2. Ontario History Excellence
OCE Centres of
•
Individual Centres established starting in 1987 by the Ontario government focused
on: telecomunications; information technology; materials; manufacuturing; space
and terrestrial applications; photonics; and groundwater.
•
In 2005 the Centres were merged into a single entity, Ontario Centres of Excellence
Inc. and the Centre for Energy was added with new segregated provincial funding.
•
In 2008 OCE added a Centre for Commercialization of Research with federal funds.
•
In FY 2010 (ending March 31, 2010) OCE:
– invested $25.8 million in 503 projects that attracted $40.1 million invested by industry
partners.
– Worked with 40 academic institutions and connected researchers with 757 companies
– Helped create 20 new start up companies that attracted a further $113 million in follow
on investment
3. Ontario Centres of Excellence
Mandate
Industry Driven
To work with industry and academia to
develop IP to be exploited by industry
to create jobs and economic activity in
Ontario.
4. Commercialization
Sources of Finance
Government Research Funding
Ontario Centres of Excellence Programs
IACP
CCR
Angel Investors
Venture Capital
IPO / Other
Banks
Industry
Stages of Commercialization of Innovation
Fundamental /
Pure Research
Applied
Research
Technology &
Product
Development
Commercial
Demonstration and
Initial Operations
Market Entry &
Volume
Production
5. OCE Programs
Industry Academic Collaborative Programs (IACP)
Collaborative
Commercialization
Talent
• Technical Problem Solving
• Connections
• Collaborative Research
• First Job
• Market Readiness
Technical Transfer
Partnerships
Centre for
Commercialization
of Research (CCR)
Commercialization of
Research
• Technical Transfer
Networks
• Advisory Services
• Proof Of Principle
• New Entrepreneur –
Micro Finance
• CONII
• Knowledge Exchange
OCE programs funded by the Province of
Ontario to Colleges, Universities and
Research Hospitals
• Embedded Executive
• Facilitated Access to
Capital
OCE programs funded by
the Government of
Canada to companies
6. Proposal Evaluation
Proposal Assessment
OCE’s 9 Evaluation Criteria
1.
2.
3.
4.
5.
6.
7.
8.
9.
Relevance – to Ontario or OCE objectives
Novelty – is the science/techology unique and potentially disruptive
Risk Management – dealing with science, business, environmental risk
The Plan – is the plan “SMART”
Resources and Budget – physical and human resources (track record)
Industry Capacity and Commitment – team expertise & collaboration
Education & Training – development of the next generation of innovators
Commercialization – strategy for IP management & market impact
Economic and other Benefits – to the partner/sector/province
6
7. OCE’s Innovation Services
1. Business Development Services
2. EOI and Proposal Review Services
3. Project Development Services
4. Contracting Services
5. Project Management Services
6. Outcome Management Services
7. Commercialization Services
8. Talent Development Services
9. Communication Services
10. Marketing and Event Services
7
Last year is 2009-2010 – new data which will appear in 2009-2010 annual report
Last year is 2009-2010 – new data which will appear in 2009-2010 annual report
As you know, College Ontario Network for Industry Innovation, or CONII, strengthens the public College/industry linkages and collaboration and improves College linkages to the local economy. The IACP will continue to build on these outcomes by administering the Capacity Building funding for activities that include staff resources; patenting; office space; outreach; etc. IACP will as well administer the Project funding which covering Diagnostic Assessments and Proof-of-Principle projects. This program will be administered by OCE and delivered in partnership with CONII. This program is modelled after MRI’s Ontario Research and Commercialization Program A and B.The project funding will be divided into two components: the Diagnostic Assessments and Proof-of-Principle projects. The former intends to evaluate promising industry-college applied-research project possibilities to choose those worthy of being funded through the latter. This program will be administered by OCE and delivered in partnership with CONII. This program is intended to supplement core funding for CONII members’ research, technology transfer and industry liaison offices. The colleges and CONII must maintain their commitment to existing research/technology transfer/industry liaison office budgets.With regards to funding. In this transition year, we will continue to meet our existing funding commitments. Funding will be tight during this transition year.
