April 27, 2010 Intellectual Property Monetization in the Global Economy.

13
April 27, 2010 Intellectual Property Monetization in the Global Economy

Transcript of April 27, 2010 Intellectual Property Monetization in the Global Economy.

April 27, 2010April 27, 2010

Intellectual Property Monetization in the Global Economy

2

Invention Bridge Accelerates Entrepreneurship in the Midwest by Bridging the R&D Valley of DeathInvention Bridge Accelerates Entrepreneurship in the Midwest by Bridging the R&D Valley of Death

Labs & Universities:Innovation Consulting Services Entrepreneurs-In-Residence &

MBA Apprentices Hands-on R&D commercialization

consulting Executive mentoring for young

entrepreneurs Market validation for

inventions, better hit rate for licenses and spin-offs

Labs & Universities:Innovation Consulting Services Entrepreneurs-In-Residence &

MBA Apprentices Hands-on R&D commercialization

consulting Executive mentoring for young

entrepreneurs Market validation for

inventions, better hit rate for licenses and spin-offs

Venture Capitalists & Corporations:

Matching Start-ups to Seed Capital & Licensing Partners

Representing a Consortium of Investors & Corporations Custom deal sourcing, guided access, and early look for participating investors De-risked deal flow and access to labs and universities

Venture Capitalists & Corporations:

Matching Start-ups to Seed Capital & Licensing Partners

Representing a Consortium of Investors & Corporations Custom deal sourcing, guided access, and early look for participating investors De-risked deal flow and access to labs and universities

Amplify the Midwest innovation ecosystem with business services, investment capital and collaboration

3

Invention Bridge Applies a Disciplined Technology Evaluation Process…Invention Bridge Applies a Disciplined Technology Evaluation Process…

4

…Ultimately Recommending Actionable Strategy Between Spinouts vs. Licensing…Ultimately Recommending Actionable Strategy Between Spinouts vs. Licensing

vs.

5

Invention Bridge Manages a Number of Consortia to Help Commercialize Energy Research

Invention Bridge Manages a Number of Consortia to Help Commercialize Energy Research

Chicago Clean Energy Trust Private capital supporting energy start-ups

GLASER Attracting energy R&D funding to labs in Midwest

Argonne EIR Program (AVAC) Staffing an entrepreneur on-site at Argonne to

spin-out DOE-funded technologies

Chicago Clean Energy Trust Private capital supporting energy start-ups

GLASER Attracting energy R&D funding to labs in Midwest

Argonne EIR Program (AVAC) Staffing an entrepreneur on-site at Argonne to

spin-out DOE-funded technologies

6

Clean Energy Trust – Mission and Purpose

• Mission: To accelerate the growth of a clean energy economy in the State of Illinois

• Visiono Clean energy will define the future. Regions with industrial

strength in this sector will be the most competitive and have the highest quality of life for their citizens. Illinois can be a global leader in clean energy.

• Purpose: o Facilitate new companies and expansion of existing

businesses in the sector• Desired Outcomes

o New businesses that will produce long term job growtho New clean energy-friendly business environment and policy

7

Founding Board

• Michael Polsky, Invenergy• Nick Pritzker, Hyatt Corporation• Paula Crown, Henry Crown & Company• Richard Sandor, Chicago Climate Exchange• Tim Schwertfeger, ex-Nuveen• Antonio Gracias, Valor Capital

Civic leaders and business professionals with a passion for Illinois and clean energy

8

Offerings

• Business Serviceso Jungle guides for clean energy businesseso Online Clean Energy Clearing Houseo Business Plan Contest – November 2010

• Financial Assistanceo Grants, loans, equity in evergreen financial vehicleo Invest alongside partners: VC’s, foundations, government

• Advocacyo Partner with Chicago Chamber and Environmental Law and

Policy Centero Encourage legislation that nurtures the growth of a clean energy

economy

9

GLASER: Great Lakes Alliance for Sustainable Energy Research

GLASER: Great Lakes Alliance for Sustainable Energy Research

www.glaserenergy.org

10

Purpose of GLASER:Catalyze the Midwest Clean Energy EcosystemPurpose of GLASER:Catalyze the Midwest Clean Energy Ecosystem

Cross-disciplinary R&D: Leverage the expertise and resources of universities and private researchers, industry, and national laboratories to support novel research areas not served by the private sector.

