Title: Commission Meeting July 25, 2012
1Commission Meeting July 25, 2012
2Innovation Platform Program
3- Purpose
- To link the development and innovation
capabilities and capacities of - an already established Innovation Platform and
all its resources at an - Ohio college or university or not-for-profit
research institution to - specific late stage development and innovation
needs of Ohio - companies
- Innovation Platform an already existing
capacity that incorporates - unique technology capabilities and
strengths, talent, equipment, - facilities, engaged industry partners, a
track record of research - commercialization and innovation,
intellectual property, and other - resources in a particular technology area
that collectively can serve as - a vehicle for significant, industry-defined
and directed opportunities - through the development and
commercialization of new products and - innovations
4- FY2012 Proposals
- 37 proposals submitted
- 35 proposals passed Developments administrative
review - Proposals based in one or more 8 technology
areas - - Advanced Materials (13) -
Aeropropulsion Power Management (3) - - Fuel Cells Energy Storage (7) -
Medical Technology (14) - - Software Applications for business -
Sensing Automation Technologies (6) - and healthcare (3) - Solar
Photovoltaics (3) - - Situational Awareness and
- Surveillance Systems (3)
5- Program Basics
- Lead Applicants Ohio colleges or universities
or an Ohio not-for-profit public or private
research institution. Proposals must include
collaboration with at least two or more Ohio
for-profit companies. - Funding 18 million available (FY12) Award
range of 1 3 million - External Evaluator National Academies of
Science (NAS)
6Review of Proposals to Ohios Third Frontier
Program, 2012-2013 Innovation Platform Program
(IPP) 2012
The National Academies July 25, 2012
7The National Academies
- The National Academies bring together committees
of experts in all areas of scientific and
technological endeavors. These experts serve on a
volunteer basis to address critical national
issues. -
- The National Research Council, which operates
under the auspices of the National Academies, is
committed to providing elected leaders, policy
makers, and the public with expert advice based
on sound scientific evidence.
8Committee Membership
- Committee of 23 includes
- Working engineers, scientists, academics,
investors, and businessmen and women - 3 are elected members of the National Academy of
Engineering (NAE) - 2 are elected members of the National Academy of
Science (NAS) - 3 financial analysts
- 5 Presidents or CEOs, 1 Vice President, and 1
Executive Director of private (for profit)
companies - Geographically diverse members are from all over
the United States - 17 previously served on NRC Committees to review
proposals for Ohio
9IPP Evaluation Criteria
- Performance Goals
- Will the project have an impact on Ohio in three
or more of the following areas? - job creation
- personal wealth
- new sales of products
- company creation or attraction
- follow-on investment
- talent recruitment and
- enhanced Ohio, national, and/or international
recognition - Experience and Qualifications
- Is leadership demonstrated in all critical phases
of the proposal? - Does the applicant team have the relevant
experience to perform the work involved?
- Technical Merit Plan
- Can the technical challenges be met?
- Are novel concepts, approaches or methods
employed? - Commercialization Strategy
- Does the team understand the total resource
requirements for achieving market entry? - What is the specific value proposition of the
proposed approach? - Has the Innovation Platform already achieved at
least proof of principle? - How closely matched is the project with the
existing or emerging supply chains capabilities?
10IPP Evaluation Criteria
- Budget Cost Share
- Budget
- Is the budget justified and adequate?
- Cost Share
- Is the cost share necessary and reasonable?
- Does the cost share represent a specific new
commitment, and is it in the form of cash? - Is the cost share being used directly in support
of the Innovation Platform? - Is the cost share firmly committed, with no
contingencies or conditions, from known sources
and available to the Innovation Platform at the
time of Proposal submittal? - Does the proposal contain sufficiently detailed
commitment letters, including an explanation of
cost share commitment?
11Evaluation of Proposals
TMP Technical Merit and Plan
CS Commercialization Strategy
PG Performance Goals
EQ Experience and Qualifications
BCS Budget and Cost Share
E Exceeds Requirements of the RFP
M Meets Requirements of the RFP
D Does Not Meet Requirements of the RFP
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14 15 - Goal
- Seeks to develop and commercialize new
ophthalmologic instrumentation, new surgical
instruments, new contrast dyes, and automated
software packages that will enhance
high-resolution optical coherence tomography
(OCT) systems.
