UJInvnt Incubation Framework Brochure 2023

Page 1

INCUBATION FRAMEWORK

A HIGH-LEVEL SUMMARY

Background

Established formally in 2019, the primary mandate of UJINVNT is to ensure commercialisation of Intellectual Property (IP) emanating from research/projects conducted by staff and students at the University of Johannesburg (UJ). To achieve this mandate, UJINVNT has identified incubation as a key strategy.

The UJ Technology Transfer Office (TTO) has over the years offered various forms of incubation support, focused mainly on UJ student entrepreneurs and aspiring entrepreneurs. With UJINVNT as the lead, however, these incubation activities will be expanded into a programme under the incubation framework, with a view to working towards the establishment of a proper incubator. Incubators assist startup businesses to grow and succeed, by offering support and resources such as office space and services, training, coaching, mentorship, access to funding, collaboration opportunities and networks. The UJ Technology Transfer Office (TTO) and UJINVNT have jointly embarked on identifying and formalising collaborations in the incubation space with various potential partners, as well as carrying out activities to better understand the South African (SA) university incubation landscape and to provide insight into the support needs of the broader UJ community in this regard. This will provide evidence-based inputs to inform the focus of the envisaged incubation framework, designed to increase the commercial potential of UJ innovations and meet the needs of UJ entrepreneurs, with a view to working towards the establishment of a fully-fledged incubator, should the demand for this be demonstrated.

The incubation framework is aligned with the University’s mission, which is “inspiring its community to transform and serve humanity through innovation and the collaborative pursuit of knowledge”.
Special attention will also be paid to the University’s focus on Global Excellence and Stature 4.0 – for Societal Impact.
Background

The incubation programme will address the following strategic goals:

 Innovation: UJ researchers will be exposed to the opportunities available for the fruits of their research to be translated into innovative products and services that make a positive impact on society and the economy

 Job creation (graduate employability): UJ students will have the opportunity to become entrepreneurs in new ventures spun out of UJ

 Venture creation and sustainable economic growth: New businesses will create jobs, improve competitiveness and contribute to the fiscus

 International reach.

Strategic goals

One intervention per quarter; 100 intakes; 25 entrepreneurs per quarter Training; Services; TRL; MVP; Safe space; Dream crushing

AWARENESS A CTIVATION ENGAGEME

SUSTAINABILITY

N T

Advisory; Mentorship; Access to Finance; 3 successes per year

100 intakes—25 entrepreneurs per quarter—3 successes per year

Figure 1: Operating model

Operating Model

With reference to Figure 1, a series of incubation activities will be implemented to pre-incubate identified projects into real commercial opportunities. The approach will build on some of the support interventions offered by the TTO over the years (focused mainly on UJ student entrepreneurs and aspiring entrepreneurs), which will be expanded and packaged into a programme. The programme will take into account the different cohorts that may benefit from incubation support. Some interventions will be made available to all cohorts, whereas others will be more targeted. Promotion of graduate employability through equipping UJ students and graduates with skills and expertise that will facilitate self-employment as entrepreneurs will remain one of the key objectives.

The incubation framework operates on the basis of four key principles:

AWARENESS, ACTIVATION, ENGAGEMENT, and SUSTAINABILITY.

Awareness serves as the starting point of the innovation pipeline, where a substantial number of faculty members and students are introduced to the field of entrepreneurship. Activation necessitates the active involvement of students and faculty in entrepreneurial endeavours and requires advanced skill development and access to resources. Engagement encompasses the nurturing, mentorship, and comprehensive support of fledgling ventures to ready them for spinoffs and external funding opportunities.

Aware—Activate—Engage Sustainability

AWARE ACTIVATE

INPUTS INTERVENTIONS

Invention disclosures Intellectual Capital Platforms Targeted Research Groups

Open calls to staff and students

1. Workshop / Ideation / bootcamp

ß Target = 25 individuals per quarter

ß OUTPUT is 5 individuals per quarter that enter Incubator

ß Those who fall out may enter the cycle again after they have done some homework

2. Two IP awareness events per month

ß Each month there must be at least two events/courses that run as a standing item on calendar, for any incubatee to participate

ACTIVE INCUBATION SUPPORT TRAINING OUTPUT (Input for UJINVNT)

SLP offering 20 individuals to go through one year cycle, where the following must be achieved: MVP; Viable business case

Input is 5 projects per quarter that enter the Incubator

Refine MVP and Feasible business case Develop bankable business plan

ENGAGE

Seed fund Budget comanaged by TTO and UJ

Mentorship 5 projects that reached TRL-6, together with a competent team.

3 spin-offs with first client

TTO
Services Space Mentorship UJINVNT
INPUTS QUARTERLY INTERVENTION ACTIVE INCUBATION SUPPORT TRAINING OUTPUT SUSTAINABILITY

Services

These services will be integrated into the Operating Model. A formal programme will be designed and put in place to operationalise the service provision and will largely be linked to the activities. The projects that are identified for incubation support may be assisted with any combination of the services offered, depending on their needs. The interventions will vary case by case depending on the stage of development of the project.

