Research & Innovation

1. Research & Innovation Enterprise Ireland’s R & I policy driven by Government Strategy

2. Strategy for Science, Technology and Innovation • World Class Research • Capturing, Protecting and Commercialising Ideas and Knowhow • R & D for Enterprise, Innovation and Growth

3. Enterprise Ireland works closely with

4. Enterprise Ireland Strategy 2008-2010 - Increasing Irish Innovation Realising the Commercial Potential of Ireland’s Research Community Effective Industry Engagement with Third Level Resource Dramatically Increase R&D Activity in Irish Companies

5. Working with the Research Community to Increase Irish Innovation Realising the Commercial Potential of Ireland’s Research Community Effective Industry Engagement with Third Level Resource Dramatically Increase R&D Activity in Irish Companies

6. Nobel Prize goes to "European Inventor of the Year" EPO President Alain Pompidou and Günther Verheugen, Vice President of the European Commission, congratulate Peter Grünberg on winning the European Inventor of the Year prize on 3 May 2006. The Nobel Committee has awarded this year's Nobel Prize (2007) in physics to Peter Grünberg The giant magnetoresistance (GMR) effect led to the breakthrough in gigabyte hard drives used in every computer produced today

7. Realising the Commercial Potential of Ireland’s Research Community • Commercialisation Fund • Applied Research Enhancement • Technology Transfer Strengthening Initiative • Client Teams – Commercialisation Specialists in • Life Sciences & Food • ICT • Industrial Technologies

8. Effective Industry Engagement with Third Level Resource • Innovation Partnerships • Innovation Vouchers • Campus Incubators • Competence Centres • Industry-Led Research Programmes

9. Realising the Commercial Potential of Ireland’s Research Community • Commercialisation Fund • Applied Research Enhancement • Technology Transfer Strengthening Initiative • Client Teams – Commercialisation Specialists in • Life Sciences & Food • ICT • Industrial Technologies

10. Commercialisation Fund • provides support for the commercialisation of research from • third-level institutions through three programmes: Proof of Concept Technology Development Comms Plus Bench Market YEARS Note: This is a linear model, however, the Commercialisation Fund is a flexible mechanism; projects can enter at any stage of the process.

11. 2 Month turnaround time on evaluations €50,000 €100,000 per project 12 months duration Staff on contract welcome to apply 3 Calls for Proposals per year

12. - aims to support academic researchers to explore innovative scientific concepts with commercial potential We seek concepts that demonstrate: A unique approach over existing alternatives An ability to address a significant customer/end-user need The potential to positively impact the Irish economy

13. What problem does your concept address? • What are the current approaches to address the problem? • Describe your proposed solution to the problem. • Why is your concept better than these? • What supporting evidence can you provide that your concept has a commercial application? • Can your team successfully deliver this project?

14. Technology Development Supports research in areas of technology of medium term interest to industry in Ireland The research should lead to technologies, products or processes that can; • provide the basis of new businesses in Ireland or • can improve the competitiveness of industry in Ireland through licensing agreements.

15. 2 Month turnaround time on evaluations Technology Development €100,000 €400,000 per project 18 - 36 months duration Staff on contract welcome to apply 3 Calls for Proposals per year

16. Technology Development What problem does your concept address? What are the current approaches to address the problem? Describe your proposed solution to the problem. Why is your concept better than these? Can your team successful deliver this project?

17. Technology Development • Describe the commercial potential of the project output? • Describe the markets and customers where you think your technology will have the strongest commercial potential? • Discuss the industry relationships you plan to forge, or have already developed. • Describe the status of the technology in terms of intellectual property rights.

18. Commercialisation Fund Since 2003 Funding Projects Proof of Concept Technology Development 487 204 691 €41.1M €74.3M €115M

19. Commercialisation Fund Success Rates Proof of Concept Technology Development 36%* 46% *Success rate on resubmissions 50 - 75%

20. Proof of Concept UL - 53 projects approved since 2003

21. Technology Development UL – Submissions Vs Approvals

22. Commercialisation Fund Next Submission Deadline Wed 14th January 2009 Approval Committee – PoC March 2009 Approval Committee – TD March 2009

23. Lisa Keating Programme Manager, Commercialisation Fund 808 2707 Lisa.keating@enterprise-ireland.com Mark Whelan Commercialisation Specialist, ICT & Industrial Technologies mark.whelan@enterprise-ireland.com James Walsh Commercialisation Specialist, Life Sciences & Food James.Walsh@enterprise-ireland.com