4/9/2010
Linden RhoadsVice Provost—Technology Transfer
Executive Director—UW Center for Commercialization
Conference on Regional Institutions for Innovation and ProductivityUW Economic Policy Research Center – April’10
Regional Institutions for Innovation Commercialization
WHAT’S STANDING BETWEEN RESEARCH AND IMPACT?
Technologies can change the world… …but only if they are
embraced by thousands or millions of people.
BA
RR
IER
S
4/9/2010
THE BIG VISION
TEAM FORMATION &
BUSINESS PLANNING
ACADEMIC HR APPROVAL
IP LANDSCAPE MAPPING
CONFLICT OF INTEREST
MGMT
CAPITAL FORMATION
Comprehensive and seamless support for entrepreneurial faculty
FREEDOM TO RESEARCH ANALYSIS
PARTNERS ARE CORE TO THE VISION
WA has many resources to support the innovation economyWA has many resources to support the innovation economy
4/9/2010
$1B per year in research…
THE UW HAS SUBSTANTIAL RESOURCES
• Computer Science
• Engineering
• Medicine
• Chemistry
• Physics
• Biology
• Nursing
• Bio Informatics
…and commercialization support
School of Law
UW C4C
Foster School & CIE
UW
WSU
UCD
UCBUCM
UCSC
UCSF
UCSB
UCRUCLA
UCI
UCSD
CalTech
USC
N,EasternBU
Harv. MIT
Tufts
UM Bos.
Dartmouth
Amherst
Lowell
Worcester
Carnegie Mellon
Drexel
Duquesne
Penn St.
UPenn
Univ. Pitts.
Baylor
Rice
West TX A&M
A&M Galveston
A&M Kingsville
A&M Corpus Christi
Prairie View A&M
Tarleton St.
TX A&M/ Health Sci.
Ctr.
A&M Commerce
N.TX HSC.
UT-Austin
UT HSC,
Houst.UT Med Center
UT SW HSC
Sources: •Science and Engineering State Profiles: 2005-07, http://www.nsf.gov/statistics/nsf08314/•The 2008 State New Economy Index
http://www.kauffman.org/uploadedfiles/new-state-index-2008.pdf
Carnegie Mellon
Duquesne
Penn St.
Univ. Pitts.
West TX A&M
A&M Commerce
Sources: •Science and Engineering State Profiles: 2005-07, http://www.nsf.gov/statistics/nsf08314/•The 2008 State New Economy Index
http://www.kauffman.org/uploadedfiles/new-state-index-2008.pdf
WA (UW) #2 IN NEW ECONOMIC INDEX, #1 IN LICENSES / $1M RESEARCH
HOW DO WE COMPARE?
4/9/2010
Utah: Start-up support & bridge
funding
Deshpande Center (MIT): culture
QB3 (Bay Area): public/private life-science ecosystem
von Liebig Center & CONNECT (UCSD):
entrepreneurship
BEST PRACTICES NATIONWIDE
FUNDING
•SBIR application assistance
•Gap funds
•Bridge funds
OUR MOMENTUM
INCUBATORS
•MedTech Discovery Center
•Clean Tech Integration Center
•TechStars
•Accelerator
INDUSTRY RELATIONS
•Industry Relations Task Force (IRTF)•Industry Relations Officers•Corporate affiliate programs
•Mentoring programs•Sabbatical/leaves/internships
•Joint research endeavors
ENTREPRENEURSHIP PROGRAMS
•Veteran Director with sector expertise
•Entrepreneurs-in-Residence
•Entrepreneurial Faculty Fellows
4/9/2010
FUNDING: COMMERCIALIZATION GAP FUND (CGF)
MBA STUDENTS—MARKET RESEARCH
PATENT AGENTS—IP LANDSCAPE
$50K FUNDING
ENTREPRENEURS IN RESIDENCE—EXPERTISE
BRIDGE FUNDING: HOW DO WE COMPARE?
University of Utah is currently managing $81M in seed funds
A start-up could access $1M based on milestones
Includes a student-run fund of $18.5M
UW is currently managing $750K per year in gap funds
A research team could access $50K based on milestones
Coming up: raising an alumni fund
4/9/2010
OUR GOAL: Increase the visibility and value of UW start-ups before they take private capital.
OUR GOAL: Increase the visibility and value of UW start-ups before they take private capital.
UW BRIDGE FUNDS
• Orchestrate funding and services with other UW organizations to provide resources in the most efficient manner.
• Raise an alumni fund with proceeds going to scholarship.
• Progress this year (6706-SL) on state policies.
A COLLABORATION BETWEEN:
Foster School of Business
UW Law School
College of Engineering
UW C4C
UW Alumni
OFFICES FOR INDUSTRY PARTNERS
RESOURCES FOR START-UPS ($)
ECONOMIC DEVELOPMENT ENTITIES
INCUBATOR SPACE FOR RESEARCHERS
IMPLEMENTING THE BIG VISION
UW C4C connecting and
extending the resources for
developing our innovation economy.
The bold idea: a Research Park
4/9/2010
Linden RhoadsVice Provost—Technology TransferExecutive Director—UW Center for Commercialization
depts.washington.edu/uwc4c [email protected]
Thank You
