2. 2 1981 – Calgary Research & Development Authority Founding partners & shareholders: 2000 became Calgary Technologies Inc. NFP, NGO with autonomous Board of Directors Exclusive economic development responsibility for advanced technology/ knowledge intensive industries Mission: “To accelerate the success of the advanced technology community by helping companies to build, grow and connect.” Who is Calgary Technologies Inc.
3. 3 Advanced Technology Sector Focus Information & Communication Technology Software Telecom Hardware Internet Biotechnology Biomedical Medical Devices Health Informatics Life Sciences Oil & gas Alternate energy Materials Environmental Engineering Sciences
4. 4 Culture and Programs are “Entrepreneur-centric” ARTC is a source of funding matching public sector funding Private sector client focus (non-institutional) Leverage local expert volunteers for program delivery Facilitation model – do not fund or do the work Independent - do not pick the winners / take equity ‘A la carte’ – clients engage/disengage on demand Low barrier to engagement - no or nominal client fees Broad (many and short) vs. deep (few and long) client engagements CTI Business Model
5. Commercialization Area Focus Mature Company Development Concept Venture Assessment Economic Feasibility Strategic Business Plan Financing the Venture & Business Start-up Business Growth Business Maturity Business Development Market Needs Assessment Market Study Strategic Market Plan Market Validation Sales & Distribution Market Diversi- fication Market Development Technical Analysis Technical Feasibility Engineering Prototype Pre- production Prototype Production Production Support Technology Development Goldsmith Model for Commercialization
20. 12 Key Community Relationships Banff Venture Forum Venture Capital (iNovia, Octane) AVAC/ IVAC Angel Investors AAET WD Entrepreneurs Funding Client Referral NRC-IRAP Industry SMEs Program Delivery Support Industry Associations Program Delivery Support Funder Client Investment Client Investment Clients Clients Clients Clients Funding Funding Reciprocal Sponsor Industry Canada Joint Program Delivery Joint Program Delivery Coaches / Mentors Coaches / Mentors Program Delivery Client Referral Program Delivery Program Delivery Program Delivery Program Delivery Service Providers DEFAIT City / CED
21. 13 Financial Summary 2008 CTI FUNDING & REVENUE SOURCES • TOTAL $4.9 M 1 % Private Contributions 9 % Government of Alberta – AE&T and AED 10 % Government of Canada – WED and NRC 16 % City of Calgary 64 % Client Revenue – ARTC and Other CTI PROGRAM EXPENDITURES • TOTAL $4.8 M 22 % Advocacy and Administration 23 % Business Network & Cluster Development 18 % Tech Commercialization and Innovation 37 % Alastair Ross Technology Centre Updated: June 24, 2009
22. Government Alignment City: OED / CED Strategy GoA: Task Force on Value Added recommendations GoA: Innovation System framework GoC: ?? 14
23. CTI Strategic Challenges Growth into emerging sub-sectors (e.g. Clean Technologies, eHealth) Attraction/engagement of angel investors Increasing outcome impact on individual SMEs Tracking/quantifying long-term commercialization progress Continuity and growth of public-sector funding Attraction of meaningful private-sector funding 15