Technology Translation and Innovation Partnerships - ILO

Technology Translation and Innovation Partnerships

Another Service by ILO

Go-to-Market Series @ FoE: Technology Management and Funding Options24 Feb 2014

Copyright © 2014 NUS Enterprise. All Right Reserved. A Presentation by Industry Liaison Office - A Division of NUS Enterprise

24 Feb 2014

TTIP ‐ Bridging R2M Process

ProtectionEvaluation Licensing/ Spin‐off

Techno

logies

IP Management & Commercialization

Marketing Translation

© 2013 NUS Enterprise. All Rights Reserved

TRL 2‐3 TRL 6‐7


24 Feb 2014

ILO Commercialization Strategy - Bridging R2MComplementary programs to support technology commercialization

MARKETSDemand Drivers - Partners for

CREATING Market “Pull” Public and Private Sector Translators – Partners for

SUPPORTING Market “Pull”

Man

y pr

ogra

ms

to

Faci

litat

e “p

ush”

to

Mar

ket

Part

nerin

g to

Enha

nce

Mar

ket P

ull

Research Outputs

Technology Push Mechanisms- IP Commercialization Supports

Bootcamps• LLP@SG, • FoE IEL’s TVL, Market Zoom,

Techlaunch• SMART Bootcamp (MIT-

INSEAD)

Proof of Concept (POC) Grants ($250K/12mth)• Proposals Development• During- and post-grant

commercialization supports• Grant Administration

Mentors• Bootcampers• PIs applying for

Translational grant

Translational Initiatives • Membrane • 3D Printing• Graphene


24 Feb 2014

Partnerships & Collaboration

OutcomeSustainable pipeline of licensable IPs

ProtectionEvaluation Licensing/ Spin‐offTechno

logies

IP Management & Commercialization

Marketing Translation

© 2013 NUS Enterprise. All Rights Reserved

Technology Translation and Innovation Partnerships (TTIP)Bridging Research to Market

Introducing TTIP –a new function that ILO has added to support the commercialization of technologies generated in NUS and its associated Research Centers’ laboratories. TTIP aims through partnering with key stakeholders in the innovation ecosystem, including but not limited to translators, fellow IHLs, agencies, trade associations, technology seekers and demand drivers to support technology translation and commercialization of IPs under the care of ILO.

Introducing TTIP –a new function that ILO has added to support the commercialization of technologies generated in NUS and its associated Research Centers’ laboratories. TTIP aims through partnering with key stakeholders in the innovation ecosystem, including but not limited to translators, fellow IHLs, agencies, trade associations, technology seekers and demand drivers to support technology translation and commercialization of IPs under the care of ILO.

Polytechnic/ITE

Private Sectors:SMEs &MNCs

GovtAgencies

Private Sector

Translator

Trade Association & Chambers


24 Feb 2014

Research to Market – Partnering Journey:De-risking mechanisms from conceptualization to market

Fund RaisingProductizationMarket TestingMarket DevelopmentProduct TestingProduct Development

Marketing and Sale Channel Development

Prototyping

Applications DevelopmentDefine development strategiesDefine product specificationsIdentify market needsIdentify applications

Marketing/ Sale

Market

Lab‐Prototype

Application

Product

Proof of Concepts

Translate

Productize

a‐Prototype

Transfer

NUS Technology & Capability

Partnership

POC Effort

Product Specs; Market Insight;

Project Lead?NRF POC:$250K, 1 yr

SPRING POC$250K, 1 yr

SPRING POV$500K, 2 yrs

SPRING/MOE T‐Up

SPRING:‐ Equity Financing‐ Tax Incentive

IE: Marketing Grants

SPRING ICV

R&D Supports

Marketing Partner

R&D Lead

Market Dev; Productization

Lead

Marketing and Sale

ChannelDevelopment

R&D Manpower Supply

MOE/NRF TIF:$500K, 2 yrs

Translational Project Co‐

Lead

Translational Project ‐ Lead

Smart Innov Grant:$250K, 2 yrs

Translational Project ‐ Lead

Translational Project Co‐

lead

Joint Effort Joint EffortJoint Effort

Co‐Lead

Gap?


24 Feb 2014

Hmm, this is going to be a great invention with

many applications!

Err, the market seems pretty

small…

An old story we all know…Wow, there are still a lot of

developmental works needed!

There is not enough supporting

infrastructure in place to support the productization

Actually, I am good for something else

Ting D N @ ILO © 2012 NUS Enterprise. All Rights Reserved 6


24 Feb 2014

Innovation is a Convergence Process so is Technology Commercialization

It takes Conversation, Communication and Open Mind to see that

It is an ELEPHANT.



24 Feb 2014

Let’s talk Elephant



24 Feb 2014

Technology Translation and Innovation Partnerships - ILO

Education

Transcript of Technology Translation and Innovation Partnerships - ILO