Catalyzing Commercialization at - PowerPoint Presentation

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Catalyzing Commercialization at the National Science FoundationRajesh MehtaProgram Director, SBIR/STTRDivision of Industrial Innovation & PartnershipsDirectorate of Engineeringrmehta@nsf.gov

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NSF is primarily focused on funding basic research in science and engineeringDivision of Industrial Innovation and Partnerships, within the Engineering Directorate, is responsible for the agency’s innovation & commercialization efforts.National Science Foundation?$BFY

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Total IIP FY16 Budget Request $248MSBIR/STTR Program $194MAcademic Programs $54MI-Corps and I/UCRC Programs receive additional funding from other DirectoratesIIP FY16 Budget RequestTotal FY16 NSF Research & Related Activities Budget Request: $6.2B

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ENG Organization5Emerging Frontiers in Research and Innovation(EFRI)Chemical, Bioengineering,Environmental, and Transport Systems(CBET)Civil, Mechanical, and ManufacturingInnovation(CMMI)

Electrical,

Communications,

and Cyber

Systems

(ECCS

)

Engineering

Education and

Centers

(EEC

)

Industrial

Innovation and

Partnerships

(IIP)

Barry Johnson

Office of the Assistant Director

Pramod

Khargonekar

Deputy Assistant

Director

Grace Wang

Senior Advisor for

Nanotechnology

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Industrial Innovation and Partnerships(IIP)6

Grant Opportunities for

Academic Liaison

with Industry (GOALI)

Donald

Senich

Division Director

Barry Johnson

Industry/University

Cooperative Research

Centers (I/UCRC)

R. Montelli

Partnerships for Innovation:

Accelerating Innovation

Research (PFI-AIR)

Barbara Kenny

Advanced Material & Instrumentation (MI)

Ben Schrag

Program Support

Manager

Mary Konjevoda

Partnerships

for Innovation:

Building Innovation Capacity

(PFI-BIC)

Sara

Nerlove

Senior Advisor, SBIR/STTR

Joe Hennessey

Senior Advisor, OSDBU

Donald Senich

Program Specialist

Alexandria Hale

Program Specialist

Caroline Hayer

Program Specialist

vacant

Semiconductors (S) & Photonic (PH) Devices and Materials

Steven Konsek

Advanced Material & Nanotechnology (MN)

Rajesh Mehta

Information and Communication Technologies (IC)

Peter Atherton

Electronic Hardware, Robotics and Wireless Technologies (EW)

Murali Nair

Chemical

&

Environmental Technologies (CT)

Prakash Balan

Biological

Technologies (BC)

Ruth Shuman

Smart Health (SH) and Biomedical (BM) Technologies

Jesus Soriano

Education Applications

& Technologies(EA)

Glenn Larsen

Experts/Special Topics

George Vermont

Operations Specialist

Greg Misiorek

Innovation Corps (I-Corps)

Babu DasGupta

Academic Cluster

Babu DasGupta

Deputy Division

Director

Gracie Narcho

Analyst

Lindsay D’Ambrosio

Contract Staff

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IIP’s Vision & MissionVision Driving the expansion of our nation’s innovation capacityMission Catalyzing the transformation of discovery into societal benefits through partnershipsPromoting learning environments for innovatorshttp://www.nsf.gov/div/index.jsp?org=IIP

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What is Innovation Capacity?March 27, 20158LineageLeverageDiversity & Education

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Catalyzing Commercialization9

Investors

Industry

NSF overall

GOALI

STTR

PFI

ERC

I/UCRC

SBIR

STC

Resources

Invested

Discovery

Development

Commercialization

Foundations

Valley of Death

I-Corps

Universities

Small

Businesses

“Ditch of Death”

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Grants Opportunities for Academic Liaison with Industry (GOALI) GoalTo promote university-industry partnerships by providing project funds or fellowships/traineeships to support an eclectic mix of industry-university linkages Three mechanismsFaculty and students go to industryIndustrial scientist and/or engineer go to the university Industry-University Collaborative Research Projects10Co-funding opportunities for academic proposals http://www.nsf.gov/funding/pgm_summ.jsp?pims_id=504699&org=IIP&sel_org=IIP&from=fund

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Industry/University Cooperative Research Centers (I/UCRC) GoalsDevelop long-term partnerships among industry, academe and governmentLeverage NSF funds with industry to support graduate students performing industrially relevant research 70+ active centers (172 sites)http://www.nsf.gov/eng/iip/iucrc/index.jsp 11Funding opportunity for academic institutions

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12Enable Discoveries and Innovations Through University-Industry PartnershipsCenter catalyzed by a small investment from NSFNSF takes a supportive role throughout the life of the centerAn I/UCRC is primarily funded by industry members, other federal agencies & other organizationsSingle or multi-universityI/UCRCs work like a research “franchise” with operational guidelines and evaluation tools

