CARIC, OAC and OCEIndustry – Academic

Aerospace Information Sessions

January 8, 2015 – Ryerson University

January 13, 2015 – Canadore College

January 15, 2015 – Carleton University

OCE, OAC AND CARIC

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OAC – July 2013• Aerospace R&TD Challenge Fund ($2.5m in projects)

CARIC – October/2014 Letter of understanding (CARIC/OAC/OCE)• Developing opportunities to collaborate on R&D and

commercialization projects in aerospace• OAC leads the CARIC office in Ontario• Resource employed by OCE for development of collaboration

opportunities – responsible to all three organizations

OCE emerging in the ITB program as a R&D/Entrepeneurship investment facilitator in the province of Ontario.

• Attended AIAC (Nov Ottawa)• Attended IAC conference (Oct Toronto)• In conversation with a number of organizations

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Drive growth through public and industry partnerships

Deploy strategic thrusts in priority sectors

Create a marketplace for industry to access expertise

Foster student entrepreneurship

Build capacity

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CORPORATE PRIORITIES

Academia

IndustryGovernment

• Support applied industry-academic R&D and commercialization projects

• Support youth entrepreneurship

• Advance innovation agenda

• Drive economic development outcomes

• Enable access to advanced research capabilities

• Enable access to highly skilled talent

FOCAL POINT FOR COLLABORATION

Accelerate innovation through game-changing research leading to successful commercialization and

vibrant collaboration between industry, academia and government

OUR MISSION

Innovation Enabler

Capital Enabler

Connector

Trusted Partner

OUR CORE COMPETENCIES

ACCELERATE

COMMERCIALIZATION

REDUCERISK FOR PARTNERS

DUE DILIGENCE

CO-INVESTMENT

CUSTOMER READY

INVESTOR READY

OUR EXPERTISE

CAPITAL ENABLER

We bring together the key players in the innovation ecosystem.

Innovation Enabler

Capital Enabler Connector

Trusted Partner

CONNECTOR

Whole-of-government approach

Provide our mutual clients with a single entry point to access provincial and federal funding.

We work in partnership with the Government of Ontario, NSERC, IRAP and FedDev to co-fund R&D and commercialization projects, leveraging provincial and federal support to increase impact and minimize duplication.

TRUSTED PARTNER

Whole-of-government approach

Provide our mutual clients with a single entry point to access provincial and federal funding.

We work in partnership with the Government of Ontario, NSERC, IRAP and FedDev to co-fund R&D and commercialization projects, leveraging provincial and federal support to increase impact and minimize duplication.

Through this program we now add CARIC and OAC

TRUSTED PARTNER

Advanced Manufacturing

Energy and Environment

ICT and Digital Media

Advanced Health

OUR FOCUS INDUSTRIES

INNOVATION ENABLER

• We enable innovation through a variety of programs

• Those applicable to today’s session will be outlined.

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ONTARIO CENTRES OF EXCELLENCE

Ontario Centres of Excellence (OCE) was established by the Ontario government in 1987

Created to bridge the gap between industry and academia and to build partnerships between industry and universities, colleges and research hospitals

Part of the Ontario Network of Entrepreneurs (ONE), a client-focused, province-wide innovation network

Drives the development of Ontario’s economy by helping create new jobs, products, services, technologies and BusinessesLeverages the full capacity of Ontario’s research institutions to help technology-based companies commercialize research discoveriesProvides unique perspective on industry challenges/needs and relevant areas of researchLeverages investments from industry and other partnersOffers tailored programs that are responsive, flexible and adaptiveProvides real-world job experiencesMentors and supports student entrepreneurs with a promising business idea

INDUSTRY – ACADEMIC R & D COLLABORATION

INDUSTRY-ACADEMIC R&D COLLABORATION

Collaboration Voucher Program*Voucher for Industry Association

R&D Challenge (VIA)

*Voucher for Innovation and Productivity (VIP I & VIP II)

*Voucher for E-Business (VEB)

Alberta-Ontario Innovation Program

Connected Vehicle/Autonomous

Vehicle Research Program (CVAV)

TalentEdge

*Internships

*Fellowships

Explore

COMMERCIALIZATIONMarket Readiness Program*Customer Creation

*Company Building

AdvancingHealth Program

ENTREPRENEURSHIPOn-Campus Entrepreneurship Activities

Campus Linked Accelerators

SmartStart Seed Fund

Entrepreneurship Fellowships*Martin Walmsley Fellowships

*David McFadden Energy Entrepreneur

Challenge

High School Competition

*Young Entrepreneurs, Make Your Pitch

INDUSTRY – ACADEMIC R & D COLLABORATION

VOUCHER FOR INNOVATION AND PRODUCTIVITY

VIP I – $20,000 to address technical challenges that will have a commercial impact, with a focus on export development

VIP II – Between $50,000 and $75,000 annually for a business to commercialize IP developed in Ontario academic research institutions via start-ups or licensing

VOUCHER FOR E-BUSINESS (VEB)

Up to $2,500 for “main street”

