Post on 14-Jul-2015
INNOVATION ECO-SYSTEM
PUBLIC FUNDING- GRANTS
GDP BY ECONOMIC ACTIVITIESBASE
CHALLENGES
1) Policies & Initiatives2) Institutions3) Infrastructures &
Incentives4) Investments
1) Talents2) Partnerships3) Priority Sector4) Proficiency5) Performance
1) Agriculture ( %)2) Mining & Quarrying ( %)3) Manufacturing ( %)4) Construction ( %)5) Services ( %)
i. Utilitiesii. Wholesales & Retail
Tradeiii. Accommodations &
Restaurantiv. Transport & Storagev. Communications vi. Finance & Insurancevii.Real Estateviii.Business Servicesix. Government Servicesx. Other Services
NATIONAL PRIORITY AREAS
1) Food Security2) Energy Security3) Plantation Crops4) Cyber Security5) Water Security6) Bio Diversity7) Healthcare and Medical8) Environment & Climate
Change9) Transportation & Mobility
1) Science Fund
2) TechnoFund3) Mdec PCF4) MTDC CRDF5) Biotech Corp6) FRGS7) ERGS8) LRGS9) PRGS10) CRADLE
CATALYST11) CRADLE
CIP500
COUNTRY’S FUNDING AND COMMERCIALIZATION CHALLENGES
1) Foreign Direct Investment
2) Domestic Direct Investment
3) Talent Growth & Technology Transfer
4) Output of Adaptive Talent
5) Creation of Innovative Culture
6) New Wealth Creation 7) Excellence in Industry
Niches
a. Nomenclature: standardize key definition & metrics across fundsb. Funding Instruments: niche, accountability, private sector participationc. Process Optimization: instill a culture of optimization that is disciplined
and proactive, actively create and efficient disbursement processd. Linkage: instill collaborations within innovation eco system fostering (a)
idea generation & development (b) capability enhancement (c ) access to infrastructure (d) commercialization
e. Performance Management : consistently measure, monitor, manage performance to improve impacts
NIS BENEFITS
PUBLIC FUNDING- EQUITY (Venture Capitals & Pes )1) AIM2) MAVCAP3) KMP4) MTDC5) MAVCAP OUTSOUCE
PARTNERS
GERD; K-WORKERS; ROI ; SPUR WC; INNOVATION LVLSTREAMLINE, SYNERGIES, ALIGNMENT TO NPA