Accelerate Translation to Market: Partner with industry, local governments, and investors to expedite the transfer of innovative clean energy technologies into the marketplace.

Create Jobs: Promote regional economic development by leveraging existing and cultivating new clean energy technology clusters.

Outreach and Education: Harness the Midwest’s vast extension learning infrastructure to assist communities with the adoption of clean energy technologies and energy efficient practices.

Cross-disciplinary R&D: Leverage the expertise and resources of universities and private researchers, industry, and national laboratories to support novel research areas not served by the private sector.

Accelerate Translation to Market: Partner with industry, local governments, and investors to expedite the transfer of innovative clean energy technologies into the marketplace.

Create Jobs: Promote regional economic development by leveraging existing and cultivating new clean energy technology clusters.

Outreach and Education: Harness the Midwest’s vast extension learning infrastructure to assist communities with the adoption of clean energy technologies and energy efficient practices.

11

Technical Areas of FocusTechnical Areas of Focus Next Generation Transportation: Develop batteries, drive trains, biofuels

and fuel cells and supporting infrastructure – charging stations and enhanced smart-grid architecture. Speed these technologies to market by leveraging the Great Lake’s vast manufacturing assets and skilled workforce.

Power Generation & Storage: New and existing clean forms of energy, including nuclear, solar, wind, bio fuels and clean coal, will be discovered or improved, and fundamental advances will be made in how we distribute and store energy.

Energy Efficiency, Education & Outreach: The Great Lakes region is home to some of America’s oldest and most respected land-grant universities. GLASER members are perfectly suited to educate the region about energy conservation and facilitate the transition to a clean energy economy.

Next Generation Transportation: Develop batteries, drive trains, biofuels and fuel cells and supporting infrastructure – charging stations and enhanced smart-grid architecture. Speed these technologies to market by leveraging the Great Lake’s vast manufacturing assets and skilled workforce.

Power Generation & Storage: New and existing clean forms of energy, including nuclear, solar, wind, bio fuels and clean coal, will be discovered or improved, and fundamental advances will be made in how we distribute and store energy.

Energy Efficiency, Education & Outreach: The Great Lakes region is home to some of America’s oldest and most respected land-grant universities. GLASER members are perfectly suited to educate the region about energy conservation and facilitate the transition to a clean energy economy.

12

Invention Bridge Currently Manages a Department of Energy EIR GrantInvention Bridge Currently Manages a Department of Energy EIR Grant

AVAC = Argonne Venture Accelerator Consortium Grew out of 2 years of pro-bono work

DOE-EERE grant to fund Entrepreneur In Residence at Argonne National Laboratory.

Matched with funding from Chicago-based VCs: CEC, i2A fund, Ceres, Apex, OCA, Origin, Dillon Kane,

Bob Geras, MVC, IL Ventures Goal: spin out a technology into a private company funded by VC

sponsors within 12 months Staffed by Connie Capone, former VC at JK&B Other EIR winners: ARCH Ventures, Foundation Capital and

Kleiner Perkins

AVAC = Argonne Venture Accelerator Consortium Grew out of 2 years of pro-bono work

DOE-EERE grant to fund Entrepreneur In Residence at Argonne National Laboratory.

Matched with funding from Chicago-based VCs: CEC, i2A fund, Ceres, Apex, OCA, Origin, Dillon Kane,

Bob Geras, MVC, IL Ventures Goal: spin out a technology into a private company funded by VC

sponsors within 12 months Staffed by Connie Capone, former VC at JK&B Other EIR winners: ARCH Ventures, Foundation Capital and

Kleiner Perkins

Thank YouThank You

Amy [email protected]

847-899-2225