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Innovation in Tech Transfer Federal Laboratory Consortium Mid-Atlantic Meeting – Rocky Gap

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Innovation in Tech Transfer Federal Laboratory Consortium Mid-Atlantic Meeting – Rocky Gap September 16, 2008. Chesapeake Crescent Initiative. Leverage the Chesapeake Crescent region- unique mixture of assets Natural resources Largest customer in world World class universities

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slide1

Innovation in Tech Transfer

Federal Laboratory Consortium Mid-Atlantic Meeting – Rocky Gap

September 16, 2008

slide2

Chesapeake Crescent

Initiative

  • Leverage the Chesapeake Crescent region- unique mixture of assets
    • Natural resources
    • Largest customer in world
    • World class universities
    • Skilled workforce
    • National policy center
    • Concentration of federal labs
  • If properly applied- a global leader in life science, energy and national security
slide3

Regional Status

  • Interview Process
  • Regional Strengths and Weaknesses
    • Strengths- concentration of R&D expertise and $$’s
    • Weaknesses- commercialization resources missing
  • Best Practices to address
slide6

Innovation in Tech Transfer

  • X-Prizes
  • Embedded Entrepreneurs in Residence
  • Rapid Prototyping
  • Tech Scouting
slide7

X-Prizes

  • Northrop Grumman Lunar Lander Challenge
  • Ultimate Fuel Economy Challenge
  • Ansari X PRIZE
  • American Security Challenge
  • DARPA Urban Challenge
slide8

Embedded E-I-R Programs

  • Carnegie Mellon University (SRI, MIT, DOE)
    • match Serial Entrepreneur with appropriate innovation
    • standardized terms (timeframe, no-shop, field of use, consideration)
    • embed Serial Entrepreneur with research team
    • complete due diligence (G2M, cap plan, etc)
    • win-win at end of term either way
slide9

Rapid Prototyping

  • Identify scope
    • Identify “pain”
    • Technology needs and requirements
    • Test data
    • Success metrics
  • Scout
    • Broadcast needs
    • Shadow scenario
    • Collect data online
  • Filter
    • Second phase screen with customer
    • Final four
slide10

Rapid Prototyping

Examples

  • Data mining and visualization
    • 45 days- found 125 companies
    • 15 days- second phase top 15
    • 15 days- bake-off with top 7
    • 60 days- prototype
  • Graph database
    • 60 days- found 55 companies
    • 30 days- second phase top 10
    • 15 days- bake-off with top 4
    • 30 days- final due diligence with no-go decision
slide12

Tech Scouting

Process

Client X

slide13

Informatics

    • data fusion
    • data mining
    • info assurance
    • visualization
    • authentication

Advanced Tech

    • C4ISR
    • hi-speed computing
    • CBRNE-WMD-IED
    • energy/power systems
    • self organizing networks

Tech Scouting

Shopping List

NOTE: FOR ILLUSTRATIVE PURPOSES ONLY, NOT TRUE REPRESENTATION

slide14

University Labs VC’s and Angels

Incubators Federal Labs

Tech Scouting

TechnologySources

NOTE: FOR ILLUSTRATIVE PURPOSES ONLY, NOT TRUE REPRESENTATION

slide15

Tech Scouting

Screening

CPA’s

Incubators

Embassies

VC’s

University Labs

Media

Fed Labs

Angels

ESQ’s

slide16

Shopping List

  • LBT
  • Biometrics
  • CBRNE
  • UAV

Tech Scouting

Process

CPA’s

Incubators

Embassies

VC’s

University Labs

Media

Fed Labs

Angels

ESQ’s

Customer

Early Stage $$

Financial or Development Status

slide17

Thank You

Roger London

Innovation Economy Program Director

Chesapeake Crescent

410-340-5335

[email protected]

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