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Tech Expo 2004 Presentation, 4 October 2004 A Different Approach iscm Innovation Synergy Centre in Markham
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A Different Approach iscm The Innovation Synergy Centre in Markham (ISCM) is a new concept focused on assisting thriving companies in realizing their growth potential in both the domestic and international marketplace. the iscm model synergy in action far beyond markham
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the iscm model A Different Approach iscm
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Innovation Synergy Centre Model Not an Incubator Not for Profit Organization Ontario-wide service area Target Company Metrics Revenues > $1 Million Staff of 10 + Positioned for growth Export oriented
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ISCM Target Client Market
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Access to experienced business leaders Seasoned counsel available for advice on current business opportunities Long term strategic guidance Assistance with the following elements Marketing Financing Planning Operations Competitive Analysis ISCM Business Services
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Bypass symptoms to identify real issues Provide linkages and advice Determine additional resources required Qualify consultant deliverables Ensure deliverables are provided Value-Add Components
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95% of technology = global opportunity Commercialization: Opportunity & Potential Technology Sources Universities & Colleges Government Labs Private Sector Technology Transfer – Domestic and International Business Requirements Experienced Management Financial Resources Market Intelligence Research & Development Export Development
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Where does the ISCM fit? Pure R&D Applied R&D Product Development Commercialize New Technology University, Government Labs, Industry Resources made available as appropriate. Assist existing companies with 10-50 employees through growth opportunities. ISCM Approx. 100-200 cases per year Core Focus Commercialization: The ISCM Role
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INDUSTRY INTERFACE Industry Associations AOMM, YTA, HTX Resources and Clients Government Programs Represented: Export Development Canada NRC – IRAP Relationships: Industry Canada Ontario Exports Inc. MEDT Field Officers CITO ISCM Individual ClientsMentors Academic Institutions York University Seneca College LINKAGES CREATED Financial, Management, Education, etc. Business RBC Royal Bank What makes the ISCM unique?
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A Different Approach iscm synergy in action
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Physically established in May 2003 Actively solicited clients starting December 2003 Founding Partners Establishment of the ISCM Founding Sponsor 1380 Rodick Road Markham, Ontario
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Immediate access to resources Instant collaboration on opportunities AOMM, HTX & YTA share resources and networks Interface with government provides new opportunities otherwise missed New programs and events AOMM has started new industry-specific Peer Group based on YTA model Seminars, in partnership with business and NRC - IMI The Synergy Dynamic
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Client Profiles: Gross Sales
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Client Profiles: Services
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Client Profiles: Interaction
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Client Profiles: Geographic Location
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“…very insightful. Thank you for your candor and (ahem) bluntness. See you next week.” A. Matheson, software company founder “…their counsel has changed how I do business” Garry Lee, President, Global Advantage International “…useful to meet a group of people with divergent backgrounds to discuss the hurdles we face. Your insights have helped us in developing our thinking…” Martin Stanley, President Techno Knowledge Systems Client Feedback
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100 companies assisted Mutual support Many organizations are co-hosted They support one another’s initiatives Over 100 experienced mentors/advisors from all areas of business available as required Cost Efficiency of the ISCM
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A Different Approach iscm far beyond markham
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United States Dallas, Texas and Cary, North Carolina Great Britain (2) Australia Austria Egypt Mexico Sweden International Trade Delegation Visits
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Waterslea (Sydney), Australia Cary, North Carolina Others are being considered… Duplication of ISCM Model
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ISCM Markham: Our Coordinates iscm 1380 Rodick Rd., Suite 100 Markham, Ontario L3R 4G5 905-248-2727 www.iscm.ca mail@iscm.ca
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