OCE funds10K-100K to assist university technology
to bridge gaps to commercialization - Accelerator Program
- Up to 250K convertible debenture for new start
ups
12Market Readiness
- Further development of IP
- Next stage of commercialization
- Specific outcomes
- Prototype assessment, protection,
characterization, demonstration, start-up - Criteria
- Strength of technology
- Potential economic impact
- Revenue to Ontario
- Team
- Commercialization
- Likelihood of a successful outcome
13Market Readiness
- Outcomes
- Revenues
- Follow on Investment
- License
- New Company Start-up
- Adoption by Industry
- New Partnerships
- Financial community, industry receptors, NSERC
I2I award - Job Creation
14Talent
- First Job (Masters or PhD)
- OCE funds 50 of salary up to 40k unless
start-up then 50k - Connections
- Final year undergraduate teams Industry partner
- Project defined by industry but selected by
team/academia - OCE funds up to 3000 Company funds same
- Science Technology Awareness (K-12)
- Ontario Science Centre
- Science and technology Awareness Network (STAN)
- International Scholarships
- OCE funds up to 15,000 for 4 mths abroad
- Conference Travel Award (OCE students only)
- OCE funds up to 2000 (competition 4x per year)
- Value Added Personnel (VAP) program (OCE students
only) - Complimentary courses to technical skills for
Masters and PhDs - Entrepreneurship Development program
- CBET (Waterloo) MEEI (McMaster) ADMI
- Martin Walmsley Fellowship (researcher to start
new Co.) - OCE funds 50,000/yr up to 2 years
15OCE Business Development Process
16Business Development at OCE
- Communications and IT (Ron Killeen)
- Martin Croteau
- Gary Brock
- Bryan Kanarens
- Hindal Mirza (Ottawa)
- Bill Petrie
- Bharat Rudra (Ottawa)
- Roxy Hamilton (Ottawa)
- Photonics (Gerry Lynch)
- Santo Aguanno
- Marc Nantel
- Don Wilford
- Boris Elenkrig
- Materials and Manufacturing (Bob Civak)
- Ross Bradsen
- Harvey Pellegrini
- Mike Grace (Sudbury)
- Steve Colbert (London)
- Bob Marshall
- Earth and Environmental (Dan McGillivray)
- Michael Fagan
- Balinder Rai
- Richard Worsfold
- Don Lewis
17Ontario Centres of Excellence (OCE) Inc.
Delivering Results
- In our last fiscal year, OCE invested nearly 21
million in research within Ontario's
universities, colleges and research hospitals.
This was matched by a nearly equal amount of cash
and in-kind support from industry partners. - This total 40 million investment in research
supported over 2500 people working on research
projects in Ontario's universities, colleges and
research hospitals. - Cumulatively, this approach has generated 49
technology licenses currently in force and
resulted in 41 new companies.
18Thank You