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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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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

    • Skilled workforce

    • National policy center

    • Concentration of federal labs

  • If properly applied- a global leader in life science, energy and national security


Regional Status

  • Interview Process

  • Regional Strengths and Weaknesses

    • Strengths- concentration of R&D expertise and $$’s

    • Weaknesses- commercialization resources missing

  • Best Practices to address




Innovation in Tech Transfer

  • X-Prizes

  • Embedded Entrepreneurs in Residence

  • Rapid Prototyping

  • Tech Scouting


X-Prizes

  • Northrop Grumman Lunar Lander Challenge

  • Ultimate Fuel Economy Challenge

  • Ansari X PRIZE

  • American Security Challenge

  • DARPA Urban Challenge


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


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


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


Tech Scouting

Clients


Tech Scouting

Process

Client X


  • 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


University Labs VC’s and Angels

Incubators Federal Labs

Tech Scouting

TechnologySources

NOTE: FOR ILLUSTRATIVE PURPOSES ONLY, NOT TRUE REPRESENTATION


Tech Scouting

Screening

CPA’s

Incubators

Embassies

VC’s

University Labs

Media

Fed Labs

Angels

ESQ’s


Tech Scouting

Process

CPA’s

Incubators

Embassies

VC’s

University Labs

Media

Fed Labs

Angels

ESQ’s

Customer

Early Stage $$

Financial or Development Status


Thank You

Roger London

Innovation Economy Program Director

Chesapeake Crescent

410-340-5335

RLondonMD@gmail.com


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