Research & Innovation Enterprise Ireland’s R & I policy driven by Government Strategy

 World Class Research  Capturing, Protecting and Commercialising Ideas and Knowhow  R & D for Enterprise, Innovation and Growth Strategy for Science, Technology and Innovation

Enterprise Ireland works closely with

Enterprise Ireland Strategy Increasing Irish Innovation Effective Industry Engagement with Third Level Resource Dramatically Increase R&D Activity in Irish Companies Realising the Commercial Potential of Ireland’s Research Community

Working with the Research Community to Increase Irish Innovation Effective Industry Engagement with Third Level Resource Dramatically Increase R&D Activity in Irish Companies Realising the Commercial Potential of Ireland’s Research Community

Nobel Prize goes to "European Inventor of the Year" EPO President Alain Pompidou and Günther Verheugen, Vice President of the European Commission, congratulate Peter Grünberg on winning the European Inventor of the Year prize on 3 May The Nobel Committee has awarded this year's Nobel Prize (2007) in physics to Peter Grünberg The giant magnetoresistance (GMR) effect led to the breakthrough in gigabyte hard drives used in every computer produced today

 Commercialisation Fund  Applied Research Enhancement  Technology Transfer Strengthening Initiative  Client Teams – Commercialisation Specialists in  Life Sciences & Food  ICT  Industrial Technologies Realising the Commercial Potential of Ireland’s Research Community

Effective Industry Engagement with Third Level Resource  Innovation Partnerships  Innovation Vouchers  Campus Incubators  Competence Centres  Industry-Led Research Programmes

Realising the Commercial Potential of Ireland’s Research Community  Commercialisation Fund  Applied Research Enhancement  Technology Transfer Strengthening Initiative  Client Teams – Commercialisation Specialists in  Life Sciences & Food  ICT  Industrial Technologies

Commercialisation Fund Technology Development Comms Plus Proof of Concept Proof of Concept - provides support for the commercialisation of research from third-level institutions through three programmes: YEARS Bench Market Note: This is a linear model, however, the Commercialisation Fund is a flexible mechanism; projects can enter at any stage of the process.

€50,000€100,000 per project 12 months duration Staff on contract welcome to apply 3 Calls for Proposals per year 2 Month turnaround time on evaluations

- aims to support academic researchers to explore innovative scientific concepts with commercial potential We seek concepts that demonstrate: A unique approach over existing alternatives An ability to address a significant customer/end-user need The potential to positively impact the Irish economy

 What problem does your concept address?  What are the current approaches to address the problem?  Describe your proposed solution to the problem.  Why is your concept better than these?  What supporting evidence can you provide that your concept has a commercial application?  Can your team successfully deliver this project?

Supports research in areas of technology of medium term interest to industry in Ireland Technology Development The research should lead to technologies, products or processes that can;  provide the basis of new businesses in Ireland or  can improve the competitiveness of industry in Ireland through licensing agreements.

Technology Development €100,000€400,000 per project months duration Staff on contract welcome to apply 3 Calls for Proposals per year 2 Month turnaround time on evaluations

Technology Development What are the current approaches to address the problem? What problem does your concept address? Can your team successful deliver this project? Describe your proposed solution to the problem. Why is your concept better than these?

 Describe the commercial potential of the project output?  Describe the markets and customers where you think your technology will have the strongest commercial potential?  Discuss the industry relationships you plan to forge, or have already developed.  Describe the status of the technology in terms of intellectual property rights. Technology Development

Commercialisation Fund Since 2003 FundingProjects Proof of Concept Technology Development €41.1M €74.3M €115M

* Success rate on resubmissions % Commercialisation Fund Success Rates Proof of Concept Technology Development 36%* 46%

Proof of Concept UL - 53 projects approved since 2003

Technology Development UL – Submissions Vs Approvals

Commercialisation Fund Next Submission DeadlineWed 14th January 2009 Approval Committee – PoCMarch 2009 Approval Committee – TDMarch 2009

Lisa Keating Programme Manager, Commercialisation Fund Mark Whelan Commercialisation Specialist, ICT & Industrial Technologies James Walsh Commercialisation Specialist, Life Sciences & Food