Federal Laboratory Consortium Mid-Atlantic Regional Meeting

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Federal Laboratory ConsortiumMid-Atlantic
Regional Meeting

• Ben Franklin Technology Partners
• of Southeastern Pennsylvania
• Susan Evatt, Senior Director
• Technology Commercialization Group
• September 15, 2005

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Ben Franklin Technology Partners

• Created 1982
• Regionally based 4 partners
• Headquarters Philadelphia, Lehigh, Pittsburgh,
  State College
• Private 501 c(3) non-profit corps
• Statewide director for joint initiatives
• BFTP/SEP Five counties Bucks, Chester,
  Delaware, Montgomery, Philadelphia
• Ben Franklin Technology Development Authority
• State policy board
• Chaired by DCED Secretary

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Ben Franklins Statewide Impact

• Measurable independently verified (1989-2004)
• 39,413 High Value Jobs Created Retained
• Average wage 28 more than state average
• 1,199 New Technology Companies Funded
• 4,775 Products Processes Implemented
  Commercialized
• Independent impact report (1989-2001)
• Bolstered state economy by 8 billion
• 231 return on the states investment
• Generated more than 400 million in additional
  tax revenue

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Ben Franklin in Southeastern Pennsylvania
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Ben Franklin Technology Partners of Southeastern
PennsylvaniaOur ApproachCapitalKnowledgeNetwo
rks

• Capital Investment Group
• Capital for innovative start-up established
  technology enterprises
• Partner in venture capital funds
• Partner with angel investor networks
• Ben Franklin Investment Partners
• Pre-seed SBIR Proof of Concept pools
• Business development assistance for portfolio
  companies
• Knowledge Technology Commercialization Group
• Product development commercialization solutions
• Increased competitiveness market expansion
• Technology-specific partnerships
• Technology Commercialization Network
• 20 member universities
• Networks Regional Technology Initiatives
• Develop, seed implement
• Longer term, transformative impact
• Technology Hubs, KIZs

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CapitalKnowledgeNetworks

• Investment Group
• Direct investment portfolio
• 22 million, 137 company investment portfolio
• 110 million invested in 1,400 regional
  enterprises since 1983
• More than 75 million of follow-on investment in
  FY04
• Investment Partner in privately managed venture
  funds, capital pools and investment programs
• More than money
• Mentoring / Milestone Coaching Business /
  Business Plan Development Business Information
  Competitive Intelligence Management Recruitment
  Advisory Board / Board of Directors Development
  Capital Contacts Entrepreneurial / Business
  Networks

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CapitalKnowledgeNetworks

• Technology Commercialization Group
• Technology Commercialization Network 20
  participating institutions
• Federally funded model for industry/academic
  partnerships
• Dual approach one-on-one company/university
  projects collaborative company/
  university/govt. initiatives
• NSF Partnership for Broadband Wireless
  Innovations
• Villanova, Widener, AFRL, NSWCCD, BFTP/SEP,
  Community Colleges, High School, Large Corps,
  Small Companies
• Consortium for Sustainable Design and Research
• Philadelphia U, Villanova, Temple, Del Val Green
  Bldg. Council, BFTP/SEP
• Ben Franklin Innovation Center ? National Center
  for Translational Research
• Ag-based viral research bio community spin-outs
• Drexel U, Del Val Clg, Hepatitis B Foundation

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CapitalKnowledgeNetworks
Regional Technology Initiatives

• Launched in 2001/02 by BFTP/SEP, Drexel
  University The University of Pennsylvania
• A comprehensive model designed to be a catalyst
  for regional nano development commercialization
• Seeded with 12.8M from the Commonwealth of
  Pennsylvania 1.3M from BFTP/SEP

A comprehensive, holistic approach.
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CapitalKnowledgeNetworks
One-Dimensional Probes
Bio Sensors
Four Core Research Areas
Drug Delivery Systems
Tissue Engineering

• 90M Federal RD grants awarded (8.8 federal1
  state)
• Industry guided technology development
• 43 research faculty 103 support post docs,
  grads students representing 11 universities
• Focus on commercialization approaches
• 3 NTI related companies
• NTI Applications Fund
• SRA initiatives
• Corporate member common research issues

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CapitalKnowledgeNetworks

• Corporate Membership
• Charter Member (50,000 / year)
• Right of first review for IP generated by the NTI
  
• One seat on the Technical Advisory Committee
  (TAC) of the NTI for input to the directions of
  research of the Core Research Teams
• Annual private day-long conference between
  corporate member scientists (up to 5) and the
  faculty members of the core research teams
• Quarterly research reports
• More corporate member benefits under development

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CapitalKnowledgeNetworks
Regional Initiatives

• A collaborative effort, established to position
  the tri-state region (DE, NJ, PA)
• Founded by the New Jersey Commission on Science
  Technology, Delaware Technology Park BFTP/SEP
  U.S. Dept. of Commerce/EDA funded
• Objectives
• Securing and Attracting Funding
• Facilities, research, commercialization,
  investments
• Developing Disseminating Information
  Knowledge
• Best Practices, policy planning, emerging
  opportunities
• Positioning the region
• Unified message, critical mass, diverse strengths

www.midatlanticnano.org
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• For more information, contact
• Susan Evatt, Senior Director
• Technology Commercialization Group
• 215-972-6700 x 3059
• Visit us online at www.sep.benfranklin.org