- Strengths
- Innovative
- Highly Desired
- Previous Success
- Extensive leadership and experience
Budget Requested Total Budget 2,999,709
6,489,271 40 to subcontracts
16 - Market Size
- Device is aimed to become standard screening
procedure for all corneal refractive surgery and
corneal stabilization therapy candidates. - Currently, the vast majority of OCT imaging is
performed on retinal patients. This population
represents approximately 2 million patients in
the US that can receive an OCT exam up to 4 times
a year. Opening OCT to the anterior segment
market adds an additional 11 million cornea and
refractive patients to the potential market for
OCT - Other Economic Objectives
- 10 Technology licenses to Ohio-based companies.
- 5 M in licensing income based on
Center-developed technologies - Formation of 5 new companies
17- Goal
- Resolve existing technical issues of the
polymer-liquid crystal interface, which in turn
will push core products to the next level of
commercial success within 3 to 5 years to achieve
a growth of more than 100 percent.
- Strengths
- Clear Path to near term impact
- Significant long-term potential
- Collaborators will benefit from essentially the
same research without direct competition
Budget Requested Total Budget 3,000,000 6,00
0,000 70 to subcontracts
18 - Market Size
- Total available markets for key KDI product lines
are large. The writing tablet market is projected
to be 145M for 2014. Based on current customer
pull and response, KDI expects 5 to 10
penetration in the accessible market for the HRSE
Boogie Board RIP. Similarly AMI is expected to
demonstrate a 30 increase in market over the
next two years. - Other Economic Objectives
- 10M in follow-on investment
- Continued Enhanced Recognition
- 10M in new sales by 2013-2014
19- Goal
- Build on the market introduction of integrated
positron emission tomography (PET)/magnetic
resonance imaging (MRI) by Philips Cleveland to
achieve rapid market growth and global adoption
of PET/MRI-related products/services in the
global healthcare community.
- Strengths
- Well established capabilities and capacities
- PET/MRI system has superior imaging quality
relative to comparative systems - Strong technical foundation
- High potential for successful commercialization
Budget Requested Total Budget 3,000,000 6,026
,690 5 to subcontracts
20 - Market Size
- Philips the within reach market size will be
at least 1 billion - Cardinal 2.3B by 2018
- Other Economic Objectives
- 46 M in new sales/revenue by 3 years, 113M by 5
years - Attraction of 3 companies by 3 years, 10 by 8
years - Follow-on investment of 13M by 3 years, 22M by
5 years
21- Goal
- Through Additive Manufacturing, develop specific
composites for applications primarily directed at
the aerospace industry in Ohio.
- Strengths
- Cost-competitive and potentially much lower in
cost compared to conventional injection molding - High level of interest from many potential
industrial end-users - Will have a substantial positive economic impact
on the state of Ohio
Budget Requested Total Budget 2,999,050 6,370
,563 60 to subcontracts
22 - Market Size
- The current market size is 1.3B and is expected
to grow to 5B by 2020 as the production of
end-use parts accelerates. - The size of this market, inclusive of all energy
storage technologies, has been anticipated by an
earlier Frost Sullivan report as growing at a
25 compounded rate to reach 6 Billion by 2020. - Other Economic Objectives
- 50M in sales after 5 years
- 1M/ year in new sponsored research
- Potential Expansion of RPM into Daytons
Aerospace Hub
23- Goal
- Leverage the existing capabilities of the
Cellular Therapies Integrated Service, to
establish a facility that will support
accelerated commercialization from basic
research to clinical trials and commercialization
on an affordable, contract basis to researchers
and biotechnology companies.
- Strengths
- Will assist in developing protocols for producing
and releasing cellular therapy materials for
clinical trials that meet FDA expectations - Team has the potential to become a major
contributor in the evolution of this technology
and its commercialization
Budget Requested Total Budget 2,403,875 4,
807,751 20 to subcontracts
24 - Market Size
- The Cell Therapy industry CTI alone (as opposed
to regenerative medicine, which includes small
and large molecules, devices and cells) had
global sales of 410 million in 2008, and is
predicted to grow to 2.7 billion by 2012 and
5.1 billion by 2014 - Other Economic Objectives
- 1M in new sales by end of year 5
- Formation of 4-6 new companies by year 5
- 4M in follow-on investment by year 5
25- Goal
- Develop software and other tools to improve
surgical accuracy in total shoulder and hip
arthroplasty. This proposal includes the
development of products designed to facilitate
pre-surgical planning and improve accuracy of
component placement during surgery
- Strengths
- Significant progress already made towards
objectives - Potential to reduce the cost of orthopaedic
surgery and dramatically improve patient outcomes - Reasonable and well-outlined technical plan and
timeline
Budget Requested Total Budget 2,763,444
5,564,019 50 to subcontracts
26 - Market Size
- Other Economic Objectives
- 15M in new sales by year 3, 50M by year 5
27Final Remarks
- Total state funds requested by the 6 proposals
17,166,078 - The remaining 29 proposals, when ranked against
the RFPs criteria and requirements, scored
significantly lower than the recommended 6 - Thank You!
