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CARIC, OAC and OCE Industry – Academic Aerospace Information Sessions January 8, 2015 – Ryerson University January 13, 2015 – Canadore College January.

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Presentation on theme: "CARIC, OAC and OCE Industry – Academic Aerospace Information Sessions January 8, 2015 – Ryerson University January 13, 2015 – Canadore College January."— Presentation transcript:

1 CARIC, OAC and OCE Industry – Academic Aerospace Information Sessions January 8, 2015 – Ryerson University January 13, 2015 – Canadore College January 15, 2015 – Carleton University

2 OCE, OAC AND CARIC PAGE 2 OAC – July 2013 Aerospace R&TD Challenge Fund ($2.5m in projects) CARIC – October/2014 Letter of understanding (CARIC/OAC/OCE) Developing opportunities to collaborate on R&D and commercialization projects in aerospace OAC leads the CARIC office in Ontario Resource employed by OCE for development of collaboration opportunities – responsible to all three organizations OCE emerging in the ITB program as a R&D/Entrepeneurship investment facilitator in the province of Ontario. Attended AIAC (Nov Ottawa) Attended IAC conference (Oct Toronto) In conversation with a number of organizations

3 PAGE 3 Drive growth through public and industry partnerships Deploy strategic thrusts in priority sectors Create a marketplace for industry to access expertise Foster student entrepreneurship Build capacity CORPORATE PRIORITIES

4 Academia Industry Government Support applied industry- academic R&D and commercialization projects Support youth entrepreneurship Advance innovation agenda Drive economic development outcomes Enable access to advanced research capabilities Enable access to highly skilled talent FOCAL POINT FOR COLLABORATION

5 Accelerate innovation through game-changing research leading to successful commercialization and vibrant collaboration between industry, academia and government OUR MISSION

6 Innovation Enabler Capital Enabler Connector Trusted Partner OUR CORE COMPETENCIES

7 ACCELERATE COMMERCIALIZATION REDUCE RISK FOR PARTNERS DUE DILIGENCE CO-INVESTMENT CUSTOMER READY INVESTOR READY OUR EXPERTISE

8 CAPITAL ENABLER

9 We bring together the key players in the innovation ecosystem. Innovation Enabler Capital Enabler Connector Trusted Partner CONNECTOR

10 Whole-of-government approach Provide our mutual clients with a single entry point to access provincial and federal funding. We work in partnership with the Government of Ontario, NSERC, IRAP and FedDev to co-fund R&D and commercialization projects, leveraging provincial and federal support to increase impact and minimize duplicati on. TRUSTED PARTNER

11 Whole-of-government approach Provide our mutual clients with a single entry point to access provincial and federal funding. We work in partnership with the Government of Ontario, NSERC, IRAP and FedDev to co-fund R&D and commercialization projects, leveraging provincial and federal support to increase impact and minimize duplication. Through this program we now add CARIC and OAC TRUSTED PARTNER

12 Advanced Manufacturing Energy and Environment ICT and Digital Medi a Advanced Health OUR FOCUS INDUSTRIES

13 INNOVATION ENABLER We enable innovation through a variety of programs Those applicable to today’s session will be outlined. page 13

14 ONTARIO CENTRES OF EXCELLENCE Ontario Centres of Excellence (OCE) was established by the Ontario government in 1987 Created to bridge the gap between industry and academia and to build partnerships between industry and universities, colleges and research hospitals Part of the Ontario Network of Entrepreneurs (ONE), a client-focused, province-wide innovation network Drives the development of Ontario’s economy by helping create new jobs, products, services, technologies and Businesses Leverages the full capacity of Ontario’s research institutions to help technology- based companies commercialize research discoveries Provides unique perspective on industry challenges/needs and relevant areas of research Leverages investments from industry and other partners Offers tailored programs that are responsive, flexible and adaptive Provides real-world job experiences Mentors and supports student entrepreneurs with a promising business idea

15 INDUSTRY – ACADEMIC R & D COLLABORATION INDUSTRY-ACADEMIC R&D COLLABORATION Collaboration Voucher Program *Voucher for Industry Association R&D Challenge (VIA) *Voucher for Innovation and Productivity (VIP I & VIP II) *Voucher for E-Business (VEB) Alberta-Ontario Innovation Program Connected Vehicle/Autonomous Vehicle Research Program (CVAV) TalentEdge * Internships *Fellowships Explore COMMERCIALIZATION Market Readiness Program *Customer Creation *Company Building AdvancingHealth Program ENTREPRENEURSHIP On-Campus Entrepreneurship Activities Campus Linked Accelerators SmartStart Seed Fund Entrepreneurship Fellowships *Martin Walmsley Fellowships *David McFadden Energy Entrepreneur Challenge High School Competition * Young Entrepreneurs, Make Your Pitch

