technology transfer gap
Post on 11-Jun-2015
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DESCRIPTIONTandemLaunch is a turn-key accelerator for university innovation in the multi-media space. Unlike a traditional investment fund, we provide seed investment ($100k to $1M), engineering resources, business staff, industry connections and even infrastructure right from day one. This enables university inventors to continue their teaching or student roles while contributing to the commercialisation of their ideas.
- 1. Bridging the Tech Transfer Gap
HelgeSeetzen is a successful entrepreneur with deep experience in the multi-media technology space. He has repeatedly built high performance teams in both the start-up and corporate environment. He co-founded Sunnybrook Technologies and later BrightSide Technologies to commercialize display technologies developed at the University of British Columbia. BrightSide was successfully sold to Dolby Laboratories for US$28M at high return to shareholders after having grown to over 30 developers.
Known today as local dimming LED TV, BrightSide's high dynamic range (HDR) display received early acclaim such as the Best Buzz Award at the 2006 Consumer Electronics Conference and a "Top 100 Technologies in 2006" rank by Popular Science Magazine. As the Chief Technology Officer of BrightSide he also expanded the companys technology portfolio to include camera, encoding and additional display solutions through close collaboration with over a dozen international universities. At Dolby he led all cross-functional development activities for Dolbys first two consumer video products which launched in 2009. In this capacity he built research and engineering departments in Canada and the US, and was closely involved in licensing negotiations with many major consumer electronics manufacturers. Today, millions of LED TVs are sold every year and the underlying technology has become one of the core elements of the display market.
Helge's leadership in the technology transfer, innovation and entrepreneurial space has been widely recognized through awards such as Business in Vancouver's 40 under Forty award for business accomplishment, the NSERC Innovation Challenge Award for university technology transfer, and a Special Recognition Award from the Society for Information Display. He serves as the Chair for DisplayWeek2010 & 2012 (the largest technical conference on displays) and Publications Chair of the Society for Information Display. He has published over 20 articles and holds 30 US patents with over 30 additional pending US applications. Helge received a B.Sc. in physics and a Ph.D. in interdisciplinary imaging technology (physics, computer science, electrical engineering & psychophysics) from the University of British Columbia.
He blogs on Technology Transfer and University Entrepreneurship at www.techentrepreneurship.com
Bridging the Technology Transfer Gap
We bridge the university-industry technology transfer gap. Universities outspent industry by a factor of nearly 4:1 on basic research. In the United States alone, universities invest close to $40 billion per year across all imaginable fields of technology. Add the ever increasing desire to solve immediate social or industrial issues, and the potential for economic impact is tremendous. Unfortunately it is mostly unrealised today.
Universities lack the business development, product engineering, and financial resources to truly commercialise their innovations directly. Worse, the university environment creates many barriers to traditional venture investment such as liability concerns, distracted founders and cultural mismatches. The result is a world where our greatest source of innovation is cut off from our economy by a wide chasm.
TandemLaunch provides universities and industry with the one-stop solution to cross this chasm.
Tech Transfer Gap by the Numbers
$12B Industrial basic research (USA, 2008)
$39B University basic research (USA, 2008)