Enabling Building Efficiency: The NYC Urban Technology Innovation Center TIMOTHY CROSS, COLUMBIA ENGINEERING IEEE INNOVATION DAY POLYTECHNIC INSTITUTE OF NEW YORK UNIVERSITY TUESDAY, 17 MAY 2011

Background Academic Partners –Columbia University –New York University/NYU-Poly –The City University of New York New York City Economic Development Corporation Corporations (e.g., IBM, Cisco, Green Sigma Coalition) Community-based organizations and NGOs NYC URBAN TECHNOLOGY INNOVATION CENTER 2

Vision Promote building efficiency Speed path from lab to market of cutting-edge building technology Lead New York City forward in smart building technology Spur economic development through new business opportunities in urban technologies Help New York City become a leader in clean tech jobs NYC URBAN TECHNOLOGY INNOVATION CENTER 3

Core Objectives Develop technological solutions to specific urban building efficiency challenges –Research, development, demonstration, and deployment (RDD&D) of new technologies that help businesses and consumers reduce energy costs –Foster collaborative research, development, and application of new building technologies Spur intellectual property creation and tech transfer investment in building technologies, leading to increased business opportunities NYC URBAN TECHNOLOGY INNOVATION CENTER 4

Stakeholders Universities and Research Institutions Building Owners and Managers Technology Companies Venture Capital and Investment Community Entrepreneurs and Small Businesses Public Sector Other relevant parties –Foundations and Professional Associations –Engineering and Architecture Firms –Utilities NYC URBAN TECHNOLOGY INNOVATION CENTER 5

Activities Facilitate interdisciplinary research collaborations among universities and technology companies Provide opportunities for demonstration and deployment projects through test-beds in individual buildings and clusters Address non-technological factors affecting building technology, such as behavior and financing Facilitate communications and connectivity among academia, government, and the business community Develop a comprehensive building technology database NYC URBAN TECHNOLOGY INNOVATION CENTER 6

Research Matrix Operational Deployable Next Generation Commercial Residential Institutional Industrial BUILDING TYPES FOCUS AREAS NYC URBAN TECHNOLOGY INNOVATION CENTER 7

From Lab to Market Connect academic and corporate researchers to support new product development, product testing, and validation Participate in joint funding proposals to government agencies Identify opportunities for “proof-of-concept” demonstrations with building owners NYC URBAN TECHNOLOGY INNOVATION CENTER 8

Database NYC UTIC will design, build, and maintain a comprehensive building technology database Technology deployment case studies Building stock information Current research ideas and projects from the latest building technologies Map New York City building stock map to allow for comparison by building type and characteristics Database will be accessible through a Web portal NYC URBAN TECHNOLOGY INNOVATION CENTER 9

Value Proposition For universities and research institutions –Facilitate research and foster connections –Provide access to multi-university research –Foster faculty and student engagement with industrial partners For building owners and managers –Develop database of innovative technologies and research –Reduce risk by testing of new technologies –Provide up-to-date knowledge of innovation For technology companies –Provide different individual buildings and clusters as test-beds –Create opportunities for research collaborations with academia –Foster understanding of innovative technology among building owners and managers NYC URBAN TECHNOLOGY INNOVATION CENTER 10

Value Proposition For the venture capital and investment community –Connect promising new technologies with financing –Expose the investment community to technologies ready for commercialization –Help mitigate risks associated with new technologies For entrepreneurs –Professional Development –RDD&D –Technology Transfer –Business Development NYC URBAN TECHNOLOGY INNOVATION CENTER 11

Technology Transfer Increase access to new technologies for licensing and joint ventures Facilitate exploratory discussions with larger technology partners for collaborative technology business opportunities Provide guidance on intellectual property management, patent applications, and licensing agreements NYC URBAN TECHNOLOGY INNOVATION CENTER 12

Business Development Work with university partners to support technical and market research via faculty/student projects Leverage existing economic development mechanisms to provide business assistance –Small Business Development Centers (CUNY & Columbia) – Incubators (NYU-Poly & CUNY) Facilitate access to capital sources including government grants, angel funds, and venture capital NYC URBAN TECHNOLOGY INNOVATION CENTER 13

Benefits Build a critical mass of knowledge and a set of best practices in area of building innovation Position target region as a hub for technology innovation Foster knowledge among university partners and relevant stakeholders of research and innovations Encourage intellectual property development, technology transfer, and new venture creation NYC URBAN TECHNOLOGY INNOVATION CENTER 14

NYC URBAN TECHNOLOGY INNOVATION CENTER THANK YOU