- The National Academies would like to thank the
State of Ohio for placing its trust in our
process and in our outstanding volunteer
committee members.
28 29- Interviewees
- Not Recommended
30- Goal
- OSU-CAR is proposing to expand their platform to
support a broader penetration of Distributed
Energy Storage Systems through deployment and
demonstration of modular battery systems and
associated power management and software
integration products.
- Strengths
- Well thought-out technical plan
- Solid cost share
Budget Requested Total Budget 2,750,000
5,529,283 36 to subcontracts
31- Market Size
- BPLG estimates the total market size to be 46,
303,359 in 2012 and 130,407,516 in 2017.
Estimated Revenues from BPLs solution are
3,000,000 by 2017. -
- Other Economic Objectives
- First year revenues 1M by 2016, revenues
projected to be over 100M - Committee Concerns
- Lead applicant lacks familiarity in industrial
and distributed power generation - automotive requirements are significantly
different than utility and community-scale needs,
and the proposal fails to make a convincing case
that the team can handle the difference - Proposal lacks specific commercialization and
go-to-market strategies - Proposal does not sufficiently detail the value
proposition of the products or the present
competition - Adoption of smart grid and community-scale
systems likely to exceed the 3 to 5 year
timeframe
32- Goal
- Build on an existing capability to make available
an open architecture hardware-in-the-loop SA
platform, where companies developing SA products
can have their technologies evaluated, certified,
and integrated into fully operational systems in
order to increase consumer confidence and
interest.
- Strengths
- Builds on a strong set of academic, industry, and
Air Force assets - Strong cost share
Budget Requested Total
Budget 2,763,444 5,564,019 60 to subcontracts
33- Market Size
- Air Traffic Control (ATC) equipment market
projected to reach 3.9 billion by the year 2017. - The UAV electro-optical/infrared sensors system
market will grow from 813 million in fiscal year
2011 to nearly 1.7 billion in fiscal year 2020. - Bio- and chemical sensors market is expected to
experience high growth to be worth 13 billion by
the end of 2011, and estimates suggest it will
reach 21 billion by 2016. -
- Other Economic Objectives
- Over 4M/year in new sales in 3 years, nearly 9M
in 5 years - Around 4M in follow-on investment in 5 years
- Committee Concerns
- No discussion of UAV regulations or other issues
associated with urban deployment of UAVs - Serious risk of failure for non-technical,
non-commercial reasons (public reaction) , and
economic impacts will require customers--other
cities--to overcome public resistance to
deployment - It is not clear in the proposal that the Air
Force technology and data to be used in this
system would remain accessible in a
commercialization venture, as opposed to a
military deployment
34- Goal
- Develop and conduct commercialization clinical
trials to support FDA approval and marketing of
two Neuromodulation /Neurostimulation devices
based on the existing platform. One application
will restore hand and arm functions to patients
with upper extremity paralysis due to spinal cord
injury or stroke. The other application will
provide relief of phantom limb pain in post
amputation patients.
- Strengths
- Novel and well-planned technical approach
- Clear solution to unmet medical needs
Budget Requested Total Budget 2,763,444 5
,564,019 90 to subcontracts
35- Market Size
- Restoration of Upper Extremity Motor Function
265k patients with spinal cord injury proposal
estimates revenue of 6M during the first year on
the market, growing to 24M by the third year of
sales. - Treatment of Chronic Pain following Limb
Amputation 1.7M patients with amputated limbs,
95 with chronic pain, proposal estimates revenue
of 28M during the first year on the market,
increasing to 70M during the second year on the
market. - Other Economic Objectives
- Revenue/year by year 3 6M, in year 5 24M
- 5M in sponsored follow-on research in the next 5
years - Committee Concerns
- Proposal fails to disclose the receipt of and
performance resulting from several related prior
OTF awards
36- Goal
- Ohio University proposes to use its
Electrochemical Innovation Platform to transition
two technologies to commercial products (1) a
metal recycling process for used battery cathodes
to recover metals for use in new lithium ion
batteries (in collaboration with BASF
Corporation), and (2) develop a low-cost,
high-accuracy urea sensor for diesel emission
control (in collaboration with E3 Clean
Technologies)
- Strengths
- Metal recycling could significantly reduce the
cost of materials used in lithium-ion battery
cathodes - BASF and Ohio University are highly qualified and
experienced
Budget Requested Total Budget 2,763,444 5,56
4,019 17 to subcontracts
37- Market Size
- Metal Recycling
- Consumer electronics market size 5 to 10B per
year. The cathode is 50 of the cost of the
battery cell hence, cathodes occupy 1B per
year of the consumer electronics battery market.
