Moving Innovation Forward – Managing Change Alberta Innovates – Technology Futures September 16 th 2015 Whitecourt PTAC
Alberta Innovates Sector focus where Alberta has a competitive advantage Energy: oil sands, oil and gas, pipelines, tight oil & fracking Carbon Conversion, Capture and Storage Environmental Monitoring and Management Industrial Sensors Advanced Materials and Manufacturing Sustainable Resources: agriculture and forestry Health Research and Technologies A provincially-funded cohesive, accessible research and innovation system World-class research to support Alberta priorities Coordinates and supports investments required to solve major industry challenges
AITF Story Crown Corporation of the Provincial Government. Support advancing technology-based innovations to commercialization through coaching, scientific research and programs. Roots of AITF go back nearly 90 years (Alberta Research Council). 2
What does AITF do? Collaborates with technical industries to find solutions, develop products and move technologies to market. Builds upon platform technologies to enhance the technical capacity within Alberta's high-tech companies (including nanotechnology, information communications technologies, and genomics). Facilitates access to key partners that help support commercialization and grow new ventures. Invests in and attracts research and entrepreneurial talent to support these priorities.
AITF Locations Edmonton Edmonton (C-FER Technologies) Devon Vegreville Edmonton (IST at Pylypow) Edmonton (C-FER Technologies)
Operating Model Discovery/ Innovation Market Adoption Economic and Social Benefits to Alberta Basic Research Contribute to Innovation System Design Applied Research > Commercialization> In partnership with IAE, Campus AB, AI Corps, Regional Innovation Networks, etc. Platform Technologies DesignCoordinateMonitorImplement Sustainable Prosperity Grand Challenges Identify PrioritiesExecute Sector Strategies Monitor & Validate Outcomes Resource & Fund Sector Strategies
Grand Challenges and Platforms Nanotechnology ICTICTOmicsOmics Grand Challenge Opportunities Platform Research Support Platform Strategies
Regional Innovation Networks Regional Innovation Network Collaboration of local agencies interested in economic development through innovation, technology and entrepreneurship. Focused on: Stimulating innovation and technology development Technology, business, investor and training services Networking opportunities for SMEs
Regional Innovation Networks Existing Networks Grande Prairie Edmonton Red Deer Calgary Medicine Hat Lethbridge
Centres for Research and Commercialization AITF supports four centres that foster technology development and advance product commercialization. Alberta Centre for Advanced MNT Products (ACAMP) Micro and nanotechnology products Alberta Glycomics Centre - Carbohydrate-based medical therapeutics Alberta Innovates Centre for Machine Learning (AICML) Sophisticated data analysis TECTERRA - Geomatics technologies TRTECH - Information and Communications Technology (ICT)
Commercialization Program Regional Innovation Networks / Technology Development Advisors M icro Voucher TRL2-TRL4 0-10K for SMEs (paid to service provider, applicant must contribute 25%) Technologies in the early developmental phases E.g. Market or IP assessments, business plan development, material purchase Voucher TRL3-TRL K for SMEs (paid to service provider, applicant must contribute 25%) Technologies in mid to late developmental stages E.g. Design, engineering, prototype development, product testing, patents Industry Associates 55K Annual Stipend and 7K Research allowance (2 year funding) Addresses the growing need for research personnel in Alberta industry Increases research and business expertise in Alberta-based companies Product Demonstration TRL7-TRL K for SMEs (paid to service provider or applicant, the applicant must contribute 25%) Technologies in advanced stage of development E.g. Prototype demonstration, technology optimization, regulatory approval
Micro-Voucher & Voucher Assistance for the small or early stage company/entrepreneur, to get their ideas and products to market faster. Open call for applications. 75/25 split between AITF and SME on the project cost. On-line application
Micro-Voucher & Voucher Micro-Voucher Early stage support – (TRL2-TRL4) AITF contribution Market Assessments, Business Plan Development, IP Assessments, etc. Service provider or project partner required
Micro-Voucher & Voucher Voucher Mid to late stage support - (TRL3-TRL6) AITF contribution Design, engineering, prototype development, product testing, patent development, market assessments, etc. Service provider or Project partner alignment
Product Demonstration Program Late stage technology development - (TRL7-TRL8) $100K - $300K Designed to showcase technology in an operational environment and may include prototype development for demonstration, applications for regulatory approval and certifications, etc.
Industry Commercialization Associates Business and Management personnel Recruit professionals for stronger commercialization effort $55K + $7K for travel and market intelligence SME min. contribution is $15K 2 year maximum
Industry r&D Associates Research and Development personnel Masters and PhD grads $55K + $7K research allowance SME contribution is $15K min. 2 year maximum
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Players PTAC - facilitate innovation, research and technology development, demonstration and deployment in the hydrocarbon energy industry. PTAC Tight Oil Technology Network. C-FER – O&G operations, pipelines & structures – testing facilities Innovative Pipeline Solutions AIAE University of Calgary on Hydraulic Fracturing Innovation Initiative research project More …..
Opportunities … developing an in-house approach to managing innovation. Tech/solution value Addressable market size Barriers to growth Management team IP position Partnerships Competitive landscape Regulatory Factors Momentum
Thank You Contact information Bob Hall Technology Development Advisor AITF Commercialization