SMEs to connect with Ontario

colleges to take advantage of

online tools to drive e-business,

market expansion and exports

VOUCHER FOR INDUSTRY ASSOCIATION

R&D CHALLENGE (VIA)

Enables cross-sector partnerships between industry associations or consortia of companies and academia to a address R&D challenges

INDUSTRY – ACADEMICR & D COLLABORATION

Alberta-Ontario Innovation Program• Supports cross-provincial collaborations between industry and academia to solve key industry challenges in both provinces

• Managed by Alberta Innovates-Technology Futures (AITF) and OCE. Industry-academic projects can also leverage existing NSERC programs

• Focuses on industry needs that can be tackled through R&D and have economic benefits for both provinces

• Connects industry to researchers who can provide innovative solutions to real-world challenges

Connected Vehicle/Autonomous Vehicle Research Program (CVAV)

• Partners Ministry of Transportation, Ministry of Research and Innovation and OCE

• Invests in innovative new transportation technologies to make Ontario’s roads smarter, safer and more sustainable while improving traffic flow

• Brings businesses and academic institutions together to drive innovations in this rapidly moving area with a focus on projects with high commercialization potential

• Includes research projects on products, services and standards to reduce driver distraction; communications management; data management; connected vehicle technology and improving traffic operations and management

TALENTEDGE GAINING REAL-WORLD EXPERIENCE AND APPLYING EXPERTISE

TO INDUSTRY PROBLEMS

TalentEdge Internship Program• College and university students and recent graduates work on collaborative industry-driven projects

TalentEdge Fellowship Program• Ontario-based Postdoctoral Fellows (PDFs) /PhD graduates work on industry-driven research and development projects

EXPLORE PROGRAM

• Extends CQDM’s Explore program beyond Quebec to the scientific community in Ontario

• Builds on OCE’s existing partnership with CQDM and the Quebec/Ontario Life Sciences Corridor

• Supports early-stage, unconventional and highly innovative research with the potential to strongly impact the drug discovery process.

• Gives priority to projects with strong potential for a disruptive impact on biopharmaceutical research

COMMERCIALIZATIONMARKET READINESS

• Direct funds early-stage commercialization by start-up

companies.

• Supports the growth of start-ups into scalable businesses.

• Supports companies in both the Customer Creation and Company Building stages of the Customer Development Model, as defined by the Lean Start-up principles.

Market Readiness – Customer Creation• Minimum $100,000 - Maximum $125,000

• 50% cash, 50% in-kind, OCE invests $125,000, partner must match with a minimum of $62,500 in cash and $62,500 in-kind

Market Readiness – Company Building• $250,000, 100% cash

• OCE invests $250,000, partner must match with a minimum of $250,000 in cash

AdvancingHealth Program• Bolsters innovation in Ontario’s public healthcare sector by matching healthcare needs with innovative products and services through partnerships between public healthcare organizations, companies and academic institutions.

• Advances healthcare innovation directed to improved health outcomes, enhanced patient experience and efficient use of resources through investments in collaborative demonstration projects that show clear potential for scaling-up to the system-level and establish a strong case for adoption.

The overall objectives of the program are to:• Enable the public healthcare sector to accelerate the adoption of emerging technologies and process improvements

• Engage the public healthcare community to demonstrate innovative products and services that produce better patient care, patient outcomes, patient safety and reduce costs

• Identifies and bridges barriers to realize sustainable and long-term adoption of innovations/ technologies in the public healthcare sector

We have only one agenda:Yours.

Innovation Enabler

Capital Enabler Connector

Trusted Partner

TRUSTED PARTNER

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Ottawa Office 80 Aberdeen St., Suite 100Ottawa, Ontario, K1S 5R5Phone: (613) 726 3420Toll Free: 1 (866) 759 6014

London Office UWO Research Park - Convergence Centre999 Collip Circle, Box #9, Suite 101, Room 115London, Ontario, N6G 0J3Phone: (519) 495 9165Fax: (519) 858 5197

Hamilton Office McMaster Innovation Park175 Longwood Road South, Suite 110AHamilton, Ontario, L8P 0A1Phone: (416) 861 1092

Windsor Office AUTO21 Network of Centres of Excellence401 Sunset AvenueWindsor, Ontario, N9B 3P4Phone: (519) 253 3000 x 4183

oce-ontario.org

Head Office*156 Front Street West, Suite 200Toronto, Ontario M5J 2L6Phone: (416) 861 1092Toll Free: 1 (866) 759 6014Fax: (416) 971 7164

Mississauga Office 2655 North Sheridan Way, Suite 250Mississauga, Ontario L5K 2P8Phone: (905) 823 2020Phone: (416) 861 1092Fax: (905) 823 4141

Waterloo Office 295 Hagey Boulevard, Suite 12Waterloo, Ontario N2L 6R5Phone: (416) 861 1092Fax: (519) 885 5608 

Markham Office 7271 Warden AvenueMarkham, Ontario L3R 5X5Phone: (905) 248 2715Fax: (905) 479 2055

CONTACTS

THANK YOU

richard.worsfold@oce-ontario.org