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NDW is a technology development accelerator Develop and demonstrate novel models for commercialization success that leverages Lab-wide, cross-cutting capabilities We validate, de-risk, and support the transfer of Nanotechnology People – Ideas – Capabilities – Industry Contacts WHY NANO? WHY NOW? Revenue nano-enabled products: …not only in Nano Total global 2010 $339B 2012 $731B 2018 $4.4 trillion Spending in Nanotech in 2012: Change in Spending 2010 to 2012: Total global $18.5B (USA 36%) Gov. reduced spending by 5% Fed. and state $2.1B Corps increased spending by 21% US Corps $4B 2 *Data from LUX report “State of the Market”, Feb 17th, 2014 WHY ANL? ONE OF THE FEW REMAINING LG. RESEARCH LABS… Science-driven technology has been responsible for over 50% of the growth of the U.S. economy during the last half century. 3 NDW : a Matrix Element- Linking Nanotech Expertise . Provides single POC for Nanotech at ANL 1600+ scientists and engineers in Divisions . Assemble tailored multidisciplinary teams from across ANL . Independent review and selection to co-fund projects with best commercialization potential Directorates NST HEP MCS MSD ES, GSS ES, CSE, APS APS CSE, Xing Chen Ani Sumant David Martin Paul Fous NDW Jeff Elam Baofu Qiao Seth Darling Marcel D. NE Physics, Bio, Ali Erdemir Shashi Aithal Mike Pellin Xiao-Min Lin ??? Tao Sun team Singh Dileep Ray Bair Ted Krause NDW: Concierge and Startups NDW+TDC IP-Group/ Chain Reaction “Concierge” FedImpact startups @ANL Project 1 NewCo 1 CRADA/LDRD CIF / AMO … … CIF / AMO / SBIR CRADA TCF CRADA SBIR / private CRADA SBV CIF Evolution Revolution Slide 5 A. Roelofs, NDW NDW the Concierge to industry . We have funding! . Understand Argonne’s capabilities and talent . Understand Industry needs – Actively reach out to industry (e.g. Qorvo, ES division) – Form “all-star” teams across divisional borders “Concierge” WBG - inductor Q: $150k / ANL: $50k CRADA / LDRD Slide 6 A. Roelofs, NDW Additive Manufacturing a potential opportunity for Argonne? . Two existing LDRD projects – Metal “printing” (laser anneal) at APS – Polymer printing with SIS step . Should we add theory/modeling? . Have all three teams talk… . Visited Chicago 3D printing company Sciaky / talked to Fraunhofer . LUX reports on 3 D printing / LUX Research to interview modeling company “Concierge” Additive Manfuct. Partner? LDRD 1 LDRD 2 $$ LDRD 3? Slide 7 A. Roelofs, NDW NDW Potential Projects 8 Startups on Argonne’s Ground - CRI . Chain Reaction Innovation . Model is taking shape: – Solicitation open NOW! – Funds from AMO (Mark Johnson) – Similar to Cyclotron Road at Berkeley – Engagement with CIE and Northwestern – Search for external partners/mentors Chain Reaction startups @ANL NewCo 1 CIF / AMO Slide 9 A. Roelofs, NDW CHAIN REACTION INNOVATIONS drhgfdjhngngfmhgmghmghjmghfmf PROGRAM OVERVIEW ANDREAS ROELOFS 7/20/2016 CRI – INCUBATOR AT ARGONNE . Developing energy technologies, greener manufacturing processes or advanced materials requires: – Patient capital – Access to diverse expertise, complex tools and facilities – Sufficient development time Department of Energy’s Advanced Manufacturing Office (AMO) and Argonne National Laboratory created a new innovation accelerator program for technology entrepreneurs called Chain Reaction Innovations (CRI). 11 A HIGH-TECH ENVIRONMENT IN WHICH TO SCALE . First time entrepreneurs to be embedded in a national laboratory in the Midwest. Gives innovators financial and technical support to mature energy and science products to the proof-of-concept level where they can launch into the marketplace and access conventional sources of financial support to scale. 12 CRI BRIDGES THE VALLEY OF DEATH Early Stage Investment, Manufacturing and Innovation Deployment CRI GIVES SUPPORT IN FOUR KEY WAYS Two Years of Access to Mentors to Connections Salary R&D Develop to Investors And Office Expertise Business And Space Inside and Plans and Commercial Argonne Facilities Go-To-Market Partners Strategies 13 A DIFFERENT KIND OF INCUBATOR: STARTUP IN A NATIONAL LABORATORY World-class R&D support at Argonne • $760 million annual budget • 3,298 employees • 1,623 scientists and engineers • 15 research divisions • 5 national scientific user facilities Unparalleled access to an innovation ecosystem • Advisory network of business mentors • Connections to commercial partners and investors • A vibrant network of area innovation and accelerator resources 14 STIPEND, TRAVEL ALLOWANCE, AND BENEFITS • Provided by a US DOE fellowship program (ORISE) • No constraints upon your IP • Full personal health benefits • Relocation expenses covered up to $5,000 • Pay scale • Base salary: $88,800 • Travel allowance: $20,000/year IP TECHNICAL SUPPORT • Argonne’s assistance in conducting R&D • Dedicated lab and office space • Up to $350k funding for technical work at Argonne • IP generated within the CRADA follows the inventor • Advisory network of business mentors • Connections to commercial partners and investors 2 1 Seed money, and 3 Identify best technical and Launch into innovators/ business market ideas mentorship CHICAGO: A VIBRANT INNOVATION ECOSYSTEM Materials Computation/Parall Engineering Engineering el Computing User FermiLab Kellogg Facilities Computation Chicago Booth Tech Transfer Engineering UIC Molecular Medical UChicago/ Genetics ANL Engineering Northwestern SISE Polsky Center Biotechnology IIT Chicago Medicine/BSD Nanotechnology Illinois Chain UChicago Tech Hyde Park InnovationReaction Proof of Angels Innovations Concept Ecosystem Funds OCA Ventures Industry Meet- Angel/V ups Public Sector C Funds Accel- New World Sandbox erators Ventures Mentor ARCH Incu- Polsky Summer Wildcat Angels -ship bators Incubator Accelerator Chicago- i2A Fund lightbank 1871 Healthbox area Chicagoland Excelerate Labs Industry Entrepreneurial Clean TechNexu Code Academy Impact Engine Center Energy Trust s at ITA Access to capital Technical resources Mentorship & Coaching Network Building 17 Cohort Benefits WHY IT MATTERS • Reduced start up time and cost for your company • No need to buy expensive equipment for an individual lab • De-risks technologies to improve performance and market acceptance • Fast access to equipment enables development pivots • Validation, scale-up, and predictive modeling tools increase consumer and investor confidence • Fabrication facilities • An ability to work full-time on your startup • More collaboration time and partners means better products and faster development 18 ELIGIBILITY Requirements: • Technical lead: • Minimum of 5 years relevant technology R&D experience • First time technical founders • Are U.S. citizen or permanent resident • Individuals or small teams may apply • Must have the potential for broad impact that aligns with DOE’s mission to advance the national, economic, and energy security of the United States. • Projects that have raised more than $1M in private-sector funding are not eligible 19 Benefits to ANL PIs COLLABORATION WITH CRI INNOVATORS HAS FOUR MAIN BENEFITS • New Ideas and contacts come to the lab • New funding sources for your work • An Opportunity to get your IP licensed • An Opportunity to Increase your impact 20 Benefits to ANL PIs INNOVATORS BRING NEW IDEAS • Work on challenging industry problems • Joint publications in journals • Unlike Fortune 50 companies, startups and innovators need to publish to attract attention • Create joint IP with innovators • License your IP to innovators to receive royalties • Connections to create a pipeline for future CRADA work 21 Benefits to ANL PIs NEW FUNDING FOR YOUR RESEARCH • CRI innovators brings money into the lab to: • Buy equipment or add-ons • Fund a postdoc • Pay for collaboration with PIs • Innovators must attract additional funding and grants, which can fund: • Additional Work for Others • CRADAs • ANL PIs can leverage CRI work to receive: • Funding through SBV, ARPA-E, DARPA, etc.. • LDRD monies 22 Benefits to ANL PIs INCREASES THE IMPACT OF YOUR SCIENCE • You can witness your ideas being used • Your work can help launch new industries and create jobs • Your work can help address societal challenges in energy, heath, and security in a myriad ways: • Bring power to populations in undeveloped countries • Reduce greenhouse gases • Create sustainable energy sources • Create sustainable products that lessen reliance on rare earth materials and foster greener manufacturing processes 23 An idea becomes useful when it becomes a product BENEFITS OF COLLABORATING • The Innovator has money to pay for research • You can together attract additional funds • You can publish and create IP together and the innovator can license your IP • Increase the chance of your science to have a big impact 24 CHALLENGES WITH CLEANTECH INNOVATION Cleantech ≠ Software (or Pharma) thebreakthrough.org/blog/Valleys_of_Death.pdf Breakthrough Institute Nov 2011 25 CHALLENGES WITH CLEANTECH INNOVATION Cleantech ≠ Software (or Pharma) http://cleantechiq.com/2013/11/pwcmoneytree-q3-cleantech-vc-funding-decreased-20-to-297m/ 26 Sign up at [email protected] to get notified of potential CRI innovators to collaborate with on R&D in your area. People – Ideas – Capabilities – Industry Contacts 28 Office of the Director Peter Littlewood Director’s Governance Board Chair: T. Combs (EGS), H. Weerts (PSE), R. Stevens (CLS), S. Streiffer (APS), G. Morin (SIO) Divisional Adv. Panel E. Bunel (CSE) Supratik Guha (NST) NDW Leadership Don Hillebrand (ES) External Adv. Board A. Roelofs, Director Mike Norman (MSD) TBD, investors B. Ullrick, Dep. Director* P. Noirot (BIO) (J. Flavin?)
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