© 2013 Ontario Centres of Excellence Inc. ITAC SMC, June 24, 2013 OCE INTRODUCTION
© 2013 Ontario Centres of Excellence Inc.
ITAC SMC, June 24, 2013OCE INTRODUCTION
© 2013 Ontario Centres of Excellence Inc.
A competitive edge for Ontario companies by leveraging academic research, talent and networks
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© 2013 Ontario Centres of Excellence Inc.
ONTARIO CENTRES OF EXCELLENCE
Established in 1987 by the Province of Ontario
Four priority sectors:• Advanced Manufacturing
• Advanced Health Technologies
• Energy and Environment
• Information &Communications Technology & Digital Media
Dedicated business development team
Part of the Ontario Network of Excellence• Responsible for industry-academic collaboration programs
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© 2013 Ontario Centres of Excellence Inc.
RETURN ON INNOVATION OUTCOMES 2011-12
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© 2013 Ontario Centres of Excellence Inc.
SECTOR ACTIVITY
Percentage of OCE Projects by Sector
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© 2013 Ontario Centres of Excellence Inc.
OCE DEAL FLOW
2000new potential
project inquiries each year
400completed proposals
300funded projects
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© 2013 Ontario Centres of Excellence Inc.
PROJECT EXAMPLES
© 2013 Ontario Centres of Excellence Inc.
COLLABORATIVE RESEARCH
TRANSFORM AUTOMOTIVE
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The Challenge• Improve understanding of “flow forming” process to
reduce cycle time and improve product quality
OCE Role• Connected with Western University in London for
advanced process and materials modeling and simulation capabilities
• Collaborative Research project with OCE funding to match company contribution.
Outcomes• Increased product throughput and quality• Increased sales $30M over 4 years• Added 44 new jobs
Advanced metal formed components for automotive transmissionswww.transformauto.com
© 2013 Ontario Centres of Excellence Inc.
START-UP
SPARQ SYSTEMS
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The Challenge• Commercialize leading edge power conversion
research to improve performance and lower cost of solar photovoltaic panels through a Queen’s University startup
OCE Role• OCE and CCR, in partnership with the Ontario
Power Authority, recently invested $600,000 in Queen’s U. ePOWER lab to support SPARQ.
Return on Innovation• 10 new jobs created• Generated orders worth several million dollars in its
first two months
Innovative, software-based microinverters for solar PV25 year performance30% more energy, with better performance under low lightPlug and play installation and lower total cost of ownershipwww.sparqsys.com
© 2013 Ontario Centres of Excellence Inc.
LARGE COMPANY – MULTI-PROJECT ENGAGEMENT
AMD CANADA
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The Challenge• Develop applications that exploit new Fusion CPU
architecture• Increase engagement with local researchers• Identify and recruit high quality talent with advanced
degrees
OCE Role• Organized workshop between AMD and researchers
on heterogeneous computing leading to call for expressions of interest
• Developed 6 collaborative projects• Presented results in March 2012 workshop
Outcomes• 4 NSERC CRDs, 6 NSERC Engage, 3 OCE TPS• AMD hiring from project teams
AMD Fusion Accelerated Processing Units developed with AMD CanadaIntegrate CPU and Graphics Processor Unit (GPU) on single processor.Deliver high performance desktop and mobile computing
© 2013 Ontario Centres of Excellence Inc.
SOUTHERN ONTARIO SMART COMPUTING INNOVATION PLATFORM (SOSCIP)
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© 2013 Ontario Centres of Excellence Inc.
June 25, 2013
FUNDING PROGRAMS
© 2013 Ontario Centres of Excellence Inc.
R&D PROGRAM LANDSCAPE
Program Collaboration Focus
SR&ED Not required Tax credit support for R&D
NRC IRAP IRAP ITAOptional external
Offset % of R&D costProject-based
MITACS AccelerateNSERC Post-Grad ScholarshipsFedDev SEB InternshipsConnect CanadaCo-op Programs
Internship positions, small projects Talent development and exchange
NRC IRAP Youth Emp. Strategy Hiring graduates Transfer knowledge through new-hires, early experience opportunities
NSERC EngageOCE Technical Problem SolvingFedDev Collaborative R&D (Not currently active)
With academic institution Solve problems, feasibility assessments, build relationship, short-term engagement
OCE Collaborate to Commercialize With academic institution Research challenge, new IP, multi-year
FedDev Technology Dev. Prog. (Not currently active)
With academic institution or not-for-profit organization
Wide range including problem solving, demo, market study, clinical trials
NSERC CRD With academic institution Research challenge, new IP, multi-year
NSERC Partnerships and Networks Multiple institutions and companies Strategic research
Ontario Research FoundationCanada Foundation for Innovation
Company interest Research
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© 2013 Ontario Centres of Excellence Inc.
PUBLIC STARTUP SUPPORT
Program Offer Eligibility / Notes
Courses – Business of Software, Entrepreneurship 101, Udacity
Business Acceleration Program (BAP)Administered by MaRS Advisory Services
Advisory services delivered through Regional Innovation Centres (RICs)
Any high growth potential startup in Ontario
Accelerators:UTest, Jolt, DMZ, Velocity, Next 36, Techno,Rotman Creative Destruction Lab,…
Varies. Some may offer some cash (for equity), space, advice, process…
Varies, some target students, recent graduates.Mileage may vary – “graduates”, qualifications?
