Role of Science Parks & Incubators in Cluster Development: Case Study of IKP Knowledge Park Towards Facilitating Global Outreach of European and Indian Innovative Clusters December 1, 2010, Delhi Deepanwita Chattopadhyay MD & CEO, IKP Knowledge Park
Cluster Development Models Success of local entrepreneur Bill Gates, Dr Anji Reddy Local Role Model Driven Anchor Company Model Spin offs from large co / empl. starting new ventures Basel Downsizing of companies/ world event Closing of Indian Drugs & Pharmaceutical Ltd. Event Driven Model University IP Based Model Commercialization of Innovation through VC Silicon Valley, Boston One or a combination suitable based on economic, industrial and innovation environment of the region
Elements of a Cluster R&D Institutions with strong industry Linkages Life Science Parks/ Incubators to nurture SMEs Anchor companies, Innovative SMEs, Startups INNOVATION CLUSTER Seed Elements Support Services Companies vendors, equipment suppliers, law firms Good common Infrastructure, Testing facilities, regulations Monitory incentives, Tax breaks, Bank loan, Seed Fund, VC
Indian Life Science Clusters PERD, NIPER NIPER PGI Chandigarh IMTECH IISER Proposed Agri Biotech Park Savli Biotech Park Proposed Biotech Park in Ahmedabad MS Univ Baroda TIFR IIT Bombay, Univ of Mumbai National Chemical Laboratory National Centre for Cell Sciences Pune University, IISER International Biotech Park Indian Institute of Science National Centre for Biological Sciences Jawaharlal Nehru Centre for Advanced Scientific Research University of Agricultural Sciences Stem Cell Institute IBAB, ABLE DBT, DST, CSIR, DP, ICMR, ICAR Translational Health Sciences Cluster National Institute of Immunology ICGEB Institute of Genomics & Integrative Biology National Brain Research Centre JNU, Delhi University CDRI, IITR, CIMAP, NBRI Lucknow Biotech Park Indian Inst of Chemical Biology IIT Kharagpur Bose Institute Dept. of Biotechnology, CU IISER, DBT Institute, Haringhata Indian Institute of Chemical Technology Centre for Cellular & Molecular Biology Centre for DNA Fingerprinting & Diag National Institute of Nutrition, ICRISAT University of Hyd, Osmania Univ IKP Knowledge Park, SP Biotech Park Anna University IIT Madras TICEL Biotech Park Women s Biotech Park
Lifescience Innovation Ecosystem of Hyderabad Genome Valley Cluster - 600 sq. km in three blocks around Hyderabad designated for life sciences growth Hyderabad Pharma Cluster - organic growth Life Sciences R&D institutions CCMB, IICT, CDFD, NIN, ICRISAT, ILS, Univ of Hyderabad, Osmania University etc. Biopharma Companies Dr. Reddy s Laboratories, Shantha Biotechnics, Indian Immunologicals, Bharat Biotech, Biological Evans, Suven Life Sciences etc. Contract Research Organisations Vimta labs, GVK Biosciences, Sai Advantium,, Aptuit Laurus etc. Hospitals, clinicians involved in R&D and clinical research 3 operational Life Science Parks, 2 under development 4 operational incubation centres Dedicated biotech fund - Venture East
IKP Knowledge Park India s first Wet Lab Research Park in Hyderabad core of Genome Valley Cluster Mission : To create a world-class centre for leading-edge businessdriven research Objective : To encourage and nurture an environment for innovation by developing a life science park Focus areas : biotechnology, pharmaceuticals, new materials and telecommunications Anchor Founders : ICICI Bank & Govt Andhra Pradesh Companies Structure : Not for profit Ownership : 100% by IKP Trust Operational : Since June 2000 On Offer : Land, lab space, Incubator (lab, equipment, mentorship), funding, technology licensing Lab tenants Incubatees/ Startups
Profile of Resident Companies 45 companies/organisations so far 16 Graduated 29 Present 25 residents, 2 R&D Centres taken land, 2 associates 71% into product /technology development 25% Contract Research Companies; 4% Regulatory Over 70 patents filed /granted Companies by location/ownership Japanese German 4% Israeli 4% 4% Local 39% Companies by Size MNC 31% Startup 31% US 18% NRI 19% National 12% Large Indian Co 11% SME 27%
Companies at IKP
Technology Commercialization from National Labs Reviewing technologies from National R&D labs Ongoing collaboration with CDFD (DBT National Lab) to commercialise technologies developed at CDFD by forming venture teams (CDFD-IKP Fellows) Unique experiment in India ; if successful could become a sustainable commercialization strategy for National Labs CDFD-IKP Fellows to work on technology validation at CDFD Visit IKP once a week to discuss IP strategy, market strategy, business plan, valuation, finance and interact with companies at IKP Offered 20 acres land to CDFD to build its permanent campus at IKP campus Would result in long term collaboration
Addressing the Funding Challenge USD 400,000 Seed Support Fund for incubating ideas/proof of concept USD 22 mn early stage Venture Fund Objective: To support IP based innovative companies during its proof of concept period and make them ready for the traditional VC market Focus areas: Pharma, medical devices & diagnostics, wireless technology, automotive infotronics Around 70% proposals received for investment focus on serving large underserved populations In talks with govt departments, Wellcome Trust, Gates Foundation
National Award for best Incubator- 2007
IKP Innovation and Growth Strategy Science Park Incubator ICTPH, ICAAP India Innovation Fund Commrl. of Technology from R&D inst. Collaborations 2000 2006 2008 2009 2010
Collaboration with European Clusters/STPs Policies on Innovation Clusters need to include and involve STPs STPs are a powerful tool for developing new innovative companies, improving the existing ones and creating a culture favorable to the growth of Knowledge Economy IASP and its European Division important collaborators of IKP and the Indian STP movement What role can IKP play in European Clusters?
Thank You