FedDev Projects Information Session Centre for Creative Communications and Applied Research and Innovation Centre February 24, 2011 Katherine Arima Industry.

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Presentation transcript:

FedDev Projects Information Session Centre for Creative Communications and Applied Research and Innovation Centre February 24, 2011 Katherine Arima Industry Partnerships Manager ext 8172

Topics  Business Challenges  Call for Solutions  FedDev Projects  Call for Proposals – Application Steps  Targets and Results  Questions

Business Challenges What are the top business challenges in your industry? Funding in a slow economy Fast-paced competition New customer expectations New technologies Global markets

Call for Solutions Your plan to make your business more competitive and successful could be: Try out a new product or process by a pilot or ‘proof of concept’ Test new and enhanced offerings Design and develop new technologies Apply research to problem solving.

FedDev Projects FedDev* projects speak to those solutions. FedDev projects emphasize Innovation and business growth Increased productivity Results that make you market ready and more competitive Collaboration through industry-college partnerships. *

FedDev Projects for Small & Medium Enterprises Centennial College’s Applied Research and Innovation Centre (ARIC) received $525K from a FedDev initiative* to Collaborate on ten pre-commercialization projects in partnership with Ontario Small and Medium Enterprises (SMEs) Match SMEs technology design/development needs with Centennial’s applied research expertise Accelerate innovation and improve productivity and competitiveness in Ontario SMEs. * FedDev’s Applied Research and Commercialization Initiative

FedDev Projects for SMEs FedDev projects support companies With under 1,000 employees in Canada Registered in Southern Ontario Active in any of three industry sectors Animation and gaming – Wireless technologies and mobile apps – Green energy.

FedDev Projects for Animation and Gaming Project proposals in “animation and gaming” include Children’s media Multi-media platforms Interactive, creative, technology and social entrepreneurs.

10 FedDev Projects – Valued at $75K Each Centennial contributes $50K to each project in Faculty and students to work ‘hands on’ with your team Applied research know-how for innovative solutions Labs and facilities to design, develop and test products and processes Materials and supplies Consulting and professional fees as required. Your business invests $25K in the project in Time and materials, with dedicated staff to co-perform the project (in-kind contributions) and/or cash.

Call for Proposals – Application Steps Start 1 Define a Collaboration Project 2.0 Submit completed Project Proposal Form obtained from ARIC 3 Assess Project Proposal 4 Complete Mutual Non-Disclosure Agreement Form obtained from ARIC 6 Submit completed Collaboration Project Agreement Form obtained from ARIC 7 Obtain sign-offs for Collaboration Project Agreement 5 Obtain approval for FedDev Environmental Questionnaire 8 Approve College funding component for project 9 Proceed to project execution Go No Go 2 Submit completed Project Proposal Form obtained from ARIC End InInI innInInI inn Investigate other options Collaboration Project Agreement contents: Terms and conditions of the project, statement of work, project funding, obligations of the College and business partner, IP management, communications and legal compliance. Project Leads Business and College Project Manager ARIC

Targets and Results Key dates March 31, 2011 Collaboration Project Agreement signed March 31, 2012 Project completed. Reporting deliverables Project tracking reports – Monthly progress reports and cost claims submitted by Centennial, including in-kind costs with your input Final report 60 days after project completion written jointly with Centennial.

Targets and Results Your business will own All new Intellectual Property created during the project All project materials and documentation. Critical success factors for the FedDev opportunity Innovation – results confirming the top driver is the industry-college partnership Productivity – deliverables that enable faster market penetration for your business with more competitive products, processes and/or services Applied research – value-add contributed by Centennial’s faculty and students.

Questions