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Noel Daly, Lifescience and Food Commercialisation, Enterprise Ireland at IDEAGEN 2
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Research Landscape & Funding
Noel Daly
Lifescience and Food Commercialisation
Enterprise Ireland
R & D for Enterprise, Innovation and Growth
State investment in third level research ~ €5Bn by 2013
Commercialisation
http://www.forfas.ie/media/asc060618_sti_strategy.pdf
The Basis For Research Funding
EU FP6, FP7
Dept. Enterprise
Trade & Employment
EI IDA SFI
Irish Industry (EI Clients, IDA Client & Others)
Research Establishments
Dept. Finance
CASH
VALUE
T A X ES
The Economic Model
Dept. Communications Energy
and Natural Resources
SEI
Mechanisms by which research is commercialised
Primary Mechanisms
Transfer of skilled people (Employment)
Transfer of Knowledge (Licence)
New companies (Spin-out)
Enterprise Ireland Commercialisation Funding
Commercialisation Fund1. Proof of Concept2. Technology Development3. Commercialisation +(for colleges only – commercialisation by way of licensing or creating spin-out company)
Innovation VouchersInnovation Partnerships
ILRPCompetence Centres
(for Industry only)
Res
earc
h C
omm
un
ity
Ind
ustry / M
arket
Commercial & Technical
Deliverables
Industry lead Research and collaboration
Competence Centres(~€1 million+ per annum over 5 years)
Industry Lead Research projects(~€1.5 million over 2-3 years)
Innovation Partnerships(~€200k over 18 months)
Innovation Vouchers(Once off payment of €5K)
Size of budget
Number ofInd. Partners
CollaborationComplexity
What Industry wants
Does the model work?
What Does EI Offer?
IDEA
RESEARCH
Proof of Concept
DEVELOPMENT
Technology Development
Industrial Led Research Programs
Innovation Partnerships
MARKET PLACE
Commercialisation Plus
Commercialisation of Research & Development
Industry/third level Linkages
TechnologyLicensing
Business/TeamDevelopment
Product Definition
Market/ Competitive analysis
Building Networks
Intellectual property strategy
IncubatorSpace
INDUSTRY
IDEA
Industry/third level Linkages
TechnologyLicensing
Business/TeamDevelopment
Product Definition
Market/Competitive analysis
Building Networks
Intellectual property strategy
IncubatorSpace
INDUSTRY
RESEARCH
Proof of Concept
DEVELOPMENT
Technology Development
Industrial Led Research Programs
Innovation Partnerships
MARKET PLACE
Commercialisation Plus
Commercialisation of Research & Development
Growth Issues
Enterprise Ireland Offer for High Potential Start-ups
Direction Feasibility EnterpriseStart
Feedback Enterprise Platform
Strategic Consultancy Mentors
Capability International Mentors Innovation Management
Business Accelerators Investor Ready Workshops
Networks Marketplace Client Knowledge Service
Techsearch Access to College Research
Business Angels Venture Capital
Resources Innovative HPSU Offer Incubators
Innovation Partnerships IP Support
Accelerating Irish Start-ups
EI HPSU Target for 2008-2010 - 200
So what makes a difference?
More research and technology People with expertise and experience Better means to connect technology and people:
at the right time and with the best blend
Two case studies
Case 1
Lacks commercial expertise Relatively strong technology Takes two years to license
technology & get the company formed
Relatively poor business plan Still Looking for funding Works on this during summer
months Has issued sub-licenses,
which generate zero revenue Has no employees
Case 2
30 years commercial experience Relatively weak technology Takes three months to build a
concept, & decide how to move it to market
Has business plan suitable for investment in 6 months
Gets €1.5M investment Employs 8 people Customers fly their R&D teams
to Ireland to see his product
Business Partners Programme Why Business Partners?
Historical perspective Need to have scalable approach for current & future business needs Past experience
Commercial Expertise & Cash Joined up thinking
Primary Objectives
Build new companies providing sustainable economic growth from previous state investment in academic research, with strong commercial leadership.
Facilitate access to research Support entrepreneurs looking at new opportunities Build interaction with the Business Community Culminates in a HPSU Application & Business Plan
http://www.enterprise-ireland.com/StartBusiness/What+is+a+HPSU/BusinessPlan.htm
Research Expertise
Marine Renewables – Tidal / Wave / Ocean
Hydraulics and Maritime Research Centre (NUI Cork)Dedicated offshore test site in Galway Bay
Wind Energy / Renewable Energy
Electricity Research Centre (ERC)Grid Integration of renewables, in particular wind powerMicrogenerationDemand-side management
Centre for Renewable Energy at Dundalk IT (CREDIT) - Dundalk 2020 (SEI)
Environmental monitoring
National Centre for Sensor Research (DCU)EnviroCore (Carlow IT)
BioPlastics
Kevin O’Connor (UCD) - Biodegradable plastic, Waste transformation, Biocatalysis
Biomass / Biofuels & Waste to Energy
Energy Research Centre (NUIG) Bioenergy Renewable Resources Energy Efficient Technologies Energy and Society
Bioresources Research Centre (UCD)Biomass production systems
Biomass conversion technologies
Teagasc Oak Park / Carlow ITNational centre for arable crop research
Charles Parsons Initiative on Energy and Sustainable Environment (CPI) (UL)Chemical Technologies for Biomass and BiofuelsEnergy Storage and GenerationEvaluation and Support of Energy Systems
So where to from here?
We know Commercialisation of research is paramount There is scope for improvement in exploitation Support structures are in place
We need All researchers to have commercialisation high on their agenda Work with TTO offices Interested entrepreneurs
Thank you !
