ONTARIO CENTRES OF EXCELLENCE

Briefing for the York Boot Camp

July 19, 2012

Ontario Centres of Excellence

• Individual Centres established starting in 1987 by the Ontario government focused on: telecomunications; information technology; materials; manufacuturing; space and terrestrial applications; photonics; and groundwater.

• In 2005 the Centres were merged into a single entity, Ontario Centres of Excellence Inc. and the Centre for Energy was added with new segregated provincial funding.

• In 2008 OCE added a Centre for Commercialization of Research with federal funds.

• In FY 2010 (ending March 31, 2010) OCE: – invested $25.8 million in 503 projects that attracted $40.1 million invested by industry

partners.– Worked with 40 academic institutions and connected researchers with 757 companies– Helped create 20 new start up companies that attracted a further $113 million in follow

on investment

OCE History

Ontario Centres of Excellence

Industry Driven

To work with industry and academia to develop IP to be exploited by industry to create jobs and economic activity in Ontario.

Mandate

Commercialization

Fundamental / Pure Research

Government Research Funding

Angel Investors

Venture Capital

IPO / Other

Banks

Applied Research

Technology & Product

Development

Commercial Demonstration and Initial Operations

Market Entry & Volume

Production

Industry

Ontario Centres of Excellence ProgramsIACP CCR

Stages of Commercialization of Innovation

Sources of Finance

Collaborative Commercialization

• Technical Problem Solving

• Collaborative Research

• Market Readiness

OCE Programs

Talent

• Connections

• First Job

Technical Transfer Partnerships

• Technical Transfer Networks

• Proof Of Principle

• CONII

• Knowledge Exchange

Commercialization of Research

• Advisory Services

• Embedded Executive

• New Entrepreneur – Micro Finance

• Facilitated Access to Capital

Industry Academic Collaborative Programs (IACP)Centre for

Commercializationof Research (CCR)

OCE programs funded by the Province of Ontario to Colleges, Universities and

Research Hospitals

OCE programs funded by the Government of

Canada to companies

OCE’s 9 Evaluation Criteria

1. Relevance – to Ontario or OCE objectives

2. Novelty – is the science/techology unique and potentially disruptive

3. Risk Management – dealing with science, business, environmental risk

4. The Plan – is the plan “SMART”

5. Resources and Budget – physical and human resources (track record)

6. Industry Capacity and Commitment – team expertise & collaboration

7. Education & Training – development of the next generation of innovators

8. Commercialization – strategy for IP management & market impact

9. Economic and other Benefits – to the partner/sector/province

Proposal Assessment

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Proposal Evaluation

1. Business Development Services2. EOI and Proposal Review Services3. Project Development Services4. Contracting Services5. Project Management Services6. Outcome Management Services7. Commercialization Services8. Talent Development Services9. Communication Services10. Marketing and Event Services

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OCE’s Innovation Services

ONTARIO CENTRES OF EXCELLENCE

Thank you…

www.oce-ontario.org