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Partnerships for Innovation (PFI) GoalTo stimulate the transformation and translation of knowledge into market-accepted innovations and commercial reality Two sub-programs Building Innovation Capacity (BIC) Accelerating Innovation Research (AIR)13Funding opportunity for academic institutionshttp://www.nsf.gov/eng/iip/pfi/index.jsp

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Building Innovation Capacity (BIC)Transform knowledge into market-accepted innovations and develop the next generation of entrepreneurs (students and post-docs) Academic lead with at least 1 industry partnerAn interdisciplinary approach including at least: engineering; computer science; and social, behavioral, and/or cognitive science Current Topic: Platform technologies that enable "smart" service systems Up to $800K per award for 3 years14http://www.nsf.gov/eng/iip/pfi/bic.jsp

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PFI:BIC – Smart Service SystemsMarch 27, 201515

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Partnerships for Innovation: Accelerating Innovation Research (PFI:AIR) − Technology Translation (NSF 13-575)Goals, Eligibility & Funding Goal: Accelerate the translation of technologically-promising NSF-funded research discoveries toward commercial reality.Engage students and faculty in entrepreneurial/innovative thinking.Eligibility:Lineage to an NSF Research Award.<6 years since end of underlying NSF research award.PI is a faculty member at U.S. academic institution.Co-PI has business experience (required).Funding:Up to $200,000 for up to 18 months.Proposal Submission RequirementsIdentification of the technology gap to be filled, research needs and tasks, and the output.Overview of lineage (NSF research award) of proposed technology.

Preliminary patent search and IP discussion.

Preliminary market study and discussion of competitive advantage.

Commercialization strategy beyond the duration of the award.

Plan for student experiences in entrepreneurial and innovation activities.

Project Output Requirements

Development and demonstration of a

proof-of-concept

,

prototype

, or

scale-up design

that addresses real-world constraints and market-valued solutions.

Technology Translation plan for

prototype

/

scale-up.

Presentation of

prototype

or

scale-up

projects at an NSF technology showcase meeting.

Contact Information

ENG/IIP: Barbara Kenny, 703-292-4667

bkenny@nsf.gov

Donald

Senich

, 703-292-7082

dsenich@nsf.gov

http://www.nsf.gov/eng/iip/pfi/air-tt.jsp

Research

Proof-of-

Concept

Commercialization

Product Development

Early Stage

Prototype

Resources Invested

University

Small Business

Investors

Industry

Foundations

Innovation Spectrum

Translational Research

Valley of Death

NSF overall

GOALI

I /UCRC

PFI: BIC

ERC

SBIR\STTR

STC

PFI: Air:

tt

PFI: air:

ra

ENG overall

I-Corps

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Partnerships for Innovation: Accelerating Innovation Research (PFI:AIR) − Research Alliance (NSF 13-591)OverviewGoals: Leverage NSF investments in research alliances to accelerate the translation and transfer of research discoveries into commercial realities.Catalyze an academic-based innovation ecosystem.Engage students and faculty in entrepreneurial/innovative thinking.Funding:Up to $800,000 for up to 3 years (requires 1:1 third party match; 25% can be “in-kind”).Post-Award:3rd yr. funding contingent on positive 18 month review including 3rd party investor(s) & research partner(s).Proposal RequirementsPI is a faculty member active within an NSF-funded Research Alliance.A “Research Alliance” includes centers and other multi-institutional NSF-funded consortia.Research Alliance must be current or within 3 years of NSF support.Research partner(s) and 3rd

party investor(s) required.Work proposed must leverage the core mission of the NSF-funded Research Alliance

Must develop an assessment plan and corresponding metrics

Expected Accomplishments

Translation and transfer of research results / innovative technologies into new start-ups or existing firms.

Development of a sustainable academic-based innovation ecosystem

.

Students who understand innovation and technology translation.

Contact Information

ENG/IIP: Barbara Kenny, 703-292-4667

bkenny@nsf.gov

Donald

Senich

, 703-292-7082

dsenich@nsf.gov

http://www.nsf.gov/eng/iip/pfi/air-ra.jsp

Research

Proof-of-

Concept

Commercialization

Product Development

Early Stage

Prototype

Resources Invested

University

Small Business

Investors

Industry

Foundations

Innovation Spectrum

Translational Research

Valley of Death

NSF overall

GOALI

I /UCRC

PFI: BIC

ERC

SBIR\STTR

STC

PFI: Air:

tt

PFI: air:

ra

ENG overall

I-Corps

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AAccelerating Innovation Research Research Alliance PartnershipsFaculty & Staff Expertise

Knowledgeable Students

Does the partnership enable innovation that neither party could do as well or rapidly alone?

Does the partnership leverage research and technology of the research alliance to accelerate innovation?

Partnership

Does the partnership impact the development of an innovation ecosystem?

