1. Entrepreneurship & Innovation Club
April 9th, 2009

2. Ontario Centres of Excellence
Accelerating
the
Commercialization of
Innovation
Further development of IP
Supports:
Prototype development & assessment
Technology and Market Assessment
IP Protection
Demonstration, characterization
Business plan Development
New Company Start up

3. Diffusion of knowledge Transformation of knowledge
Innovation
Diffusion of knowledge
Transformation of knowledge
Value
(Outcomes)
Use of knowledge
Creation of knowledge
A process of
Creation
Diffusion
Transformation
Use
of knowledge
to create
Value
A process through which value is created through
Creation
Diffusion
Transformation
of knowledge to produce new and improved products or processes that are put to use by society.

4. International Innovation Index
To rank the countries, the study measured both innovation inputs and outputs. Innovation inputs included government and fiscal policy, education policy and the innovation environment. Outputs included patents, technology transfer, and other R&D results; business performance, such as labor productivity and total shareholder returns; and the impact of innovation on business migration and economic growth.
Source: Boston Consulting Group, National Association of Manufacturers, Manufacturing Institute – 2009 study

5. Canada - Innovation in Health
Strong in …
Public R&D funding vs. US and Europe
IP protection system
Research publication rate - well respected research
But ….Below average in …
Domestic & foreign private R&D investment
Invention disclosures, patent applications and licenses
Producing graduates with advanced research qualifications
Collaboration among academia and business
Source: The Conference Board of Canada – Exploring Technology Innovation in Health Systems, August 2007

6. Health Related Graduates
Graduates with Advanced Research Qualifications in Health-Related Sectors (per million capita)
Source: The Conference Board of Canada – Exploring Technology Innovation in Health Systems, August 2007

7. Conference Board Conclusions
Increased government investments have expanded research capacity
Industry participation remains well below the average of leading OECD countries
Increased business participation and stronger academic-industry collaborations are necessary
More research tied to market demand, greater commercialization, and increased competitiveness
Source: The Conference Board of Canada – Exploring Technology Innovation in Health Systems, August 2007

8. Innovation Process and OCE
Diffusion of knowledge
Transformation of knowledge
Value
(Outcomes)
Use of knowledge
Creation of knowledge
Diffusion of knowledge
Transformation of knowledge
Value
(Outcomes)
Use of knowledge
Creation of knowledge
Creation
Diffusion
Transformation
Use
OCE
Research
Commercialization
Talent
Programs Support and Accelerate Commercialization of Innovation

9. Ontario Centres of Excellence (OCE) Inc.
Who We Are
Non-for-profit organization– supported by MRI
Leading driver of research commercialization
Improve Ontario competitiveness through innovation
Bridging the gap between academic research and the marketplace since 1987
Offices across Ontario
Where Next Happens
Ottawa, Toronto, Mississauga, Waterloo, London, Kingston, Sudbury

10. Ontario Centres of Excellence (OCE) Inc.
What We Do
Promote economic prosperity of Ontario through:
Market-driven research
Commercialization of technology
Training of highly qualified personnel
Manage connections and build networks
Partner with:
Industry / universities / colleges / research hospitals / government
Ensure successful transfer of innovative technology and people to Ontario businesses
Develop Innovators

11. Ontario Centres of Excellence (OCE) Inc.
How We Do It
Programs are delivered through five Centres
Communications and information technology
Earth and environmental technologies
Energy
Materials and manufacturing
Photonics

12. OCE Centres Communications & Information Technology Communication
Digital Media
Hardware & Software
Health & Medicine
Education
Security ……
Photonics
Telecom & Optoelectronics
Biophotonics & Biomedical
Instrumentation & Sensors
Optics & Optical fibers
Lighting / Entertainment
Lasers
Defense / Automotive / Machining
Imaging & Displays
Automation & Robotics
…..
Energy
Energy Markets
Market Dynamics
Human Response
Emerging Energy
Energy Systems
…..
Materials
Materials & Manufacturing
Automotive
Chemical
Polymers
Nanotechnology
Metals
Biomedical
Manufacturing Processes
…..
Earth
Earth & Environmental
Clean Water Technologies
Sustainable Energy Solutions
Sustainable Infrastructure
Resource Management
Sustainable Agriculture & Agri-Food
…..