Additionally, Decreasing the cost of the cathode
would result in a 2 to 3B market opportunity
for cathode materials in the automotive market. - Urea Sensor
- Today, the market size is approximately 700,000
units per year. This is expected to grow to
2,000,000 units by 2016. At 30/sensor, this
translates to a 60M market. -
- Other Economic Objectives
- Over 100M in new product sales by year 5
- New jobs pay nearly double the local prevailing
wage - Committee Concerns
- Projects are essentially separate, result
untenable management plan - No OEMs are presently onboard with the
commercialization plan of the UREA sensor - Insufficient details supplied on the metals
recycling process and alternate pathways
38- Goal
- To establish an Innovation Platform for Solar
Photovoltaics (IPSPV) at the University of
Toledo, which will support the near-term
commercialization goals of four Ohio-based
companies. In each case, the collaborators have a
product that requires additional PV research in
order to accelerate market entry and sales growth
- Strengths
- Technical tasks are achievable
- Team has extensive experience
Budget Requested Total Budget 2,763,444 5
,564,019 50 to subcontracts
39- Market Size
- WK The US electricity market was 400B in 2009.
Costs of electricity are going up at rate of 7
per year, accelerating the time to grid parity
cross over for PV. The US Electricity market had
1000 GW of capacity in 2006. - Isofoton the HCPV market is currently 0.5 of
the worldwide PV Market. The PV market has grown
at about 40 year on year for last 15 years with
26 GW installed in 2011. So the size of the
market in 2001 was roughly 120 MW. Isofoton
expects the HCPV market will grow at about
40/yr., which translates to a size of 168 MW in
2012, 235 in 2013, 329 in 2014, 461 in 2015, 646
in 2016 -
- Other Economic Objectives
- Over 135M in total revenue by year 3, over 300M
in year 5 - Other details listed as trade secrets
- Committee Concerns
- Questionable past performance on OTF awards by WK
- Recent layoffs and decision to re-tool operations
at WK raise serious worries regarding succesful
completion of the project - Overall solar market may not be receptive to the
new products described in the proposal
40- Goal
- The team will characterize, grow, pattern, and
otherwise process compound semiconductor samples
and give advice and recommendations regarding the
design of a proposed cryogenic electro-optic
probe station. Two of the projectsthe
development of new infrared-detector arrays and
the growth of bulk gallium nitride (GaN)clearly
advance the state of the art and can be
accomplished in the 3-year timeframe.
- Strengths
- The project makes good use of the different
strengths and capabilities of the participants - Extensive experience with semiconductor device
materials
Budget Requested Total Budget 2,763,444
5,564,019 26 to subcontracts
41- Market Size
- CE For IRTAS there is 20M/year market size for
the next 3-4 years. For Microcam, 20M/year in
sales are anticipated for the next 3-4 years. - Momentive world-wide, possibly over 400M by
late 2013 - Lake Shore A recent 2010 report on the IR
imaging market says it expects that the overall
thermal market will be more than 1.1 million
units in 2016 (3.4 B in value). - Other Economic Objectives
- Revenues from new products at least 66M/year by
year 5 - Become an international center of
semiconductor-based sensor technologies - Committee Concerns
- Commercialization strategy is flawed using the
supplied numbers, it is impossible for the 4?
GaN wafer project to show a profit in the
foreseeable future. - Distinct impression that the project is designed
more to provide opportunities for NWL than to
create jobs or economic impact in Ohio - General lack of overlap between the MPM project
and the rest of the group
42- Goals
- Collaborating with OEMS, this proposal will
leverage CWRUs expertise to assist companies
with development and commercialization of new
products - (1) with QED, to develop new radiofrequency (RF)
breast-coil-biopsy-plate systems dedicated to the
significant reduction of false positives and
false negatives in breast cancer diagnostics - (2) with Philips Medical Systems, Inc., to
develop RF spine coils for both excitation and
detection of proton signals for ultra-high-field
scanners and - (3) with Hyper Tech Research, Inc., to develop
MgB2 designs of magnetic resonance imaging (MRI)
systems utilizing higher-temperature
superconducting main magnets in order to reduce
the need for liquid helium.