Partner/Collaboration Entities

Expected Accomplishments

Enables start-up business or transfer of research results/technologies into existing businesses

Develops network of connections

Develops an innovation ecosystem

Enables creation of jobs

Students prepared to be entrepreneurially competitive

Research Alliance

Research Entity, Small Business Consortia, Others

Third Party Investor(s): NSF match up to $800K commitment (1:1)

NSF Funded Center

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Research Advances

New Technology

Innovative Ideas

Industrial Innovation & Partnerships

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Innovation Corps (I-Corps) To catalyze the translation of fundamental research into economic/societal benefitsLeverages NSF-lineage of underlying research Small grants to focus on creating a commercialization roadmapProvide training to potential entrepreneurs 19Invest in academic institutionshttp://www.nsf.gov/news/special_reports/i-corps/index.jsp

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National Innovation Ecosystem I-Corps Teamsoffer the technical, entrepreneurial, and business know-how to launch technological innovations. I-Corps Nodesprovide the education and infrastructure to serve the teams and regional innovation. I-Corps Siteslocal academic institutions catalyze teams whose technology concepts are candidates for commercialization. Modeled after the I-Corps Team and I-Corps Curriculum.http://www.nsf.gov/news/special_reports/i-corps/components.jsp

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I-Corps NodesI-Corps Sites I-Corps Teams I-Corps Mentors

Building the Nation’s I-Corps “Fabric

”

March 27, 2015

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Features of I-Corps Program Quick assessment Rolling process, Quarterly batches Team effort PI + Entrepreneur Lead + Mentor Curriculum-focused Based on lean startup approach

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NSF I-CorpsMarch 27, 201523Pool of eligible PIs & projects: ~50,000 projects (NSF)Recruiting processes (NSF)

Pool of

eligible

Teams

(NSF)

Team

Selection

(NSF

)

Node Assignment

(NSF)

Awarded I-Corps Teams

(NSF)

Curriculum Delivery & Refinement

(Nodes)

Customer Discovery

(Teams/Nodes)

Business Model Canvasses

(Teams)

“Go”

Decision

(Teams)

“No-Go”

Decision

(Teams)

Resource Infusion

Pool of

eligible

Teams

(I-Corps Sites)

Strategic

Partnership

Private

Capitalization

Public Funding

(e.g., SBIR, STIR, ….

)

Private Sector

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NSF SBIR/STTR ProgramsWe Invest in For-profit Small Businesses To Catalyze Innovation Through Technology Commercializationhttp://www.nsf.gov/eng/iip/sbir/ http://www.nsf.gov/eng/iip/sttr/

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NSF SBIR 60k-foot view25What we fund:High technical risk R&D (unproven, early-stage) for the purpose of feasibility/ viability of a new product, process or serviceValidated market need and high commercialization potential if the R&D worksAlmost zero topical focus/restrictionHow we fund:R&D grants to small businesses (mostly start-ups)Proposal-driven external merit review process (technical + commercial focus)Phase I ($150k/$225k), Phase II ($750k), plus supplemental opps (> $500k)Who we fund:86% of awardees have 10 or fewer employees90% of awardee companies were incorporated within the past 5 years73% of awardees had never had a prior Phase II award from any agencySeveral

dozen Phase I awardees each year are incorporated based on our Phase I funding

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NSF’s SBIR ProgramSeeks to fund transformational, game-changing technologyEarly stage platformsFunds Technical R&D only | Strong focus on commercializationEncourages ties to Private sector | Seeks to have broad societal impactIndustrial Innovation & Partnerships – Small Business Partnershipswww.nsf.gov/eng/iip/sbir/26

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InnovationsTechnology DevelopmentBusinessDevelopmentSeed Funding

Revenue growth

NSF

SBIR/STTR

Bridge the “Valley of Death”

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Portfolio Areas

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Award InformationSBIR:2/3 of the work must be done by the small businessBalance of work may be done by othersSTTR :Minimum of 40% of research done by the small businessMinimum of 30% of research done by research institution.Industrial Innovation & Partnerships30

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Top Reasons to Seek SBIR FundingProvides funding for technologies on a path toward commercializationProvides “pre-seed” funding to demonstrate proof-of-conceptNot a loan/no repaymentProvides validation, recognition, visibilityMay be leveraged to attract investment/partnershipsAllows small business to retain IPValues/encourages/facilitates partnerships, which enable successIndustrial Innovation & Partnerships – Small Business Partnerships31

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Questions?Contact Information:Rajesh Mehta, PhD, MPD  Program Director, SBIR/STTR Division of Industrial Innovation and PartnershipsNational Science FoundationOffice: (703) 292-2174 Email: rmehta@nsf.govFollow NSF SBIR on Twitter @NSFInnovateSBIR Visit our You Tube Channel: http://www.youtube.com/user/NSFInnovationIIP Listserv: send blank email to INNOVATION-SUBSCRIBE-REQUEST@listserv.nsf.gov