Engaging-Researchers-on-and-off-Campus-to-Nurture-Sustainable-Corporate-Partnerships-

Engaging Researchers on and off Campus to Nurture Sustainable Corporate Partnerships Peter Dorhout, Kansas State University Joseph Heppert, Texas Tech University K-State Strategic Private Partnerships Current Drivers of Success: Improvements to be made: Significant time engagement to determine what is important to the company Diverse teams allowed for diverse discussions –KSU exposed to unknown company needs and Partner was exposed to unknown KSU capabilities Set company and university leads and improved communication, both with company and internally Continued progress between SPPG meetings Followed the relationship Develop metrics for “What is a strategic partnership?” Identify additional potential strategic partners Improve internal communications Prioritize this initiative campus-wide Build additional bandwidth Professional Development for faculty Increasing brand awareness to attract talent Many different ways to connect with K-State: Providing solutions to K-State Engaging K-State alumni and friends Investing in programs and facilities to solve challenges Locating in proximity to K-State talent and innovation Supporting projects to improve your bottom line Continuing education and professional development Tiered approach to corporate engagement: Strategic Partners: • Relationship manager(s) and coordinated team • Customized, streamlined solutions developed with the strategic partner • Strategic research agreement – talent centers Non-Strategic/Potential Strategic Partners: • Collaborative effort to expand the relationship (support units, college & department leadership) • Facilitated, centralized multifaceted engagement • Master Research Agreement Transactional Relationships: • Coordinated training (e.g WWIBC) to support faculty relationships with industry • Referral to appropriate support units Holistic Transparency Accountability Communication and Clarity K-State Strategic Partnership Engagement Leadershi p Meeting • Strategy validation • Tracking • Partnership ID Comprehensive Proposals I-Teams • Strategy Creation • Strategy Implementation • Communication Reports Leadershi p Meeting • Strategy validation • Tracking • Partnership ID Leadership Travel/ Campus Visits I-Teams • Strategy Creation • Strategy Implementation • Communicate Execution/Remove Barriers Talent Company A Procurement Athletics Before SPPG Programs and Facilities Economic Development Research Continuing Education and professional development Talent Company A Procurement Athletics After SPPG Programs and Facilities Economic Development Research Continuing Education and professional development Engaging Researchers on and off Campus to Nurture Sustainable Corporate Partnerships Peter Dorhout, Kansas State University Joseph Heppert, Texas Tech University Key Components of a Vibrant Corporate Partnership Ecosystem Infrastructure • Incubators • Core research facilities • Research/Innovation parks or designated joint development spaces • Outward-facing expert databases Academic and Curricular • MBA degree programs • Entrepreneurship education programs Offices and Programs • Research Centers and Institutes • Endowment/Advancement office • Research commercialization office • Student internship programming • Alumni Association/College alumni offices • Corporate engagement office or embedded corporate engagement personnel • Research consortium partnerships Aspects of Institutional Culture that Promote and Drive Sustainable Industry Relationships • Intellectual property—ownership, licensure, etc • Consortium partnerships agreements • Corporate philanthropy • Sponsored research/contracts • Fee for service activity • Consulting • Promotion and tenure • Startup/spin off formation Questions in Realigning a Corporate Partnership Ecosystem • What factors seem to drive sustainable industry/faculty partnerships? • What events/activities does your institution sponsor to foster existing faculty/industry interaction? • What intentional strategies is your institution using to foster new industry partnerships? • Which components of the corporate partnership ecosystem are most closely integrated and due to their integration provide the greatest support for faculty/industry collaboration? • What key performance indicators are most useful for evaluating your university-industry partnerships? New Institutional 501C3 Platform for Supporting Corporate Partnerships WE LAUNCH STARTUPS Market/Technology Readiness Level relevant Basic Science and Research Market Ready Innovation and Commercialization SBIR/STTR Private Capital Funding Increased License & Startup Opportunities Source: GAO Best Practices https://www.gao.gov/assets/680/679006.pdf PROGRAM BUCKETS Ideation Step Commercialization Acceleration Commercialization Timeline Division of Diversity Equity & Inclusion August 15, 2018 THE TEXAS TECH INNOVATION HUB IS PROUD TO ANNOUNCE THE 2019-2020 Startup Graduating Class & Ribbon Cutting Ceremony Wed June 12, 2019 at PM This Photo by Unknown Author is licensed under CC BY-SA 19 Companies At the Hub Our IMPACT 2017-2018 15,333 Innovators & Entrepreneurs Supported 19 Partnerships 46 Mentors TTU Accelerator Companies Formed, New Companies launched June 2018 12 Programs Launched 305 Events 4M Media Hits $1.26M Hub Grants $3.5M Federal & Internal Grants awarded to startups THANK YOU Connect Follow us on Twitter: @ihubttu Facebook: @ttuinnovationhub Instagram: @ihubttu : innovationhub.ttu.edu : 806 742 0024 : kimberly.gramm@ttu.edu Hub MED Commercialization Process Timeline Stage I Stage II Application/Technology Development Assessment and Review Business Development/Entrepreneurship and Commercial Strategy Evaluation Oct 2019 TTU/TTUHSC External Partners University of Kansas/Minnesota University Partner Role Nov – Dec 2019 Project NIH/NSF Basic Research Progression Jan – May 2020 Decision Go/No Go Consult July 2020 TTUS ORC KU SHARP IDEA Hub Training TTU Innovation Hub Technology Assessment Regional ICorps NIH SBIR/STTR Phase-I NIH National I-Corps* Resubmit No Decision 1st June 2020 CEO Pre Accelerator Spark/TTU IH TTUS Project Review NIH Review Executive Summary/Preliminary Budget/NIH Bio-sketch Accelerator Innovation Hub IP Strategy TTUS Commercialization Review Board Stage V Pre-Clinical Studies 2-3 years KU SHARP IDEA Hub Training NIH SBIR/STTR Phase-II* Industry Partner MN REACH KU Sharp IDEA Product/PreClinical Trials* Seraph Ventures Company Exit *Relative to project clinical phase I/II EL TTU $$$ Stage IV Intellectual Property Regulatory Evaluation Protection/Strategy Consult/Evaluation/Review TTU Innovation Hub Industry Partners Program Support Stage III TTU Center for Bio-Tech & Genomics/ Industry TTU Innovation Hub soft Landing/Gap Funding FDA Consultant KU Clinical & Translational Science Inst., University of North Dakota, University of Nebraska Medical Center, University of South Dakota, University of Oklahoma