1 the lockheed martin india innovation growth program

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The Lockheed Martin India Innovation Growth Program

www.IndiaInnovates.in

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Program Goal

Accelerate the commercialization of early stage Indian technologies into global markets.

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Program Partners

Organized and managed by FICCISponsored by Lockheed Martin Co.Technical support provided by IC2 Institute at the

University of Texas at Austin

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About FICCI

Setup in 1927, Federation of Indian Chambers of Commerce and Industry (FICCI) is the largest and the oldest apex organization of Indian Business.

FICCI provides Business Houses an interactive platform to share their concerns, strengths and offerings.

FICCI provides collaboration and networking opportunities between corporate and govt.

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FICCI Membership

Corporate Members (60)Associate Members (1300)Member – Bodies i.e., Chambers and

Associations (361)Joint Business Councils (200)

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FICCI TIME IS Project

TIME IS – Aims at assisting investors and technology entrepreneurs to find technology projects, funding options and information about investments policies, incentive schemes and industrial infrastructure available in India.

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Two Global Fora on Business Incubation

1st Global Forum on Business Incubation – Creating Conditions for Innovation, October 14-19, 2004, New Delhi

2nd Global Forum on Business Incubation – Empowering Economies through ICT, Innovation and Entrepreneurship, November 6-10, 2006, Hyderabad

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International Conferences on R&D in India

1st International Conference on “India R & D 2005 – A Knowledge Hub of the Future”, November 7, 2005, New Delhi

2nd Global Conference & Exhibition on “India R&D 2006 - Mind to Market”, December 5-6, 2006, New Delhi

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IC2 Institute

IC2 Institute is composed of several organizations - Global Commercialization Programs - Bureau of Business Research - Austin Technology Incubator - Master of Science in Science & Technology Commercialization (MSSTC) - Commercialization Research IC2 Institute’s Global Reach with offices in

countries like Mexico, Poland, Canada, Australia, India, Kazakhstan

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Successful Experiences in Austin

Austin Technology Incubator– 20 years– 150 companies launched– $1.5 Billion in revenues generated– $720 Million in investor capital raised– 10,000 Jobs created

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Successful Experiences in Poland

Poland– 2.5 years– $300 Million in growth for the Polish economy– 2 technology business incubators created

• 14 ventures launched– 200+ technologists and entrepreneurs trained in technology

commercialization– Commercial deals developed for 84 US and Polish companies– Venture Capital attracted to 3 technologies– Graduate-level degree program in technology commercialization,

55 students graduated and studying

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Poland Examples

Bio-medical– Polish device company received $500,000 Round A

venture funding

Communications– American cell phone equipment manufacturer found

numerous Polish suppliers. Launched new company in Poland.

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Successful Experiences in Mexico

Mexico– 300+ early-stage technologies assessed– Technology assessment and commercialization training for 150+

technologists and entrepreneurs– Accelerated commercialization for 10 technologies– Established Technology Business Accelerator (TechBA) at ATI

for Mexican technology companies• Created $10 Million in sales opportunities in first 6 months

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Mexico Examples

Educational– Mexican educational software company partnered with

American firm for $9 million in sales

Enterprise Software– Mexican software firm partnered with major American

software supplier to win $2 million contract with automotive supply company.

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Program Description

2-year, nation-wide programCompetitive selection processOpen to all Indian innovators

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Broad Range of Technical Sectors

Aeronautics

Agriculture

Biotech

Chemistry

Communications

Computing

Defense

Electronics

Environmental

IT

Manufacturing

Marine

Materials

Medical / Life Sciences

Nanotech

Petrochemical

Semiconductors

Transportation

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Participant Benefits Business development engagement with IC2 Institute,

University of Texas, USA and interaction with leading investment firms from USA*.

Access to global market opportunities* Access to program partners No cost to participate! World class training from IC2 Institute

– Commercialization strategies– Entrepreneurship

Commercial potential analysis of innovation by International Experts

Participation in Innovation Competition (judged by international panel of experts)

* For a limited number of participants

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Program Mechanics

2nd ScreeningApply to Program 1st Screening Commer’l

Workshop

QuickLookAnalysis

EntreprenWorkshop

Innovation Competition

BusinessDevelopment

1 2 3 4

5 6 7 8

GlobalMarkets

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Program Mechanics

2nd ScreeningApply to Program 1st Screening Commer’l

Workshop

QuickLookAnalysis

EntreprenWorkshop

Innovation Competition

BusinessDevelopment

1 2 3 4

5 6 7 8

GlobalMarkets

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Program application deadline is 31 March!

Apply today!

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Program Schedule

If necessary….

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Learn More @ www.IndiaInnovates.in

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How to Apply

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Contact Us

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Question and Answer Session

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Thank You!

www.IndiaInnovates.in