Research & Innovation Enterprise Ireland’s R & I policy driven by Government Strategy.

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Research & Innovation

Enterprise Ireland’s R & I policy driven by Government Strategy

World Class Research

Capturing, Protecting and

Commercialising Ideas

and Knowhow

R & D for Enterprise, Innovation and Growth

Strategy for Science, Technologyand Innovation

Enterprise Ireland works closely with

Enterprise Ireland Strategy 2008-2010- Increasing Irish Innovation

Effective Industry Engagement with Third Level ResourceEffective Industry Engagement with Third Level Resource

Dramatically Increase R&D Activity in Irish CompaniesDramatically Increase R&D Activity in Irish Companies

Realising the Commercial Potential of Ireland’s Research CommunityRealising the Commercial Potential of Ireland’s Research Community

Working with the Research Communityto Increase Irish Innovation

Effective Industry Engagement with Third Level ResourceEffective Industry Engagement with Third Level Resource

Dramatically Increase R&D Activity in Irish CompaniesDramatically Increase R&D Activity in Irish Companies

Realising the Commercial Potential of Ireland’s Research CommunityRealising the Commercial Potential of Ireland’s Research Community

Nobel Prize goes to "European Inventor of the Year"

                                                                                          

EPO President Alain Pompidou and Günther Verheugen, Vice President of the European Commission,

congratulate Peter Grünberg on winning the European Inventor of the Year prize on 3 May 2006. The Nobel Committee has awarded this year's Nobel Prize (2007) in physics

to Peter GrünbergThe giant magnetoresistance (GMR) effect led to the breakthrough in

gigabyte hard drives used in every computer produced today

Commercialisation Fund

Applied Research Enhancement

Technology Transfer Strengthening Initiative

Client Teams – Commercialisation Specialists in Life Sciences & Food ICT Industrial Technologies

Realising the Commercial Potential of Ireland’s Research Community

Effective Industry Engagement with Third Level Resource

Innovation Partnerships

Innovation Vouchers

Campus Incubators

Competence Centres

Industry-Led Research Programmes

Realising the Commercial Potential of Ireland’s Research Community

Commercialisation Fund

Applied Research Enhancement

Technology Transfer Strengthening Initiative

Client Teams – Commercialisation Specialists in Life Sciences & Food ICT Industrial Technologies

Commercialisation Fund

Technology DevelopmentTechnology Development Comms PlusComms PlusProof ofConceptProof ofConcept

- provides support for the commercialisation of research from third-level institutions through three programmes:

YEARSYEARS

BenchBench MarketMarket

Note: This is a linear model, however, the Commercialisation Fund is a flexible mechanism; projects can enter at any stage of the process.

€50,000 €100,000 per project€50,000 €100,000 per project

12 months duration12 months duration

Staff on contract welcome to applyStaff on contract welcome to apply

3 Calls for Proposals per year3 Calls for Proposals per year

2 Month turnaround time on evaluations2 Month turnaround time on evaluations

- aims to support academic researchers to explore innovative scientific concepts with commercial potential

We seek concepts that demonstrate:

A unique approach over existing alternativesA unique approach over existing alternatives

An ability to address a significant customer/end-user needAn ability to address a significant customer/end-user need

The potential to positively impact the Irish economyThe potential to positively impact the Irish economy

What problem does your concept address?

What are the current approaches to address the problem?

Describe your proposed solution to the problem.

Why is your concept better than these?

What supporting evidence can you provide that your concept has a commercial application?

Can your team successfully deliver this project?

Supports research in areas of technology of medium term interest

to industry in Ireland

Technology Development

The research should lead to technologies, products or processes

that can;

provide the basis of new businesses in Ireland or

can improve the competitiveness of industry in Ireland through licensing agreements.

Technology Development

€100,000 €400,000 per project€100,000 €400,000 per project

18 - 36 months duration18 - 36 months duration

Staff on contract welcome to applyStaff on contract welcome to apply

3 Calls for Proposals per year3 Calls for Proposals per year

2 Month turnaround time on evaluations2 Month turnaround time on evaluations

Technology Development

What are the current approaches to address the problem?What are the current approaches to address the problem?

What problem does your concept address?What problem does your concept address?

Can your team successful deliver this project?Can your team successful deliver this project?

Describe your proposed solution to the problem.Describe your proposed solution to the problem.

Why is your concept better than these?Why is your concept better than these?

Describe the commercial potential of the project output?

Describe the markets and customers where you think your technology will have the strongest commercial potential?

Discuss the industry relationships you plan to forge, or have already developed.

Describe the status of the technology in terms of intellectual property rights.

Technology Development

Commercialisation Fund

Since 2003

Funding Projects

Proof of Concept

Technology Development

487

204

691

€41.1M

€74.3M

€115M

*Success rate on resubmissions 50 - 75%

Commercialisation Fund

Success Rates

Proof of Concept

Technology Development

36%*

46%

0

10

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30

40

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UCC TCD UCD NUIG UL DCU DIT NUIM WIT RCSI CIT Other

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Proof of ConceptUL - 53 projects approved since 2003

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12

Spring 2006 Winter 2006 Spring 2007 Summer2007

Winter 2007 Spring 2008 Summer2008

Winter 2008

# P

rop

osa

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0

10

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% S

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Submissions Approvals Success Rate

Technology DevelopmentUL – Submissions Vs Approvals

Commercialisation Fund

Next Submission Deadline Wed 14th January 2009

Approval Committee – PoC March 2009

Approval Committee – TD March 2009

Lisa KeatingProgramme Manager, Commercialisation Fund

808 2707

Lisa.keating@enterprise-ireland.com

Mark WhelanCommercialisation Specialist, ICT & Industrial Technologies

mark.whelan@enterprise-ireland.com

James WalshCommercialisation Specialist, Life Sciences & Food

James.Walsh@enterprise-ireland.com