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Enterprise Ireland Innovation, Research Commercialisation (IRC). Commercialisation Workshop – Ideas to Industry. Enterprise Ireland. Enterprise Ireland’s Mission
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Enterprise IrelandInnovation, Research Commercialisation (IRC) Commercialisation Workshop – Ideas to Industry
Enterprise Ireland • Enterprise Ireland’s Mission To accelerate the development of world-class Irishcompanies to achieve strong positions in globalmarkets, resulting in increased national and regional prosperity • Irish state development agency focused on accelerating the development of world-class Irish companies.
Enterprise Ireland • Lead • Innovate • Grow Applied Research Commercialisation Business Unit – Effective Commercialisation of Research
Policy Analysis and Advice Inward Investment Industrial Development in Ireland Irish Owned Enterprise
Applied Research & Commercialisation Commercialisation is the innovative use of Intellectual Property and know-how to provide products and services through licensing deals and the formation of spin-out companies R&D Supports ARC + Third Level Sector Industry
EI & Third Level Institutes 250+ Principal Investigators linked into schemes Over €150M investment in Innovation, Research Commercialisation over the past 5 years 25+ research institutes engaged in ARC services
What Enterprise Ireland has achieved Within the last 5 years we’ve assisted the licensing of IP from academic institutes to industries There has been over 25 start up companies formed from EI supports Many of our academics have been nominated for Commercialisation awards/ entrepreneur recognition Some of the notable results are ….
Why? • Exploiting synergy between science and business • Access to new income streams (Researcher & Institute) • Seeing practical outcomes to your research • Opportunities to improve quality of life • Further understanding of the discipline • Recognition/reputation for you and your research establishment • Career progression • Successful innovation • Access to expertise within EI to progress and support your product development
Incubator Incubator Market/ Competitive analysis Market/ Competitive analysis Space Space Building Building Intellectual Intellectual Networks Networks property strategy property strategy I Industry/third level Industry/third level Product Definition Product Definition Linkages Linkages Business/Team Business/Team Technology Technology Development Development Licensing Licensing Programs & Supports from EI (idea to industry) N N RESEARCH RESEARCH DEVELOPMENT DEVELOPMENT MARKET PLACE MARKET PLACE I I D D D D Proof of Concept Proof of Concept Technology Development Technology Development Commercialisation Plus Commercialisation Plus U U E E Industrial Led Research Industrial Led Research CORD Commercialisation of S S Programs Programs Research & Development A A T T Innovation Partnerships Innovation Partnerships R R Patent Fund Patent Fund Patent Fund Y Y Patent Fund Patent Fun d Patent Fund = ARC Financial Supports = ARC Non Financial Supports =
Typical EI Commercialisation Program Application Process WHAT DO YOU HAVE (PRODUCT/SERVICE) WHO WOULD WANT IT & WHY? CHECK OUT NEW FORMS! Tip! GET SOME INDEPENDENT PERSONNEL TO READ YOUR APPLICATION IN ADVANCE Discussion with your ILO/TTO and EI representative Preparation work on Research Idea & Commercial potential at Institute 3 calls for Applications annually Evaluators (Commercial & Technical) assess application then a Commercialisation Fund Review Panel Application is rated based on Research-Innovation / Project Plan / Commercial opportunities
Training for Innovation… Enterprise Start Programs… • Jan 18th 2008 DIT, Aungier Street, Dublin 2 • Feb 1st 2008 IT Blanchardstown, Dublin 15 • Apr 4th 2008 IT, Tallaght, Dublin 24 • May 10th 2008 DBIC, Guinness Enterprise Centre Dublin 2 Variety of programs EI supported throughout Ireland!www.enterprise-ireland.com/StartBusiness/EnterpriseSTART+Programme.htm
How to get your ideas to the market…. • Call for both Proof of Concept and Commercialisation applications as follows: • 16th January 2008 • 14th May 2008 • 17th September 2008 • Application forms: www.enterprise-ireland.com/commercialisation • Talk with your EI +/ TTO rep • Enterprise Start Program – enrol • Attend trade show (not the same as academic conferences!) • Network – talk to companies to explore ideas (don’t divulge IP) • Innovation Vouchers