OFFICE OF RESEARCH, INNOVATION + ECONOMIC DEVELOPMENT

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1 OFFICE OF RESEARCH, INNOVATION + ECONOMIC DEVELOPMENT The Role of Universities in Business Development Te r r i L. L o m a x Vice Chancellor for Research, Innovation + Economic Development N o r t h C a r o l i n a S t a t e U n i v e r s i t y

2 Technology Transfer Outcomes 739 U.S. Patents (> 1,500 total) 800+ License Agreements with Industry Partners More than 150 products to market 7 th in industry-supported research in the U.S. (among public universities without medical schools) 3 rd Nationally in Industry Licensing Partnerships/ $100M in research expenditures

3 Technology Transfer Impact Our role in changing the world includes: The world s first synthetic aorta SmartFresh preventing fruit and vegetable loss NMR LipoProfile Test -- first test to measure the risk of heart disease accurately Lightweight, fire-resistant, and biological agent-resistant turnout gear for first responders Statistical software that lead to the creation of SAS Nanocoatings that, when exposed to light, kill or inactivate bacteria and viruses

4 Diversification and Growth of our Regional Economy Named Animal Outstanding Health Research Park Textiles - Association of University Research Parks (AURP) Human Health LED Power Transistors 60+ partners 3,500 employees 3,400 students 1,350 faculty > 80 Startup Companies Formed > 3,100 Jobs Created in NC > $1.5B Venture Capital Invested Pharmaceuticals

5 Centennial Campus Named Outstanding Research Park - Association of University Research Parks (AURP) 60+ partners 3,500 employees 3,400 students 1,350 faculty

6 Affiliate Relationships College of Textiles Nonwovens Cooperative Research Center (NCRC) College of Management Center for Innovation Management Studies (CIMS) Analytical Services Institute for Maintenance Science and Technology (IMST) Heat exchanger corrosion analysis Filtration media loading analysis Analytical Instrumentation Facility Precision cutting/sectioning High magnification imaging Chemical composition analysis Department of Soil Science Water chemistry analysis NCRC Supplier product validation Centennial Campus Keystone Science Center Research & Development Institute for Next Generation IT Systems (ITng) & OSCAR Lab Future automation technology development Big Data management Applied analytics and control algorithms Electrical and Computer Engineering Dept. Robotics Energy efficiency and renewable control Component level demand response capabilities NCRC Biodegradable filtration media Flat sheet/pleated cartridge performance CIMS Innovation Management Maturity Assessment Value Innovation Quotient MBA student practicum New Business Opportunity Aquaculture 6

7 The Role of University-Industry Center and Institutes Building Partnerships and Impact Centers & Institutes draw more than 150 partners including some of the top names in industry:

8 The Nonwovens Institute - >70 Industry Partners Nonwovens Products Copyright, NWI, NCSU,

9 Innovation Attracts Investments in North Carolina Tier 1 Tier 2 Year Nonwovens Company County Jobs Investment ($M) Country 2003 AFG Wipes Rockingham 200 $30 Israel LiveDO Wilson 75 $35 Japan Jacob Holm Buncombe 70 $40 Switzerland 2004 Dalco Nonwovens Catawba 200 $7 US Kimberly Clark Corp Davidson 0 $40 US Avgol America Inc. Davie 25 $25 Israel Spuntech Industries Ltd. Person 65 $30 Israel DSM Dyneema Pitt 60 $50 Netherlands Avgol America Davie 40 $27 Israel 2005 Polymer Group Inc. Iredell 49 $40 US DuPont Lenoir 66 $55 US Hof Textiles, Initial Inc. Investments Lincoln 6 $3 Germany FMS Enterprise Lincoln 25 $4 Israel LiveDo USA, Inc Wilson 25 $10 US Total Carolina Nonwovens Iredell 20 $10 US 2006 Freudenberg Nonwovens Ltd Durham 5 $6 Germany Vescom America $689 MILLION Vance 75 $9 US Colbond Inc Buncombe 46 $7 US 2007 Polymer Group Inc. Johnston 4 $17 US Hanes Geo Components Forsyth 212 $4 US 2008 Hof Textiles, Inc. Lincoln 15 $3 Germany Providencia USA Iredell 56 $115 Brazil 2009 Shalag Industries Ltd. Granville 42 $17 Israel Marves Industries Burke 66 $2 Mexico Providencia USA Iredell 28 $60 Brazil 2011 Avgol Davie 42 $35 Israel Dalco Catawba 13 $9 US

10 Education & Training Services Undergrads Graduate Students Faculty & Postdocs External Partners Entrepreneurship Initiative (Provost) egames Entrepreneurship Conc & Minor (COM) Entrepreneur Program (COE) Entrepreneur & New Product Dev (COT) Innovation GAPS TEC Program and Grad. Certificate (COM) GAP Education and Training Global Health Case Competition (OIA) Venture Pitch Competition (COM) Leadership and Innovation Showcase (COM) GAP Education and Training GAP Relationship Management and Coordination SBTDC (VCEEED) Industrial Extension Service (COE) NC State Incubator Center for Innovation Management Studies (COM) Funding Office of Technology Transfer (OTT): Inventor Resource Center Technology Brokering and Intl Partnership Intellectual Property Committee Intellectual Property Licensing TechRevolution Series NC State Innovation Showcase GAP Proof-of-concept, pre-seed, seed, and early acceleration funding Daugherty Endowment ($25K/yr) SBTDC IES CIMS (COM)

11 The Need: Navigating our Innovation Components College of Management Center for Innovation Management Entrepreneurship Education Initiative Humanities & Soc Sciences Office of Extension, Engagement, and Economic Development Office of Research Development Services and Production Innovation Management Initiative (SPI) College of Vet Med Sponsored Programs and Regulatory Compliance Services How would you find: Agriculture & Life Sciences Office of Research + Innovation Physical & Math Sciences Corporate and Foundation Relations Subject Matter Experts? College of Education Research Sponsorship College of Design Natural Opportunities? Resources Access to IP Portfolio? Executive Education and Training? Venture Capitalists Angel Investors Innovation Events and Council for Entrepreneurial Networking? Development (CED) Patentability of IP? NC Biotechnology Center (NCBC) Business Plan Development Research Triangle Institute (RTI) Partner Universities Support? Potential Collaborators Prototyping & scale up? NC State s Graduate School Startup company support? TEC Program: Technology Office of Postdoc Affairs Entrepreneurship & Venture capital Commercialization opportunities? Office of Technology Incubator Seed funding? Technology College of Textiles Commercializatio Grad Students? College of Engineering Small Business and Technology Dev. Center n Student Opportunities? Centennial Campus Partnership Office Engineering Entrepreneurs Program Innovation partners on Proposal Development Support and Training Centennial Campus? Research Center information? Where would you start if you were an R&D exec or a new faculty member???

12 The Solution: Springboard Springboard is where people and organizations with an interest in innovation can discover ways to engage, collaborate, and partner with NC State. Our goal is simple: we want to make NC State the easiest university to work with. North Carolina State University 2011

13 Solution: New Innovation Components Springboard Training Partnerships Concierge Partnership Council Innovation Board New Venture Services Chancellor s Innovation Fund New Analytics Tools Streamlined License New Patent Policy New Innovation Awards New Venture Partners Blackstone Entrepreneurs Accelerating Commercialization of Technology (ACT)

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15 OFFICE OF RESEARCH, INNOVATION + ECONOMIC DEVELOPMENT Terri L. Lomax

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