16 INDUSTRY – ACADEMIC R & D COLLABORATION VOUCHER FOR INNOVATION AND PRODUCTIVITY VIP I – $20,000 to address technical challenges that will have a commercial impact, with a focus on export development VIP II – Between $50,000 and $75,000 annually for a business to commercialize IP developed in Ontario academic research institutions via start-ups or licensing VOUCHER FOR E-BUSINESS (VEB) Up to $2,500 for “main street” SMEs to connect with Ontario colleges to take advantage of online tools to drive e-business, market expansion and exports VOUCHER FOR INDUSTRY ASSOCIATION R&D CHALLENGE (VIA) Enables cross-sector partnerships between industry associations or consortia of companies and academia to a address R&D challenges

17 INDUSTRY – ACADEMIC R & D COLLABORATION Alberta-Ontario Innovation Program Supports cross-provincial collaborations between industry and academia to solve key industry challenges in both provinces Managed by Alberta Innovates-Technology Futures (AITF) and OCE. Industry-academic projects can also leverage existing NSERC programs Focuses on industry needs that can be tackled through R&D and have economic benefits for both provinces Connects industry to researchers who can provide innovative solutions to real-world challenges Connected Vehicle/Autonomous Vehicle Research Program (CVAV) Partners Ministry of Transportation, Ministry of Research and Innovation and OCE Invests in innovative new transportation technologies to make Ontario’s roads smarter, safer and more sustainable while improving traffic flow Brings businesses and academic institutions together to drive innovations in this rapidly moving area with a focus on projects with high commercialization potential Includes research projects on products, services and standards to reduce driver distraction; communications management; data management; connected vehicle technology and improving traffic operations and management TALENTEDGE GAINING REAL- WORLD EXPERIENCE AND APPLYING EXPERTISE TO INDUSTRY PROBLEMS TalentEdge Internship Program College and university students and recent graduates work on collaborative industry-driven projects TalentEdge Fellowship Program Ontario-based Postdoctoral Fellows (PDFs) /PhD graduates work on industry-driven research and development projects EXPLORE PROGRAM Extends CQDM’s Explore program beyond Quebec to the scientific community in Ontario Builds on OCE’s existing partnership with CQDM and the Quebec/Ontario Life Sciences Corridor Supports early-stage, unconventional and highly innovative research with the potential to strongly impact the drug discovery process. Gives priority to projects with strong potential for a disruptive impact on biopharmaceutical research

18 COMMERCIALIZATION MARKET READINESS Direct funds early-stage commercialization by start-up companies. Supports the growth of start-ups into scalable businesses. Supports companies in both the Customer Creation and Company Building stages of the Customer Development Model, as defined by the Lean Start-up principles. Market Readiness – Customer Creation Minimum $100,000 - Maximum $125,000 50% cash, 50% in-kind, OCE invests $125,000, partner must match with a minimum of $62,500 in cash and $62,500 in-kind Market Readiness – Company Building $250,000, 100% cash OCE invests $250,000, partner must match with a minimum of $250,000 in cash AdvancingHealth Program Bolsters innovation in Ontario’s public healthcare sector by matching healthcare needs with innovative products and services through partnerships between public healthcare organizations, companies and academic institutions. Advances healthcare innovation directed to improved health outcomes, enhanced patient experience and efficient use of resources through investments in collaborative demonstration projects that show clear potential for scaling-up to the system-level and establish a strong case for adoption. The overall objectives of the program are to: Enable the public healthcare sector to accelerate the adoption of emerging technologies and process improvements Engage the public healthcare community to demonstrate innovative products and services that produce better patient care, patient outcomes, patient safety and reduce costs Identifies and bridges barriers to realize sustainable and long-term adoption of innovations/ technologies in the public healthcare sector

19 We have only one agenda: Yours. Innovation Enabler Capital Enabler Connector Trusted Partner TRUSTED PARTNER

20 PAGE 20 Ottawa Office 80 Aberdeen St., Suite 100 Ottawa, Ontario, K1S 5R5 Phone: (613) Toll Free: 1 (866) London Office UWO Research Park - Convergence Centre 999 Collip Circle, Box #9, Suite 101, Room 115 London, Ontario, N6G 0J3 Phone: (519) Fax: (519) Hamilton Office McMaster Innovation Park 175 Longwood Road South, Suite 110A Hamilton, Ontario, L8P 0A1 Phone: (416) Windsor Office AUTO21 Network of Centres of Excellence 401 Sunset Avenue Windsor, Ontario, N9B 3P4 Phone: (519) x 4183 oce-ontario.org Head Office* 156 Front Street West, Suite 200 Toronto, Ontario M5J 2L6 Phone: (416) Toll Free: 1 (866) Fax: (416) Mississauga Office 2655 North Sheridan Way, Suite 250 Mississauga, Ontario L5K 2P8 Phone: (905) Phone: (416) Fax: (905) Waterloo Office 295 Hagey Boulevard, Suite 12 Waterloo, Ontario N2L 6R5 Phone: (416) Fax: (519) Markham Office 7271 Warden Avenue Markham, Ontario L3R 5X5 Phone: (905) Fax: (905) CONTACTS

21 THANK YOU


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