Resources

The success of the proposed incubation strategy will depend on marshalling the necessary resources to underpin the programme. While many of the envisaged activities will be carried out by TTO and UJINVNT staff, with associated costs covered from TTO and UJINVNT operational budgets and other available sources, additional capacity and funding will be required.

Monitoring and Evaluation

This programme will be piloted in 2023. The interventions at each phase will be evaluated for relevance and effectiveness and will be adjusted accordingly on an ongoing basis. After one year, a comprehensive evaluation will take place to guide the way forward.

Project Pipeline

While the UJ innovation pipeline remains predominantly at an early stage, there are several projects in the TTO portfolio that are showing promising progress towards commercialisation. It is important to distinguish between different cohorts that may benefit from incubation support: potential start-ups based on UJ IP, technology or other innovations; tech-based start-ups developed by UJ staff or students independently of their UJ work; and student lifestyle businesses. Some interventions will be made available to all cohorts, whereas others will be more targeted. Promotion of graduate employability through equipping UJ students and graduates with skills and expertise that will facilitate self-employment as entrepreneurs will remain one of the key objectives.

Promotion of graduate employability through equipping UJ students and graduates with skills and expertise
that will facilitate self-employment as entrepreneurs will remain one of the key objectives.

100 intakes—25 entrepreneurs per quarter—3 successes per year

MINING

FACILITIES: Departments of Biotechnology and Food Technology, Chemical Sciences and Chemical Engineering Technology.

OPPORTUNITY: Linking up with Centre for Excellence in Mining Innovation (CEMI), Canada to incubate 1 project per year

CHEMICALS FACILITIES: Departments of Biotechnology and Food Technology, Chemical Sciences and Chemical Engineering Technology.

OPPORTUNITY: Collaborating with Chemin to coincubate chemicalsbased business opportunities.

Licensing opportunities of UJ’s IP portfolio

BIOBANK SERVICES

Many laboratories have the potential to render services, eg water testing. Other opportunities include services related to chemical compounds or living organisms in repositories, such as gene sequencing.

Faculty of Art, Design and Architecture (FADA)

FACILITIES: FabLab and Department of Industrial Design

Intellectual Capital Platforms

RESEARCH CENTRES

Laser Centre

Atomic Layer Deposition

Green Hydrogen

SPACE

Hot desks at TTO and UJINVNT.

TRAINING

SLPs on Business; IP Management; Finance; Marketing, Technology

Commercialisation, etc.

Services

MENTORING

Access to captains of industry, lawyers, etc.

PRODUCT DEVELOPMENT

Support to reach appropriate TRLs, prototype, pilot scale or MVP.

MARKET

ACCESS

& NETWORKING

Provide access to platforms for showcasing innovations.

ACCESS TO FINANCE

Seed fund; VCs fund.

NEW VENTURE CREATION SUPPORT

IP ADVISORY

Novelty searches; market reports; IP strategies.

ACCESS TO FACILITIES

Access to laboratories, facilities and equipment.

Provide support for new spin-out opportunities. Assist founders in the creation of the entity where opportunities are ripe for this route.

TTO Training and Events Calendar

APRIL

Monthly Intervention:

ß Online Info Session: EDHE Entrepreneurship Intervarsity Competition – Information and tips to ensure a good Competition Application

ß IP Awareness Session –

Date: 18 April 2023

JULY

Monthly Intervention:

ß Proposal writing for Commercialisation and Seed Funding Workshop

Date: 13 July 2023

Facilitator: Ms Charmaine Niemand

ß iSession

An open event to anyone who wants information on topics such as:

- UJ Innovation and Entrepreneurship Ecosystem support

- Trending problems/challenges in South Africa that serve as inspiration for research outputs, etc.

OCTOBER

Monthly Intervention:

ß IP Awareness session

Industry Engagement:

ß Technologies available for licensing

MAY

Quarterly Intervention:

EDHE Pitching Event

Date: 30 – 31 May 2023

Monthly Intervention:

ß Innovation Canvas Workshop

Date: 25 May 2023

Facilitator: Ms Ruwaida Mohideen

ß Faculty engagement – IP and Commercialisation

AUGUST

Quarterly Intervention:

“Market opportunities for Research” – Does my Research have a Market?

Monthly Intervention:

ß Entrepreneurship Ecosystem Forum Engagement

Short Learning Programme:

ß SARChI Entrepreneurship and UJInvnt

NOVEMBER

Quarterly Intervention: Science (Chemical focus) & FEBE Projects Engagement

Monthly Intervention:

ß Faculty Engagement – IP and Commercialisation (Target high output faculties)

Short Learning Programme:

ß SARChI Entrepreneurship and UJInvnt

JUNE

Monthly Intervention:

ß Ideation Workshop

Date: 22 June 2023

Facilitator: TBC

SEPTEMBER

Monthly Intervention:

ß Talk: IP Attorneys

AI & IP

DECEMBER

WIPO Online Course:

D Les101, APK Campus

General Course on Intellectual Property (Registration required)

www.uj.ac.za

ujinvnt@uj.ac.za

Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.