- Strengths
- OPTIMISEs industrial partners include all five
leading OEMs - Excellent experience in the field
Budget Requested Total Budget 2,763,444
5,564,019 70 to subcontracts
43- Market Size
- QED total world potential market for the
products can be estimated at 45M by 2015 - Philips The current annual market remains flat
at around 6 or 7 systems per year. Growth will
come however as 7T demonstrates diagnostic
advantage relative to 3T and achieves regulatory
clearance - HT Overall market for magnets in this space will
be approximately 250 million in the U.S. - Other Economic Objectives
- Over 20M in revenues/year by year 5
- General expectation of Benefits to Personal
Wealth, Follow-on Investment, Recruitment of
Talent and Enhanced Global Recognition - Committee Concerns
- The proposal does not convincingly detail an
established platform for the intended projects
44Committee Membership
- Committee members were recruited based on
technical expertise as well as experience with
business practices, technology transfer, venture
capital, and economic development. - Bias and Conflict of Interest
- Potential members reviewed full list of
participating institutions and collaborators
before nomination - After nomination, each member completed bias and
conflict forms which were reviewed by NRC staff
and discussed by the committee
45Committee Membership
T. S. Sudarshan, Chair CEO and President,
Materials Modification, Inc. Viola L.
Acoff Head and Professor, Dept. of
Metallurgical and Materials Engineering, Univ.
of Alabama Catherine G. Ambrose Associate
Professor of Orthopaedic Surgery, Univ. of
Texas David E. Aspnes (NAS) Distinguished
University Professor, Dept. of Physics, North
Carolina State Univ. Carol Cherkis Life
Sciences Industry Consultant, NewCap
Partners David E. Crow (NAE) Senior VP, Pratt
and Whitney (ret) and professor emeritus of
mechanical engineering at the Univ. of
Connecticut
- Paul A. Erickson Associate Professor,
Mechanical and Aerospace Engineering, UC Davis - Bruce Gitter
- Senior principle scientist and manager of
nuclear medicine imaging, Covance Laboratories,
Inc. - Jahan K. Jewayni Independent Wealth Management
Consultant - Matt Jones
- Partner, Nth Power
- Mohammad A. Karim Vice President for
Research Old Dominion University - Chester Kolodziej
- Executive Director, Freedom Field Renewable
Energy, Inc
46Committee Membership
Laura Mazzola Vice President of Global Health
Products, Wave 80 Biosciences Trent
Molter Associate Research Professor and
Business Development Officer, Center for Clean
Energy Engineering, Univ. of Connecticut C.
Bradley Moore (NAS) Professor of Chemistry
Emeritus at Univ. of California, Berkeley Nabil
Nasr Director, Center for Integrated
Manufacturing Studies, Rochester Institute of
Technology Arthur L. Patterson President and
CEO, CMC, LLC Shalini Prasad Professor of
bioengineering at Univ. of Texas, Dallas
- Lloyd M. Robeson (NAE)
- Professor of Materials Science and
Engineering, Lehigh Univ. and Principle
Research Associate, Air Products and Chemicals
(ret) - Subhash C. Singhal (NAE)
- Independent Consultant and Battelle Fellow
Emeritus, Pacific Northwest National Laboratory - Norman A. Wereley
- Professor and Associate Chair of Aerospace
Engineering, Univ. of Maryland - Jim Wheeler
- Senior Vice President of Economic
Competitiveness Policy and Research, Thomas P.
Miller and Associates - Raul E. Zavaleta
- CEO, Indigo BioSystems, Inc.
47Committee Process
- First meeting April 19-20, 2012
- ODOD Presentation on IPP
- Extensive discussion on all proposals
- Through consensus, selected 13 proposals for
future interviews - Between meetings, committee members continued
in-depth evaluation of the 13 interviewees,
including examination of their financial and
technical viability - Second meeting May 30-June 1, 2012
- Held 13 interviews
- Each 50 minute session was conducted in true
interview format - After Interviews, held a final dialogue with ODOD
staff - Prior performance of interviewees on prior OTF
grants - Requirements and objectives of the IPP
- Through consensus, committee determined which
proposals best satisfied the requirements of the
RFP and their respective rank-order