FICCI IC2 Lockheed Martin

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FICCI - IC2 - Lockheed Martin India Innovation
Growth Programme -An Accelerated Technology
Assessment and Commercialization Programme - By
Nirankar Saxena, Director, FICCI
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Aim of FICCIs Commercialization Process
The right product gets to the right market with
the right partner at the right time
Before we take a technology to the market for
commercialization, we package it into the right
perspective for the business partner
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A Step - by - Step Guide to Successful Technology
Assessment and Commercialization
Step 1 Technology Nomination Step 2
Application Screening Step 3 Commercial
Assessment of Technology Quicklook Analysis
TM Step 4 Business Development Step 5
Technology Commercialization
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Technology Assessment and Commercialization A
Deeper Look into the Process
Step 1 Technology Nomination Step 2
Application Screening Questions we evaluate

• Technologys Market Viability
• Quantitative research
• High-level patent searches
• Testing uniqueness with web searches
• Researching business databases
• Evaluating global and national market regions

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Technology Assessment and Commercialization A
Deeper Look into the Process
Step 3 Commercial Assessment Quicklook Analysis
TM
A Patented Technique Developed by the IC2
Institute to Evaluate a Technology

• Commercial assessment is conducted on each
  technology
• Led by certified commercialization professional
• Provides a market perspective on the technology
• Primarily non-proprietary in nature
• Market-oriented
• Based on both secondary and primary research

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Quicklook Analysis TM A 360 View from the
Market
Primary Research
Validators
End Users
Potential Partners
Customers
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Commercialization Assessment Report Contents

• Technical Description
• Technology Valuation
• Potential Benefits
• Potential Markets
• Potential Clients
• Market Interest
• Intellectual Property Status
• Competitors and Competing Techs

Technology Commercialization Assessment Report
014 Cotton Delinting Facility REPORT PREPARED BY
MIKE BRECK
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The Next Step Technology Commercialization

• Step 4 Business Development
• Business Matchmaking with potential customers,
  government bodies, venture capitalists, angel
  investors.
• Business Development Plan Tool TM
• Identifying Business Partners
• Industry Visits, Calls and Follow-up
• Engagement Agreement
• Step 5 Technology Commercialization
• Suitable partners are systematically sought
• Licensing agreements are negotiated
• Contracts are arranged between the parties
• Successful commercialization of technologies

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Successful Case Studies A Few Examples

• Shri Janak Sheth, Century Pharmaceuticals
  Ltd.Technology Apoptopic Proteins
• SIBRI has sanctioned a grant of approximately INR
  1 crore
• i4RD has approved funds worth Rs. 30 Lakhs
• Century pharmaceutical has received funding worth
  Rs. 2.5 crores Gujarat Venture Finance Limited.
• Net funds received so far INR 3.8 crores
• 2) Shri Joydeb Roy Chowdhury, Embedded System
  LabTechnology Smart card operated prepaid
  energy meter with automatic load controller for
  solar power application
• Business agreement with Tata BP Solar for field
  trails
• West Bengal Renewable Energy Development Agency
  is considering the technology for field trials in
  their power plant in Sager Island of south 24
  Parganas of West Bengal

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Successful Case Studies A Few Examples
3) Shri T. Raghavendra Rao, Sustainable
Technologies Environmental Projects Pvt.
Ltd. Technology Waste plastic conversion to
petroleum fuels

• A Letter of Intent has been received from
  Vulcanes, Germany to set up a plant with a
  capacity of 25 tons per day at their site. The
  agreement value is Euro 1.6 million
• A Letter of Intent has been received from GBS,
  Malaysia to set up a plant of the capacity 5 tons
  per day at their site
• 4) Dr (Ms) Chandrika Varadachari, Raman Centre
  for Applied and Interdisciplinary
  SciencesTechnology Slow Release Micronutrient
  Fertilizer
• Engagement agreement with Sowbhagya Amino
  Inputs Pvt Ltd, Hyderabad with exclusive rights
  for manufacturing and sale of three micronutrient
  fertilizers
• Engagement agreement with AG Specialties and
  Brandt Consolidated, USA for distribution of
  fertilizer
• Engagement agreement with Aries Agro Limited to
  undertake field trials
• Other agreements in the pipeline With Archean
  Group of Companies and Godrej Agrovet

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FICCI IAN Partnership

• Indian Angel Network has actively supported FICCI
  in its commercialization program by way of
• Considering a number of applications for angel
  funding
• Exchanging program banners on web portals
• Dissemination of information about the India
  Innovation Growth Programme

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FICCI- DST- LM- India Innovation Growth Programme
2009 Participate now!!
Objectives Synergise the world of science and
the world of business by assisting the Indian
innovators accelerate their technologies into the
global markets. Assess the right scientific and
the commercial value of your innovation and help
you take it to the global marketplace So, do you
have an innovative technology? Are you looking
for an experienced team to help and guide you
through the technology assessment and
commercialization process? If you are and our
experts assess that your innovation has
commercialization potential then we are ready to
help you translate your research and knowledge
into the commercial marketplace FREE
PARTICIPATION!!
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FICCI- DST- LM- India Innovation Growth Programme
2009 Participate now!!

• Programme Benefits
• Learn the right commercialization strategies for
  innovative technologies
• Work with experts and educators who know what
  works and what doesnt
• Compete with other innovators to gain experience
  Assistance from FICCI and IC2 managers for
  business development
• Showcase your technology before potential
  partners, customers and investor

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FICCI- DST- LM- India Innovation Growth Programme
2009 Participate now!!
For registration, please log on
to www.indiainnovates.in
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Thank you