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© 2013 Ontario Centres of Excellence Inc. ITAC SMC, June 24, 2013 OCE INTRODUCTION
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OCE Presentation - June 24, 2013itac.ca/wp-content/uploads/2013/06/OCE-Presentation-June-24-2013.… · © 2013 Ontario Centres of Excellence Inc. ITAC SMC, June 24, 2013 OCE INTRODUCTION

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Page 1: OCE Presentation - June 24, 2013itac.ca/wp-content/uploads/2013/06/OCE-Presentation-June-24-2013.… · © 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

Page 2: OCE Presentation - June 24, 2013itac.ca/wp-content/uploads/2013/06/OCE-Presentation-June-24-2013.… · © 2013 Ontario Centres of Excellence Inc. ITAC SMC, June 24, 2013 OCE INTRODUCTION

© 2013 Ontario Centres of Excellence Inc.

A competitive edge for Ontario companies by leveraging academic research, talent and networks

PAGE 2

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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

PAGE 3

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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

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© 2013 Ontario Centres of Excellence Inc.

COLLABORATIVE RESEARCH

TRANSFORM AUTOMOTIVE

PAGE 8

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

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© 2013 Ontario Centres of Excellence Inc.

START-UP

SPARQ SYSTEMS

PAGE 9

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

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© 2013 Ontario Centres of Excellence Inc.

LARGE COMPANY – MULTI-PROJECT ENGAGEMENT

AMD CANADA

PAGE 10

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

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© 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

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© 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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PAGE 13

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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

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© 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

PAGE 17

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

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© 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

Page 21: OCE Presentation - June 24, 2013itac.ca/wp-content/uploads/2013/06/OCE-Presentation-June-24-2013.… · © 2013 Ontario Centres of Excellence Inc. ITAC SMC, June 24, 2013 OCE INTRODUCTION

© 2013 Ontario Centres of Excellence Inc.

A competitive edge for Ontario companies by leveraging academic research, talent and networks

PAGE 21

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© 2013 Ontario Centres of Excellence Inc.PAGE 22

STAR AWARDBest Tradeshow in

Canada 2010 & 2011

MAY 27-28, 2013REGISTRATION OPEN

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© 2013 Ontario Centres of Excellence Inc.

THANK YOUJessie [email protected] +1 (519) 495-9165