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Presentation to the CanadaIsrael Friendship Group and the Canada Palestine Parliamentary Group by th
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To promote collaborative R&D between firms in both countries ... OZ Optics of Carp, Ontario and Nanonics. Imaging Ltd., Jerusalem ... – PowerPoint PPT presentation
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Title: Presentation to the CanadaIsrael Friendship Group and the Canada Palestine Parliamentary Group by th
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Canada-Israel collaboration Presentation to The
Israel-Canada Chamber of Commerce Industry
Tuesday 26th July, 2005
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Overview
- Established 1994
- To promote collaborative RD between firms in
both countries - For Canada, CIIRDF is itself an innovation
- For Israel, CIIRDF is one of a number of similar
bilateral initiatives based on the success of
BIRD - Operated by a President and a small staff located
in Ottawa, Canada and an office in Israel. - The President reports to a Board of Directors,
comprising three members from each country.
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CIIRDF Activities
- Promoting and marketing the benefits of joint
Canadian-Israeli RD collaboration - Matching companies in one country seeking a
research partner in the other - Supporting projects by contributing up to 50 of
the joint RD costs - Promoting consortium to consortium cooperation in
areas of strategic importance to both countries
4
Partnership Objectives
- CIIRDF seeks to promote partnerships where a
joint RD project builds on the capabilities of
both partners - CIIRDF partnerships are to develop new products,
processes or significant enhancements enabling
wider product marketing. - Partnerships are not intended to be primarily
supplier-distributor relationships.
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Matchmaking
- Core Function to facilitates the identification
of potential technology partners for Canadian and
Israeli companies - Utilization of the extensive networks and
databases in Canada and Israel to locate these
partners. - CIIRDF and IRAP (Industrial Research Assistance
Program) partnership - providing IRAP with experience in international
partnerships - giving Israel access to the Canada-wide network
of 260 Industrial technology advisors
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CIIRDF Awards Model
- CIIRDFs major role is that of sharing in RD
risk by - investing up to 20,000 for feasibility studies
- and up to 800,000 for full-scale RD projects
undertaken as a joint project by Canadian and
Israeli partners - CIIRDF awards are provided on a cost-share basis
for up to 50 of the project RD costs - CIIRDF retains neither equity nor intellectual
property rights as a result of its contribution - CIIRDF requires that the award be repaid by the
project partners should the project result in
commercialization and revenue generation
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Eligibility for CIIRDF RD Grants
- Canadian and Israeli firms which operate and are
headquartered in Canada and Israel respectively
are eligible for the program. - Firms may be cooperating on either an ad hoc
basis, through a joint venture, or may share
common ownership - The companies should be able to conduct RD to
advance commercially products or processes that
have a reasonable potential for commercial
success - Track records should show past sales and ability
to deliver
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The Agreement
- Typically a three-party agreement (i.e. between
the Canadian and Israeli companies and CIIRDF - Company-Company agreement is not subject to
review by CIIRDF. - However it is expected that the partners both
stand to gain from the Project - Partners have agreed on issues relating to
manufacturing rights, marketing, intellectual
property rights, etc
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Grant Payments
- Full-scale Projects funding in three
installments - Upon signing the Cooperation and Project Funding
Agreement, - Upon submission and acceptance of the interim
Technical and Fiscal Reports - Upon submission and acceptance of the Final
technical and commercialization reports. - Feasibility Studies funding in two payments
- 50 upon signing of the Agreement,
- and the balance upon submission and acceptance of
the Final Report
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Award Repayments
- The Proposer is required to make payments to
CIIRDF based on gross sales derived from the
sale, leasing or other marketing or commercial
exploitation of the product or process innovation
resulting from the Project. - The repayment rate is 2.5 of gross sales revenue
semiannually, beginning with the semiannual
period during which the first sale was made
following receipt of the Award, and ending when
at least 90 of the Award value has been repaid
to CIIRDF
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Process
- Feasibility Studies - approved by the President
- Full-Scale Projects - Board approval.
- After the initial expression of intent by the
Proposer to apply for Full-Scale Project funding,
CIIRDF may invite an outline of the proposal and
then a detailed proposal
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Timing
- Feasibility Study proposals may be submitted at
any time - typically a two-week turnaround for
decision. - Full-scale proposals require
- 10-14 days for outline review
- 6-8 weeks for full evaluation
- final decision by the CIIRDF Board.
- Board meets are twice a year April November
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Funded Projects
- Bioxel Pharma, Quebec City and Polygene,
Jerusalem - Gallium Software Inc., Nepean and Tiltan
System Engineering Ltd., Bnai Brak - GEMs Systems, Toronto and Isorad, Soreq
- Mirador DNA Design, Montreal and Sensis Ltd.,
Kiryat Shmona - Mitel Networks Corporation. Ottawa and VCON
Ltd. of Herzliya - Elbit Systems of Petach Tikva and MDA of
Richmond, B.C. - Digiscreen of Montreal, Quebec and Moonlight
Software of Tel Aviv
- Oceans Nutrition Canada, Halifax Nova Scotia
and NoriTech, Haifa - Omega Recyling Technologies, Montreal and
Pervasiv Ltd., Ashkelon - OZ Optics of Carp, Ontario and Nanonics
Imaging Ltd., Jerusalem - TELEstraining, Vancouver and Shoham, Haifa
- Tesma Engine Technologies, Toronto and Dead
Sea Magnesium (DSM), Beersheva - Unity Wireless System Corp of Burnaby, B.C.
and Dekolink Wireless Ltd., Petach Tikva - Wavesat Wireless, Montreal and Celerica Ltd.,
Petach Tikva
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Lessons learned
- ENCRYPTION
- FIREWALL
- WIRELESS
- CHIP DESIGN
- APPLIED PHOTONICS
- COMPUTATIONAL BIOLOGY
- DRUG DESIGN AND DELIVERY
- MEDICAL ELECTRONICS AND DEVICES
- GENE THERAPY
- AG BIOTECH
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Canadian Audit Summary
- Sales forecasts are estimated to surpass 700M
for Canadian firms alone Projects have led firms
in new directions to create new technologies, to
pursue new markets, to spin-off companies - CIIRDF has strengthened overall economic, trade,
and political relations between Canada and
Israel - Matchmaking services are being conducted
effectively. In the past 3-4 years, CIIRDF has
provided matchmaking services to approximately
240 firms. - CIIRDF output surpasses all other tech programs
evaluated in the past 20 years
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Israel as a strategic partner
- Gives a comparative advantage in
multi-disciplinary approaches to innovation and
commercialization - In the past decade, recognized world leadership
in the key enablers ( cryptology, firewall,
systems biology, drug delivery, non-intrusive
diagnostics, wireless )
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The Real Upside
of ...Canada-Israel collaboration!!!
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