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Canadian R&D, Funding Sources•Government

•Federal Government

•Provincial Government• Michael Smith Foundation for Health Research

(MSFHR)

• Genome BC Canada

•Municipal Governments

•Private Foundations• Canadian Diabetes Association

• Heart and Stroke Foundation

• Breast Cancer Society of Canada

•Industry

Research & Technology Transfer @ SFUResearch & Technology Transfer @ SFU

• Annual Research Income, >$100 Million

• IP Policy is: Inventor owned

• Technology transfer, IP $ commercialization services

–SFU Innovation Office

Importance of Intellectual Property (IP) Importance of Intellectual Property (IP)

• Knowledge Society & Economy and IP is a fundamental business asset in the 21st century economy.

• Universities are excellent sources of innovative technologies to be transferred to the industries.

• Industry looks at the universities as sources of technology to fuel economic growth.

• This transfer is done by the Technology Transfer Offices,known as the Innovation Office at SFU.

IP Policies, Canadian UniversitiesIP Policies, Canadian UniversitiesUniversity Patent Ownership

SFU, Policy # R30.03 Creator

Victoria Creator

Alberta Creator

Calgary Creator

Dalhousie Creator

Waterloo Creator

Queen's Creator

UBC University

UNBC University

McMaster University

Ottawa University

Toronto Joint

McGill Joint

Sherbrooke Joint

Manitoba Joint

Saskatchewan Negotiated

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Innovation Office @ SFU

Innovation + knowledge mobilization + business acceleration

Assisting with transformation of ideas and discoveries into companies, products and

services and the training & development of entrepreneurs

Innovation Office (IO) Services• Invention Disclosures from SFU inventors• IP, Technology & Market assessments• Patent Protection• Apply for commercilization grants and assistance• Commercialization via:

– Technology Licensing – Company Creation

• Entrepreneurship and Business Incubation & Accelerator programs

• Industry & Government Liaison• Angel Networks & Seed funds

The Commercialization CycleTransforming Ideas into Products and Companies

Commercialization Road Map

Research Findings Scientific knowledge, Publish or Commercialize?!

Proof of Concept Product Development

Valley 1 Valley 2 $$$ $$$

Funds to overcome Valley 1: Additional basic research grants NSERC Market Assessment grantNSRC I2I, Phase ICIHR POP, Phase I

Or an invention?

Product performance

$$$$

Funds to overcome Valley 2:NSERC Interaction grantNSERC Engage grantMITACS grantsNSERC I2I Phase IICIHR POP Phase II

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Entrepreneurial culture at SFU

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www.ventureconnection.sfu.ca

SFU’s Student and alumni entrepreneurship program. Concept development & market validation, events,

competitions, mentors-in-residence, business incubation services.

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www.venturelabs.ca

World class technology business accelerator program. Business development assistance, executives-in-

residence, business development assistance, access to customers, government assistance & financing

sources.

beedie.sfu.ca/radius/

RADIUS (RADical Ideas, Useful to Society) is a social innovation lab and venture incubator based at the Beedie School of Business, Simon Fraser University

The BC Startup Ecosystem

BC Entrepreneurship & Startup EcosystemPolicy & Funding: BCIC, PTC, MAEIT

Lower Mainland, BC Regional BC Mentoring Services (Early to growth stage)

Angel & Seed Investment

Associations & Events(Inspiration & Networking, Ideation phase)

Entrepreneurship Programs & Incubators(Inspiration, Concept ValidationPphase)

+ University UILO Spinout Companies

Accelerators(Validation, Scale-up Phase)

Sector-SpecificAccelerators(Validation, Scale-up Phase)

Prince George

Entrepreneurship majors, Minors, MBA programs

Some Key Programs…• For Students:

– Coop and internship opportunities with startups– BCIC Innovator Skills Internship program– New Ventures BC Competition– Entrepreneurship & Incubator programs

• For Companies: – Accelerator programs– NRC IRAP & Youth Employment programs– NSERC Engage, I2I, CIHR and other commercilization stage

grants– MITACS– CRA SRED– Coop and Internship programs

Books & Resources

Books

Read, come out to startup and angel investor events, participate in workshops & programs. Find a mentor and a cofounder and Engage!

www.venturelabs.ca (Resources)

BC Startup Ecosystem - Curated Resource Directory

Next Big Thing?

Ian Hand, Managing DirectorSFU Innovation Office

[email protected]

@ianhand

Questions?