CS Education Event - Program Overview

Colin Thew, A/Director Business Advisory & Industry Development

Investment & Export Services

Program Overview

Collaborative Solutions - Online & Interactive Education - Pitching & Networking Event - 5 December 2013

INNOVATE NSW  Focus:  

Develop  innova,ve  and  new-­‐to-­‐market  solu3ons.    Use  enabling  technologies  to  address  a  compelling  need.    

Collaborate  with  a  business  in  a  key  sector  of  the  NSW  economy.      

Criteria:  •  Technology  SMEs  in  NSW  

 •  New  B2B  solu3ons    

•  Address  compelling  needs    

•  Scalable  across  a  sector    

•  Sectors:  E-­‐health,  advanced  manufacturing,  energy  technologies  and  services,  online  &  interac3ve  educa3on,  and  transport,  logis3cs  &  infrastructure    

•  Using  'enabling  technologies'  Collabora3ve  Solu3ons  -­‐  Online  &  Interac3ve  Educa3on  -­‐  Pitching  &  Networking  Event  -­‐  5  December  2013  

INNOVATE NSW  –  Funding  Elements  

§  Minimum  Viable  Product  (MVP)  –  $15k:  Prove  the  Concept  –  early  stage  development  –  3  month  project  period  

 §  TechVouchers  (TV)  

–  $15k:  Prove  the  Technology  –  early  stage  research  –  3  month  project  period  

 §  Collabora3ve  Solu3ons  (CS)  

–  $100k:  Form  a  Consor3a  –  full-­‐scale  development  and  pilo3ng  of  a  solu3on  

–  9-­‐12  month  project  period  

Collabora3ve  Solu3ons  -­‐  Online  &  Interac3ve  Educa3on  -­‐  Pitching  &  Networking  Event  -­‐  5  December  2013  

Four  Criteria:  (in  order)  

1.  Innova3ve  use  of  enabling  technologies  Innova&on,  new-­‐to-­‐market,  addresses  compelling  need  

2.  Strength  of  the  business  model  Sustainable,  poten&al  for  high-­‐growth,  capacity  to  scale  solu&on  

3.  Industry  sector  benefits  Tangible  benefits,  addresses  barrier  to  growth  across  sector  

4.  Economic  benefits  to  NSW  Poten&al  jobs,  export  revenue,  investment  aBrac&on,  benefits  to  regional  NSW  

Collabora3ve  Solu3ons  -­‐  Online  &  Interac3ve  Educa3on  -­‐  Pitching  &  Networking  Event  -­‐  5  December  2013  

INNOVATE NSW  –  Evalua3on  Criteria  

Program  page  -­‐  h\p://www.business.nsw.gov.au/innovatensw        

 -­‐  Program  overview    -­‐  Submit  EOI    -­‐  Guidelines    -­‐  Sample  Forms  

   Collabora3ve  Solu3ons  -­‐  Online  &  Interac3ve  Educa3on  -­‐  Pitching  &  Networking  Event  -­‐  5  December  2013  

INNOVATE NSW  –  How  to  Apply  

Collabora3ve  Solu3ons  Goals:  •  Foster  collabora3on  between:    

–  tech  SMEs,      – mul3na3onal  corpora3ons,  and    –  businesses  in  key  sectors      

•  Deliver  compelling,  new-­‐to-­‐market  B2B  solu3ons    •  Accelerate  NSW  innova3on,  revenue,  jobs,  export    Grants:  •  Maximum  of  25%  of  project  costs  up  to  $100,000    

Collabora3ve  Solu3ons  -­‐  Online  &  Interac3ve  Educa3on  -­‐  Pitching  &  Networking  Event  -­‐  5  December  2013  

Consor3um-­‐Backed  Solu3ons  A  consor,um  must  have:  •  Consor3um  Lead  (technology  SME  -­‐  applicant)  •  Consor3um  Partner  (contributes  addi3onal  capabili3es)  •  Pilot  Organisa3on  (end-­‐user  -­‐  guides  development  &  pilots  solu3on)  

Lead  

Pilot  Org  

Partner  

Collabora3ve  Solu3ons  -­‐  Online  &  Interac3ve  Educa3on  -­‐  Pitching  &  Networking  Event  -­‐  5  December  2013  

Consor3a  Rela3onships  Example  Consortia Member Responsibilities and contributions

Lead Organisation (Tech SME)

• Project manager, business developer • Primary developer – holds IP • Coordinates various components into one solution • Commercialisation

Pilot Organisation (Business end-user)

• Provides challenge/opportunity • Venue for testing/piloting • Feedback during development and following pilot • Dedicates staff member to liaise with Lead

Partners • Data analytics software • Platform for the solution (e.g. cloud) • RFID chips • Content creation • Payment platform • Additional research • Marketing • Handsets, hardware

Benefits  for  the  Pilot  Organisa3on  

•  Validate  new  products/solu3ons’  pros/cons    

•  Trial  before  full  commitment  on  deployment    

•  Leverage  industry’s  exper3se,  investment,  agility    

•  Lower  the  cost  of  adop3on    

•  Be  seen  as  front-­‐footed  on  exploi3ng  new  tech    

•  Help  grow  NSW  technology  sector:  skills,  jobs,  revenue  

Collabora3ve  Solu3ons  -­‐  Online  &  Interac3ve  Educa3on  -­‐  Pitching  &  Networking  Event  -­‐  5  December  2013  

What  it  is  /  is  not  Is    •  B2B  

 •  enabling  technology  

 •  innova3ve  beyond  current  

offerings    

•  scalable    

•  suppor3ng  commercial  pilots  and  trials  (“R&D”)    

•  done  in  the    “spirit  of  collabora3on”    

•  incen3ve  grant  that  drives  commercial  interests  

Is  Not    •  B2C  

 •  suppor3ng  pure  /  ICT  

technology  research    

•  done  in  a  client-­‐vendor  or  tender  arrangement    

•  a  path  to  government  procurement    

•  a  bespoke  solu3on  (must  be  scalable)  

Collabora3ve  Solu3ons  -­‐  Online  &  Interac3ve  Educa3on  -­‐  Pitching  &  Networking  Event  -­‐  5  December  2013  

Previous  Consor3a