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Canadian R&D, Funding Sources•Government
•Federal Government
•Provincial Government• Michael Smith Foundation for Health Research
(MSFHR)• Genome BC Canada
•Municipal Governments
•Private Foundations• Canadian Diabetes Association• Heart and Stroke Foundation• Breast Cancer Society of Canada
•Industry
Research & Technology Transfer @ SFUResearch & Technology Transfer @ SFU
• Annual Research Income, >$100 Million
• IP Policy is: Inventor owned
• Technology transfer, IP $ commercialization services–SFU Innovation Office
Importance of Intellectual Property (IP) Importance of Intellectual Property (IP)
• Knowledge Society & Economy and IP is a fundamental business asset in the 21st century economy.
• Universities are excellent sources of innovative technologies to be transferred to the industries.
• Industry looks at the universities as sources of technology to fuel economic growth.
• This transfer is done by the Technology Transfer Offices,known as the Innovation Office at SFU.
IP Policies, Canadian UniversitiesIP Policies, Canadian UniversitiesUniversity Patent Ownership
SFU, Policy # R30.03 Creator
Victoria Creator
Alberta Creator
Calgary Creator
Dalhousie Creator
Waterloo Creator
Queen's Creator
UBC University
UNBC University
McMaster University
Ottawa University
Toronto Joint
McGill Joint
Sherbrooke Joint
Manitoba Joint
Saskatchewan Negotiated
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Innovation Office @ SFU
Innovation + knowledge mobilization + business acceleration
Assisting with transformation of ideas and discoveries into companies, products and
services and the training & development of entrepreneurs
Innovation Office (IO) Services• Invention Disclosures from SFU inventors• IP, Technology & Market assessments• Patent Protection• Apply for commercilization grants and assistance• Commercialization via:
– Technology Licensing – Company Creation
• Entrepreneurship and Business Incubation & Accelerator programs
• Industry & Government Liaison• Angel Networks & Seed funds
The Commercialization CycleTransforming Ideas into Products and Companies
Commercialization Road Map
Research Findings Scientific knowledge, Publish or Commercialize?!
Proof of Concept Product Development
Valley 1 Valley 2 $$$ $$$
Funds to overcome Valley 1: Additional basic research grants NSERC Market Assessment grantNSRC I2I, Phase ICIHR POP, Phase I
Or an invention?
Product performance
$$$$
Funds to overcome Valley 2:NSERC Interaction grantNSERC Engage grantMITACS grantsNSERC I2I Phase IICIHR POP Phase II
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Entrepreneurial culture at SFU
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www.ventureconnection.sfu.ca
SFU’s Student and alumni entrepreneurship program. Concept development & market validation, events,
competitions, mentors-in-residence, business incubation services.
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www.venturelabs.ca
World class technology business accelerator program. Business development assistance, executives-in-
residence, business development assistance, access to customers, government assistance & financing
sources.
beedie.sfu.ca/radius/
RADIUS (RADical Ideas, Useful to Society) is a social innovation lab and venture incubator based at the Beedie School of Business, Simon Fraser University
The BC Startup Ecosystem
BC Entrepreneurship & Startup EcosystemPolicy & Funding: BCIC, PTC, MAEIT
Lower Mainland, BC Regional BC Mentoring Services (Early to growth stage)
Angel & Seed Investment
Associations & Events(Inspiration & Networking, Ideation phase)
Entrepreneurship Programs & Incubators(Inspiration, Concept ValidationPphase)
+ University UILO Spinout Companies
Accelerators(Validation, Scale-up Phase)
Sector-SpecificAccelerators(Validation, Scale-up Phase)
Prince George
Entrepreneurship majors, Minors, MBA programs
Some Key Programs…• For Students:
– Coop and internship opportunities with startups– BCIC Innovator Skills Internship program– New Ventures BC Competition– Entrepreneurship & Incubator programs
• For Companies: – Accelerator programs– NRC IRAP & Youth Employment programs– NSERC Engage, I2I, CIHR and other commercilization stage
grants– MITACS– CRA SRED– Coop and Internship programs
Books & Resources
Books
Read, come out to startup and angel investor events, participate in workshops & programs. Find a mentor and a cofounder and Engage!
www.venturelabs.ca (Resources)
BC Startup Ecosystem - Curated Resource Directory
Next Big Thing?
Ian Hand, Managing DirectorSFU Innovation Office
@ianhand
Questions?