ACE Innovation Services

26.8.2011

Innovation services as Aalto´s TLO

Key account model for service and innovation mining

4

ACE impact in Aalto competence commercialization

2011

Aalto competence commercialization processAalto community /

research

ACCELERATING VENTURES

DRIVING INNOVATIONS

TAKING RISK

ENCOURAGING AND SUPPORTING

INCREASING AWARENESS

Markets

ACE Innovation Management Process

5

Participation of key internal stakeholders in Aalto competence commercialization

2011

Proposal EvaluationConcept

developmentValidation

Start-ups

LicensesIP

Participation

Process phase

Aalto community /research

Department

Inventor / team

ACE team

ACE Innovation Management Process

7

Number of new cases according to 2011 targets

2011

Stage Gate

300 250 30 10

Licenses

Intellectual Property Rights

>20 prior. apps

Innovation ‘fast track’

EvaluationProposal

Concept development

Validation

Back to community with feedback

10

550

20010

Directed to other supporting organizations

Start-ups

15

ACE Innovation Management Process

8

Validation

Concept DevelopmentInvestment up to 300k€ (cumulative)

EvaluationInvestment 5-50k€ (cumulative) + IP filing investment >20k€

(cumulative)

Total investment <5k€ + IP filing investment <20k€ (cumulative)

+ ACE work >20 days (>2 persons)

+ ACE work: 0-5 days + ACE work: 5-10 days

e.g. PPA filing, light market study e.g. PCT, other filings, start-up project plan & coaching

e.g. FTO, Filings continues, validation project support & coaching

Case investment limits in stages

2011ACE Innovation Management Process

9

ACE applies fast, systematic and transparent Decision-making principles

1. Based on available informationa) Case documentation received (Improlity)

b) manager’s presentation

c) reviewer’s comments

2. According to triggers (clear high end / low end case identification)a) Trigger-based rating

b) Debate if manager’s rating is not in line with stream information

c) If not a clear case, reflect to overall case status & situation (resources invested, workload of responsible people, deadlines (IP))

3. Focus only to commercially viable package for minimum time perioda) Avoid the fragmentation of ownership and keep clean track of material relevant to commercialization

b) Scope only of commercially potential material

c) Efficient project work with milestones to avoid delays.

2011ACE Innovation Management Process

10

Realizing the project value

2011ACE Innovation Management Process

Start-up

Company X

Business potential

Feasibility

Intellectualproperty

Bac

kgro

und

Con

cept

dev

elop

men

t

Pro

ject

res

ults

IPR

pro

tect

ion

Project value*

License

License

*

40%-80% net income

20% net income

0%-40% net income

*payment in form of cash or ownership