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The Lockheed Martin India Innovation Growth Program IndiaInnovates

The Lockheed Martin India Innovation Growth Program www.IndiaInnovates.in. Program Goal. Accelerate the commercialization of early stage Indian technologies into global markets. Program Partners. Organized and managed by FICCI Sponsored by Lockheed Martin Co.

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The Lockheed Martin India Innovation Growth Program IndiaInnovates

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  1. The Lockheed Martin India Innovation Growth Programwww.IndiaInnovates.in

  2. Program Goal Accelerate the commercialization of early stage Indian technologies into global markets.

  3. Program Partners • Organized and managed by FICCI • Sponsored by Lockheed Martin Co. • Technical support provided by IC2 Institute at the University of Texas at Austin

  4. About FICCI • Setup in 1927, Federation of Indian Chambers of Commerce and Industry (FICCI) is the largest and the oldest apex organization of Indian Business. • FICCI provides Business Houses an interactive platform to share their concerns, strengths and offerings. • FICCI provides collaboration and networking opportunities between corporate and govt.

  5. FICCI Membership • Corporate Members (60) • Associate Members (1300) • Member – Bodies i.e., Chambers and Associations (361) • Joint Business Councils (200)

  6. FICCI TIME IS Project • TIME IS – Aims at assisting investors and technology entrepreneurs to find technology projects, funding options and information about investments policies, incentive schemes and industrial infrastructure available in India.

  7. Two Global Fora on Business Incubation • 1st Global Forum on Business Incubation – Creating Conditions for Innovation, October 14-19, 2004, New Delhi • 2nd Global Forum on Business Incubation – Empowering Economies through ICT, Innovation and Entrepreneurship, November 6-10, 2006, Hyderabad

  8. International Conferences on R&D in India • 1st International Conference on “India R & D 2005 – A Knowledge Hub of the Future”, November 7, 2005, New Delhi • 2nd Global Conference & Exhibition on “India R&D 2006 - Mind to Market”, December 5-6, 2006, New Delhi

  9. IC2 Institute • IC2 Institute is composed of several organizations - Global Commercialization Programs - Bureau of Business Research - Austin Technology Incubator - Master of Science in Science & Technology Commercialization (MSSTC) - Commercialization Research • IC2 Institute’s Global Reach with offices in countries like Mexico, Poland, Canada, Australia, India, Kazakhstan

  10. Successful Experiences in Austin • Austin Technology Incubator • 20 years • 150 companies launched • $1.5 Billion in revenues generated • $720 Million in investor capital raised • 10,000 Jobs created

  11. Successful Experiences in Poland • Poland • 2.5 years • $300 Million in growth for the Polish economy • 2 technology business incubators created • 14 ventures launched • 200+ technologists and entrepreneurs trained in technology commercialization • Commercial deals developed for 84 US and Polish companies • Venture Capital attracted to 3 technologies • Graduate-level degree program in technology commercialization, 55 students graduated and studying

  12. Poland Examples • Bio-medical • Polish device company received $500,000 Round A venture funding • Communications • American cell phone equipment manufacturer found numerous Polish suppliers. Launched new company in Poland.

  13. Successful Experiences in Mexico • Mexico • 300+ early-stage technologies assessed • Technology assessment and commercialization training for 150+ technologists and entrepreneurs • Accelerated commercialization for 10 technologies • Established Technology Business Accelerator (TechBA) at ATI for Mexican technology companies • Created $10 Million in sales opportunities in first 6 months

  14. Mexico Examples • Educational • Mexican educational software company partnered with American firm for $9 million in sales • Enterprise Software • Mexican software firm partnered with major American software supplier to win $2 million contract with automotive supply company.

  15. Program Description • 2-year, nation-wide program • Competitive selection process • Open to all Indian innovators

  16. Aeronautics Agriculture Biotech Chemistry Communications Computing Defense Electronics Environmental IT Manufacturing Marine Materials Medical / Life Sciences Nanotech Petrochemical Semiconductors Transportation Broad Range of Technical Sectors

  17. Participant Benefits • Business development engagement with IC2 Institute, University of Texas, USA and interaction with leading investment firms from USA*. • Access to global market opportunities* • Access to program partners • No cost to participate! • World class training from IC2 Institute • Commercialization strategies • Entrepreneurship • Commercial potential analysis of innovation by International Experts • Participation in Innovation Competition (judged by international panel of experts) * For a limited number of participants

  18. Program Mechanics 1 2 3 4 Apply to Program 2nd Screening Commer’l Workshop 1st Screening 5 6 7 8 Innovation Competition QuickLook Analysis Entrepren Workshop Business Development 9 Global Markets

  19. Program Mechanics 1 2 3 4 Apply to Program 2nd Screening Commer’l Workshop 1st Screening Program application deadline is 31 March! Apply today! 5 6 7 8 Innovation Competition QuickLook Analysis Entrepren Workshop Business Development 9 Global Markets

  20. Program Schedule • If necessary….

  21. Learn More @ www.IndiaInnovates.in

  22. How to Apply

  23. Contact Us

  24. Question and Answer Session

  25. Thank You! www.IndiaInnovates.in

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