FedDev Projects Information Session

Centre for Creative Communications andApplied Research and Innovation Centre

February 24, 2011

Katherine ArimaIndustry Partnerships Manager

ks.arima@gmail.com 416-289-5000 ext 8172

Topics

Business Challenges

Call for Solutions

FedDev Projects

Call for Proposals – Application Steps

Targets and Results

Questions

Business Challenges

What are the top business challenges in your industry?

• Funding in a slow economy

• Fast-paced competition

• New customer expectations

• New technologies

• Global markets

Call for Solutions

Your plan to make your business more competitive and successful could be:

• Try out a new product or process by a pilot or ‘proof of concept’

• Test new and enhanced offerings

• Design and develop new technologies

• Apply research to problem solving.

FedDev Projects

FedDev* projects speak to those solutions.

FedDev projects emphasize

• Innovation and business growth

• Increased productivity

• Results that make you market ready and more competitive

• Collaboration through industry-college partnerships.

*www.feddevontario.gc.ca/eic/site/723.nsf/eng/h_00261.html

FedDev Projects for Small & Medium Enterprises

Centennial College’s Applied Research and Innovation Centre (ARIC) received $525K from a FedDev initiative* to • Collaborate on ten pre-commercialization projects in

partnership with Ontario Small and Medium Enterprises (SMEs)

• Match SMEs technology design/development needs with Centennial’s applied research expertise

• Accelerate innovation and improve productivity and competitiveness in Ontario SMEs. *FedDev’s Applied Research and Commercialization Initiative www.feddevontario.gc.ca/eic/site/723.nsf/eng/h_00261.html

FedDev Projects for SMEs

FedDev projects support companies

• With under 1,000 employees in Canada

• Registered in Southern Ontario

• Active in any of three industry sectorsAnimation and gaming

– Wireless technologies and mobile apps

– Green energy.

FedDev Projects for Animation and Gaming

Project proposals in “animation and gaming” include

• Children’s media

• Multi-media platforms

• Interactive, creative, technology and social entrepreneurs.

10 FedDev Projects – Valued at $75K Each

Centennial contributes $50K to each project in

• Faculty and students to work ‘hands on’ with your team

• Applied research know-how for innovative solutions

• Labs and facilities to design, develop and test products and processes

• Materials and supplies

• Consulting and professional fees as required.

Your business invests $25K in the project in

• Time and materials, with dedicated staff to co-perform the project (in-kind contributions) and/or cash.

Call for Proposals – Application Steps

Start

1Define a

CollaborationProject

2.0Submit completed Project Proposal Form obtained

from ARIC

3 Assess

Project Proposal

4Complete Mutual Non-Disclosure

Agreement Form obtained from ARIC

6Submit completed

Collaboration Project Agreement Form

obtained from ARIC

7 Obtain sign-offs for Collaboration

Project Agreement

5 Obtain approval

for FedDev Environmental Questionnaire

8Approve College

funding component for project

9Proceed to

projectexecution

Go

No Go

2Submit completed Project Proposal Form obtained

from ARIC

End

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Collaboration Project Agreement contents: Terms and conditions of the project, statement of work, project funding, obligations of the College and business partner, IP management, communications and legal compliance.

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Targets and Results

Key dates

• March 31, 2011 Collaboration Project Agreement signed

• March 31, 2012 Project completed.

Reporting deliverables

• Project tracking reports

– Monthly progress reports and cost claims submitted by Centennial, including in-kind costs with your input

• Final report 60 days after project completion written jointly with Centennial.

Targets and Results

Your business will own

• All new Intellectual Property created during the project

• All project materials and documentation.

Critical success factors for the FedDev opportunity

• Innovation – results confirming the top driver is the industry-college partnership

• Productivity – deliverables that enable faster market penetration for your business with more competitive products, processes and/or services

• Applied research – value-add contributed by Centennial’s faculty and students.

Questions