Talent First: opportunity to collaborate with Federal Labs Tony Bailetti Director, Talent First Director, Technology Innovation Management program ( Ontario Ministry of Research and Innovation December 12, 2006

2 Agenda 1.Talent First (TF) and The Ontario Commercialization Network 2.Relevance and what is transferred 3.Organization 4.Link between Talent First and Technology Innovation Management (TIM) program

Talent First (TF) is part of The Ontario Commercialization Network (OCN) Ontario Research Fund (Research Institutions) Global Markets Later Stage Financing ($100 M +) Early Stage Financing ($5 -15M) Angel/Seed Stage VC Sales Early Production Engineering Manufacturing R&D Project Lab Prototype Intellectual Property Fundamental Research Market Needs Analysis Skills Gap Product Strategy/Early Management $29M Investment Accelerator Fund (pre-seed capital >$1 m) $17M Business Mentorship and Entrepreneurship Program $90M Venture Capital (seed stage $1-5 M) Financing Gap Technology Gap Addressed via ORIC* Efforts *Ontario Research & Innovation Council $27M Ontario Research Comm. Program (Know & Tech Transfer) Talent First

4 TF is an ORCP project Focus is on talent and knowledge transfer Accelerates the transfer of the knowledge and open source technology required to create and appropriate value in open environments from academic institutions to companies Delivers market driven services to technology-based entrepreneurs, start-ups, and small and medium size companies –LTW for open source businesses, Early stage feedback, Clean IP, From C to O R&D, Release code business case Actively engages companies and investors to accelerate deal flows and exploit economic opportunities anchored around open source

5 Open An open source technology is an asset (e.g., code, hardware designs, content) with a distribution license that provides users the freedom to use the asset for any purpose, to study and modify the asset, and to redistribute copies of either the original or modified asset without having to pay royalties to previous developers of the asset Open environments are product markets dominated by buyers demanding open source software, open source hardware, open architectures, open APIs, or open standards (e.g., telecommunications, computing, GIS, simulation, HW designs)

Relevance Competition in computing, telecommunications and other sectors important to Ontario has moved away from closed environments to open environments Open source is more about value creation and appropriation than reducing costs and shortening time to market Open source adds a global entity that needs to be managed as part of each and every Ontario company’s value chain, the OSS project

7 What is transferred to the private sector Talented people with skills required to compete in open environments Open educational resources and professional development programs for entrepreneurs building wealth using open source Open source technology Ventures that rely on open source technology Services that strengthen private sector’s ability to compete in open environments Methods that accelerate private sector’s adoption of open source technology

Organization Director Knowledge Tony B. Ventures Luc L. Services Dwight D. OCE Internships Veronica G. 9 Knowledge primes 15 RAs developing open content 1 new staff 3 RAs supporting entrepreneurs 1 RA supporting services Tony B. Outreach (Luc L., 4 primes) Infrastructure (1 new staff, 4 RAs) Finance (Carl W., Jonathan W.) Board of Advisors

9 Advisory Board Autoskill International Bedarra Research Labs Business Development Bank Citadel Rock Online Communities Inc CompEngServ Ltd DM Solutions Eclipse Foundation Eion Solutions Enablence Enercom Canada, Inc., Gowlings Hewlett-Packard (Canada) Company IBM, Ottawa Software Lab Liquid Computing Nakina Systems Nortel Platform Computing The Business Accelerators QNX Software Systems Unlimitel VenGrowth

10 Performance Time X Y MBA TIM 4. TF is linked to TIM graduate program Technology Innovation Management (TIM) program is a graduate program in engineering management Thesis (face to face) and project (global) options TIM students are experienced engineers and computer scientists Synthesis between engineering and management to support growth, technology advancement, product bets and entrepreneurship in early stage markets Technology/product development and value creation/appropriation Focus Science

Thank you! carleton.ca/tim