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Canadian R&D, Funding Sources Government Federal Government Provincial Government Michael Smith Foundation for Health Research (MSFHR) Genome BC Canada Municipal Governments Private Foundations Canadian Diabetes Association Heart and Stroke Foundation Breast Cancer Society of Canada Industry

Research & Technology SFU Annual Research Income, >$100 Million IP Policy is: Inventor owned Technology transfer, IP $ commercialization services –SFU Innovation Office

Importance of Intellectual Property (IP) Knowledge Society & Economy and IP is a fundamental business asset in the 21 st century economy. Universities are excellent sources of innovative technologies to be transferred to the industries. Industry looks at the universities as sources of technology to fuel economic growth. This transfer is done by the Technology Transfer Offices,known as the Innovation Office at SFU.

IP Policies, Canadian Universities UniversityPatent Ownership SFU, Policy # R30.03Creator VictoriaCreator AlbertaCreator CalgaryCreator DalhousieCreator WaterlooCreator Queen'sCreator UBCUniversity UNBCUniversity McMasterUniversity OttawaUniversity TorontoJoint McGillJoint SherbrookeJoint ManitobaJoint SaskatchewanNegotiated

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Innovation SFU Innovation + knowledge mobilization + business acceleration Assisting with transformation of ideas and discoveries into companies, products and services and the training & development of entrepreneurs

Innovation Office (IO) Services Invention Disclosures from SFU inventors IP, Technology & Market assessments Patent Protection Apply for commercilization grants and assistance Commercialization via: – Technology Licensing – Company Creation Entrepreneurship and Business Incubation & Accelerator programs Industry & Government Liaison Angel Networks & Seed funds

The Commercialization Cycle Transforming Ideas into Products and Companies Gov. Grants $ Univ. R&D Tech Transfer Spin-off Incubato rs/Accele rators Mature Business Entities

Commercialization Road Map Research Findings Scientific knowledge, Publish or Commercialize?! Proof of Concept Product Development Valley 1 Valley 2 $$$ $$$ Funds to overcome Valley 1: Additional basic research grants NSERC Market Assessment grant NSRC I2I, Phase I CIHR POP, Phase I Or an invention? Product performance $$$$ Funds to overcome Valley 2: NSERC Interaction grant NSERC Engage grant MITACS grants NSERC I2I Phase II CIHR POP Phase II

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Entrepreneurial culture at SFU

Photo by TalentEgg - Creative Commons Attribution-NonCommercial-ShareAlike License with Haiku Deck SFU’s Student and alumni entrepreneurship program. Concept development & market validation, events, competitions, mentors-in-residence, business incubation services.

Photo by bmann - Creative Commons Attribution-NonCommercial License with Haiku Deck World class technology business accelerator program. Business development assistance, executives-in-residence, business development assistance, access to customers, government assistance & financing sources.

beedie.sfu.ca/radius/ RADIUS (RADical Ideas, Useful to Society) is a social innovation lab and venture incubator based at the Beedie School of Business, Simon Fraser University

The BC Startup Ecosystem

BC Entrepreneurship & Startup Ecosystem Policy & Funding: BCIC, PTC, MAEIT Lower Mainland, BCRegional BCMentoring Services ( Early to growth stage) Angel & Seed Investment Associations & Events (Inspiration & Networking, Ideation phase) Entrepreneurship Programs & Incubators (Inspiration, Concept ValidationPphase) + University UILO Spinout Companies Accelerators (Validation, Scale-up Phase) Sector-Specific Accelerators (Validation, Scale-up Phase) Prince George Entrepreneurship majors, Minors, MBA programs

Some Key Programs… For Students: – Coop and internship opportunities with startups – BCIC Innovator Skills Internship program – New Ventures BC Competition – Entrepreneurship & Incubator programs For Companies: – Accelerator programs – NRC IRAP & Youth Employment programs – NSERC Engage, I2I, CIHR and other commercilization stage grants – MITACS – CRA SRED – Coop and Internship programs

Books & Resources

Books Read, come out to startup and angel investor events, participate in workshops & programs. Find a mentor and a cofounder and Engage!

(Resources) BC Startup Ecosystem - Curated Resource Directory

Next Big Thing?

Ian Hand, Managing Director SFU Innovation Office Questions?