ITI Scotland Limited. David Creed Group CEO
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- Jemimah Lamb
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1 ITI Scotland Limited David Creed Group CEO
2 ITI Context In essence, the creation of the ITI in 2003 had two main objectives: To create high growth, high value technology companies in key future markets by means of maximising the potential of Scotland s unique strengths (energy, life sciences, and communications/digital media). To invest in a critical and missing component of the infrastructure that will in turn provide broad ranging and long term local (systemic) and international (attractiveness) benefits.
3 The Innovation System View Global Markets Market Opportunity Companies 50% of UK Average R&D Companies R&D Technology Transfer Science Base Basic Research (150% of UK Average) Intermediaries Intermediaries Supporting Company Growth Company Growth After OECD Managing National Innovation Systems 1999
4 ITI Operating Model Diagram Market research focus Commercialisation assessment Company Building for HGTC Market Foresight Define Knowledge Needs Manage Research Portfolio Facilitating People Movement Manage Knowledge Codified / Tacit Prospect Development Prospect Commercialisation Enabling IPR Licence Scottish Based Member Licence Non Scottish Based Member ITI Scotland Proof of Concept Work Sell Non-Core Intellectual Property The approach taken by the ITI model allows for various diffusion routes including those described above, but it is optimised to help create more High Growth Technology Companies. Fundamentally the ITI s aim to produce new knowledge that is commercially exploitable in specific market area.
5 Research & Development Deliverables R&D programs (TM) R&D programs (En) R&D programs (LS) 22 Games R&D Based programs Learning under Interior management Surface Coating Machine Readable Security Tagging 7 programs completed to date Materials 6 scheduled to complete up Battery to and Management during FY08/09 Development tools System 9 programs ongoing On-Line Games Ultra-Wideband Wireless Bio-Sensing Platform Condition Based Monitoring (Animal Health) 10 new program potentials Wind Turbine targeted Lifting FY08/09 plus 2 Backlighting using Device Polymer Optics extensions Software Integrity Engineering Chronic Wound Care 122 Explosives patents Detection filed to date across the program portfolio Video Analytics Hydrogen Handling Large Scale Power Storage Rechargeable Batteries Composite Pipeline Structure * Advanced Power Networks Resonance Enhanced Drilling Offshore Blades EV/HEV Emerging Fuels Lifetime Florescence Assay Text Mining Cardio Biomarkers Stem Cell Technologies Transgenic Screening and Safety Models * Ubiquitin Proteasome Systems Drug Delivery Targets Systems Biology Non & Minimally Invasive Techniques
6 Commercial Deliverables Licensing/Commercial deals completed to date. 9 concluded across ITI Scotland Development licenses awarded drives demonstrators for customer capture 3 new start-up companies created and raising funds/recruiting staff A number of companies have been attracted to establish operations in Scotland with others in discussion e.g. Plurion, Sub 1, SupplySure, SMI, Cellartis Platform Technologies driving other opportunities outside main program activity e.g. Meta-programming, Text Mining, Bio-Sensors..
7 Other key issues Research Providers and Commercial Partners Over 70 organisations involved across portfolio Over 500 researchers engaged across the program portfolio Membership Tiered subscription based around company size Joint collaboration/development with other bodies Fore-sighting reports published to the membership with 8 planned for FY08/09 Additional funding captured Up to 2.7m from June 06 to June 08 (ERDF) Application submitted for period January 2008 to January 2010
8 Scottish Enterprise supported programmes Companies of Scale ITIs Venture IPOs M&As SMART SPUR Seed Fund Coinvestment POC RSF NHGU Investment Readiness Support Growth Potential Ventures POC Proof of Concept Programme RSF Royal Society of Edinburgh Fellowships NHGU National High Growth Unit ITI Intermediate Technology Institutes
9 ITI Scotland Limited David Creed Group CEO
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