Download PDF - Ontario Centres of Excellence
Download PDF - Ontario Centres of Excellence
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More about OCE<br />
Accelerating Commercialization and De-risking Start-ups<br />
for Our Stakeholders<br />
RESEARCH & DEVELOPMENT<br />
MARKET READINESS<br />
COMMERCIALIZATION<br />
MARKET ENTRY<br />
High<br />
Risk<br />
Innovative<br />
ideas<br />
Funds to academic Institutions<br />
RESEARCH & DEVELOPMENT<br />
• Leverage full capacity <strong>of</strong> <strong>Ontario</strong>’s<br />
research institutions<br />
• Solve technical problems<br />
• Facilitate collaborative research<br />
• Extract more value from provincial<br />
investments in research and innovation<br />
through effective technology transfer<br />
OCE PROGRAMS & SERVICES<br />
MARKET READINESS<br />
• Establish pro<strong>of</strong> <strong>of</strong> concept<br />
• Assess market<br />
• Develop business case<br />
• Develop marketing and production plans<br />
• Enable experiential learning<br />
• Test product<br />
• Establish financial feasibilty<br />
• OCE invests with matching cash<br />
from industry<br />
MARKET ENTRY<br />
• Execute market strategy<br />
• Enable personnel training<br />
• Provide embedded executive<br />
• Provide business advisory services<br />
• Provide commercialization services<br />
DEVELOPMENT OF HIGHLY QUALIFIED PERSONNEL<br />
Funds to start-ups<br />
Reduced<br />
Risk<br />
Benefits <strong>of</strong><br />
de-risking<br />
flow to<br />
company<br />
employees,<br />
funders and<br />
investors and<br />
prepare<br />
companies<br />
to launch<br />
marketing<br />
plans and<br />
attract<br />
customers<br />
and investors<br />
Known for de-risking innovation, OCE has developed expertise in this area. A number <strong>of</strong> small- and medium-sized<br />
companies typically overlooked by traditional investors have achieved market success through OCE support.<br />
Sources <strong>of</strong> Finance and Stages <strong>of</strong> Commercialization within the Industry/Academic Space<br />
Government Research Funding<br />
<strong>Ontario</strong> <strong>Centres</strong> <strong>of</strong> <strong>Excellence</strong><br />
IACP<br />
CCR<br />
Angel Investors<br />
Venture Capital<br />
IPO/Other<br />
$<br />
Industry<br />
Banks<br />
INCOME<br />
• Revenue<br />
IDEA<br />
Fundamental/<br />
Pure Research<br />
Applied<br />
Research<br />
Technology & Product<br />
Development<br />
Commercial Demonstration<br />
and Initial Operations<br />
Market Entry &<br />
Volume Production<br />
• Jobs<br />
• Start-ups<br />
• Exports<br />
OCE occupies a critical space in the commercialization continuum helping to bridge the gap between industry and academia.<br />
6 OCE 11/12 ANNUAL REpORT
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