Government Funding instruments For tech transfer The Israeli Case

1. Government Funding instruments For tech transfer The Israeli Case David Shem Tov Global R&D Incentives Practice Leader • International Conference on Managing Intellectual Property in Universities • October 30-31, 2014, Istanbul

2. The Angels law • Incubators Deloitte – Global R&D Incentive Team Define and execute incentives strategies for Deloitte’s clients R&D support • Tech transfer projects Helping investors to receive tax benefits PHILIPS TEVA, J&J etc. • Encouragement • of Capital Investments • Law • Horizon 2020 Helping companies to receive financial Support for R&D projects Universities Hospitals R&D centers Helping Clients to receive financial support for new investments SME Collaborative projects

3. Different methods For different tech transfer projects Tech-transfer strategy instruments financial planning technology diversified development consultants Tax planning IPR know-how • goals • long-term • enabling innovation • business objectives • immediate • professionals R&D 3

4. Government funding instruments For different tech transfer projects • Translate academic achievement into technologies • Basic applied research • Industry as a mentor • €90-180K • Bridge the gap between know-how within the academia to needs in the industry • Proof of concept • Industry as a mentor • €100K KAMIN NOFAR New ventures • Tech transfer via collaborative research • Industry as a partner • €650K • Tnufa €50K • New startups €5M • Incubators €400-600K Magneton 4

5. Tech transfer funding instrumentsFunding instruments available Basic applied research Proof of concept Tech Transfer R Kamin Nofar Magneton D Incubator New Company 5

6. Governmental funding instruments From proof of concept to commercialization Research conducted by Dr. Daphne Getz The Samuel Neaman Institute for National Policyresearch Technion– Israel Institute of Technology 260 submitted 2002-2010 140 projects approved Universities R&D centers Hospitals Companies

7. 36% • of the funded projects were in collaboration with multinationals

8. 63% • of the projects continue commercialization efforts after completion.

9. 11% • Continue to MAGNETON tech transfer projects

10. 11% • Continue to incubators

11. 34% • Continue in different means • i.e. establishment of new companies • collaborative research

12. Governmental funding instruments Outcomes of NOFAR program according to academia

13. 34% • of the projects funded patent was submitted

14. 25% • of the funded projects patent was filed

15. 18% • of the funded projects prototype developed

16. 28% • of the funded projects new technology was developed

17. Successful tech transfer Supportive ecosystem • IPR strategies • Relationship management • Selection of suitable funding instruments • YES! to open innovation • Cooperative • Take risks Industrial players Professional tech transfer units • Cooperative • Flexible • Understand the needs • Law firms • Consultancy firms • IP law firms Supportive funding agency Professional Consultants

18. Identify innovation • IPR strategy Tips for tech-transfer offices Using governmental funding instruments Maintain relationship Translate research results Understand the market Leverage results • Be part of the eco-system IP is costly Protect your IP Work with professionals Multi-nationals Investors Incubators Entrepreneurs • Select appropriate funding instruments • Internal funding mechanisms Incubators Contracts New ventures Internal funds Accelerator Think about your next step Make sure IP is protected

19. David Shem Tov Global R&D Incentives Practice Leader +972 (54) 948 7581 dshemtov@deloitte.co.il • Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms. • Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries, Deloitte brings world-class capabilities and deep local expertise to help clients succeed wherever they operate. Deloitte has in the region of 200,000 professionals, all committed to becoming the standard of excellence. • This publication contains general information only, and none of Deloitte Touche Tohmatsu Limited, its member firms, or their related entities (collectively, the “Deloitte Network”) is, by means of this publication, rendering professional advice or services. Before making any decision or taking any action that may affect your finances or your business, you should consult a qualified professional.

20. David Shem Tov Short bio David Shem Tov has over 15 years of experience in the field of open-innovation and entrepreneurship. He has a broad experience in initiation and management of innovation based ventures including start-ups, global open-innovation consortia and tech transfer projects. David established the Global R&D Incentive Practice at Deloitte Israel. He provides his clients with know-how and advice in order to implement their R&D plans and growth strategies through different kinds of governmental incentives programs. Before that, David managed a professional team at the Technion – Israel Institute of Technology that was responsible for about 400 FP contracts valued at M130 € and hundreds of national tech-transfer projects . Mr. Shem-Tov also worked for a couple of start-ups in Israel including Bpath and Camelot Information Systems. • His next challenge will be as the CEO of the Technion's Accelerator. Mr. Shem-Tov holds a M.Sc. in International Management from Gothenburg School of Economics & Commercial Law, Gothenburg Univ. (Sweden).