OCE Market Readiness Cumulative to $650k, through several stages
Spin-out of Ontario academic research institutionTechnology based on academic research. Matching requirements vary by stage
VentureStart / OCE SmartStart $30,000, 1:1 cash match New entrepreneur, STEM graduate
Embedded Executive / Expertise Programs -OCE CCR, MaRS, IRAP
Pays for executive to address gap, typically 3-6 month placement
Varies with administrator
Investment Accelerator Fund (IAF) Up to $500,000 in return for small equity,convertible debt
Any Ontario technology-based startup.
FedDev Investing in Business Innovation Co-investment fund with angel investor networks or venture placement
Southern Ontario small business (<50 employees)
FedDev Prosperity Initiative – RegionalDiversification
Typically <$1M Southern Ontario SMERepayable contribution toward eligible costs
Ontario Emerging Technologies Fund (OETF) Co-investment fund with venture funding Co-investment to help close or top up a venture investment
Ontario Innovation Demonstration Fund (IDF) $100k to $4M per project for up to 50% of eligible project costs
Advanced, pilot stageHas mainly be used for cleantech
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© 2013 Ontario Centres of Excellence Inc.
OCE PROGRAMS AND SERVICES
© 2013 Ontario Centres of Excellence Inc.
OCE PROGRAMS & SERVICES
Collaborative Commercialization
• Technical Problem Solving• Collaborative Research• Market Readiness• Special Energy Fund Program• High Performance Computing
Initiative (IBM) New
Talent • Connections (OPA)• First Job• Experiential Learning
(ELP) NEW• OCE/NSERC Industrial R&D
Fellowship New• OBI/OCE Entrepreneurial
Fellowship New
Technology Transfer Partnerships
• Technology Transfer Networks
• Proof Of Principle• CONII• Knowledge Exchange
Industry Academic Collaborative Programs (IACP)
OCE programs funded by the Province of Ontario to Colleges, Universities and Research Hospitals
Social Innovation (SI) (Pilot)• Student Competition• Projects
• Health Improvement• Sustainability & the
Environment• Poverty Alleviation
OCE programs funded by the Province of Ontario to NPOs
and SEs
* Special Energy Fund (SEF)
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© 2013 Ontario Centres of Excellence Inc.
OCE KEY PROGRAMS
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Talent
• Connections
• First Job
• Value Added Personnel
• Experiential Learning (ELP)
Collaborative Commercialization
• Technical Problem Solving
• Collaborative Commercialization
• Market Readiness
Technology Transfer Partnerships
• Technology Transfer Networks
• Proof Of Principle
• CONII
• Knowledge Exchange
Industry Academic Collaborative Programs (IACP)
OCE programs funded by the Province of Ontario to Colleges, Universities and Research
Hospitals
Social Innovation (SI)
• Student Competition• Projects
• Health Improvement• Sustainability & the
Environment• Poverty Alleviation
OCE programs funded by the Province of Ontario to
NPOs and SEs
* Special Energy Fund (SEF)
• Company + academic team• Solve problem / create new technology /
test and validate• TPS: <$25k • Collaborative: $25k-$200k• OCE funds project at the institution
• Start-up (~90%) or licencing• Academic research spin-out• Milestone based support• Flexible use of funds for start-up activities• Entry $25k, max $250k, cumulative $650k• Funding to start-up company
© 2013 Ontario Centres of Excellence Inc.
EXAMPLE SPECIAL INITIATIVES
Active• High Performance Computing• SmartStart (Fed Dev) • Ontario - Alberta initiative• OCE-OBI Internships• Single Application: OCE TPS +
Connect Canada Internship + NSERC Engage + IRAP
In Development (funding confirmed)• MTO Intelligent Vehicles Program
Recently Completed• Social Innovation (Pilot)• Embedded Executive (IRAP)• Experiential Learning (Pilot) • OCE-NSERC IRDF
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© 2013 Ontario Centres of Excellence Inc.
KEY ELIGIBILITY CRITERIA
Leverage research from Ontario public academic research institution• University, college or research hospital
Impact in Ontario• Startup
• Ontario business operations
Deliver for profit / business impacts• Jobs, revenues, new products, new markets, startup
Matching investment (amount varies with program)
Willingness to report results
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© 2013 Ontario Centres of Excellence Inc.
WHAT IS PROJECT SUCCESS?
JobsCompany revenuesStart-up CompanyImpact on the company
Mandate to benefit OntarioWe measure our success by the businesssuccess of the industry partners
© 2013 Ontario Centres of Excellence Inc.
A competitive edge for Ontario companies by leveraging academic research, talent and networks
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© 2013 Ontario Centres of Excellence Inc.PAGE 22
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MAY 27-28, 2013REGISTRATION OPEN
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THANK YOUJessie [email protected] +1 (519) 495-9165