13. Delivering Results: 2007 - 2008 OCE invested $24 million in research
Leveraged $36 million investment from industry partners
598 active Research Projects
Engaged 720 PI’s and 3000 researchers and students
Helped 1,337 people move into positions outside academia
Created 43 new technology licenses
Launched 38 start-up companies, bringing the total number of OCE-initiated companies to 122!
These companies attracted $450 million in capital investments

14. OCE Programs Network Innovate Research Accelerate Cultivate
Commercialization
Cultivate
Talent
What We Do
Promote economic prosperity of Ontario through:
Market-driven research
Commercialization of technology
Training of highly qualified personnel
Manage connections and build networks
Partner with:
Industry / universities / colleges / research hospitals / government
Ensure successful transfer of innovative technology and people to Ontario businesses
Develop Innovators
Interact
Interlink (tbd)
Champions of Innovation
Collaborative Research
Market Readiness
Martin Walmsley Fellowship
Investment Acceleration Fund
Centre for Commercialization
Connections
International Scholarships
Conference Travel Awards
Value-Added Personnel
First Job

15. Research Programs Interact New Industry-Academia relationships
OCE funds to a maximum of $13,500
3 to 9 months duration
Company funds according to size
Approval by Centre Managing Director

16. Interlink (program not official yet)
Research Programs
Interlink (program not official yet)
OCE funds to a maximum of $50,000
months duration
Company funds according to size
Peer review of 2 academics and 2 industry
Approval by Centre Managing Director

17. Champions of Innovation
Research Programs
Champions of Innovation
Research to develop disruptive technology
May lead to new market and/or company
OCE funds up to $100,000 / year (typically $50,000)
Up to 3 terms of 12 months
Requires private sector endorsement
Approval by (a) Primary Centre; (b) Peer review of 2 academics and 2 industry; (c) Centre advisory committee
Typically 3 month process

18. Research Programs Collaborative
OCE funds to a maximum of $200,000/year ($100k)
Up to 3 years (2 years)
Company funds minimum of 1:1 cash and in-kind
Company funds cash according to size
Peer review of 2 academics and 2 industry
Centre advisory committee
Typically 3 month process

19. Commercialization - Market Readiness
Next stage of Commercialization
Up to $200K to assist academic technology to bridge gaps to commercialization
Further development of IP
Supports:
Prototype development & assessment Technology and Market Assessment
IP Protection Demonstration, characterization
Business plan Development New Company Start up
Eligibility
IP developed at Ontario college, university or research hospital
Strength of technology Potential economic impact
Revenue to Ontario Team
Commercialization Likelihood of a successful outcome

20. Commercialization - IAF
Investment Accelerator Fund
Provide early stage investment of up to $500K
Investments are made in the form of a convertible debenture
Develop new technology and products and gain entrepreneurial know-how to take the idea to the marketplace
Make them attractive prospects to follow-on investors.

21. OCE’s Centre for Commercialization of Research
Marketing
Workshops, seminars, events, awards
Business Development Funding
Market Readiness type funding
Funding Opportunities
Technology development
Compliance: verification, testing and certification
Intellectual property related
Market Research 21

22. Talent Connections International Scholarships Conference Travel Award
Final year undergraduate teams + Industry partner
Project defined by industry but selected by team/academia
OCE funds up to $ Company funds same
International Scholarships
OCE funds up to $15,000 for 4 months abroad
Conference Travel Award
OCE students only
OCE funds up to $2000 (competition 4 times per year)
Value Added Personnel (VAP) program
Complimentary courses to technical skills for Masters and PhDs
First Job
Masters or PhD
OCE funds up to 80% of salary up to $40k unless start-up then $50k

23. Talent – VAP Value Added Personnel (VAP) program
Complimentary courses to technical skills for students
Business Development and Entrepreneurship
Intellectual Property and Technology Transfer
Market Strategy
Strategic and Business Planning
New Ventures
Project Management
Leadership
Visual Presentation Skills
Networking and Communication
Business Etiquette

24. Ontario Centres of Excellence
Accelerating
the
Commercialization of
Innovation
Further development of IP
Supports:
Prototype development & assessment
Technology and Market Assessment
IP Protection
Demonstration, characterization
Business plan Development
New Company Start up

25. Thank You
Merci