13 OCTOBER 2016 PANEL SESSION 4 PUBLIC PRIVATE PARTNERSHIPS IN ENTREPRENEURIAL ECOSYSTEMS
IP 2016 INTRODUCTION: A NOVEL PERSPECTIVE
INTRODUCTION TIMOTHY BARNES - FOUNDER, THE RAIN GODS Entrepreneurship / Education / Politics ‣ Former Director, UCL Advances ‣ Biggest university entrepreneurship centre in the world ‣ Taught over 15,000 people the basics of how to start a business - in person ‣ Former Director, UCL Enterprise Ops ‣ Only univeristy to work with all 20 of the largest companies in the world by R&D spend ‣ Working in tech transfer since 1999 ‣ Involved directly in staring 30 enterprises ‣ Enterprise Ecosystem Lead, Loughborough University in London ‣ Board member, London Co-Investment Fund ‣ Queen’s Award for Enterprise ‣ Sunday Times/Maserati 100 for 2015
IP 2016 STARTING POINT: WHY ARE WE HERE?
STARTING POINT WHO ARE WE AND WHY ARE WE HERE?
STARTING POINT WHO ARE WE AND WHY ARE WE HERE? ▸ What's the purpose of TTO's? ▸ Do we just want more patents? ▸ Who is paying us and what are their motives?
STARTING POINT IN THAT CASE...
STARTING POINT IN THAT CASE... ▸ We should be concerned more about the impact than the IP numbers
STARTING POINT IN THAT CASE... ▸ We should be concerned more about the impact than the IP numbers ▸ We should concentrate on ecosystems not projects
STARTING POINT IN THAT CASE... ▸ We should be concerned more about the impact than the IP numbers ▸ We should concentrate on ecosystems not projects ▸ We should make use of all assets, such as students and alumni, as well as researchers
STARTING POINT IN THAT CASE... ▸ We should be concerned more about the impact than the IP numbers ▸ We should concentrate on ecosystems not projects ▸ We should make use of all assets, such as students and alumni, as well as researchers ▸ We know we need public support for investment funds, research funds to keep going with business as usual
STARTING POINT IN THAT CASE... ▸ We should be concerned more about the impact than the IP numbers ▸ We should concentrate on ecosystems not projects ▸ We should make use of all assets, such as students and alumni, as well as researchers ▸ We know we need public support for investment funds, research funds to keep going with business as usual. .... but what else?
IP 2016 TWO VERY DIFFERENT PUBLIC-PRIVATE COLLABORATIONS
CASE STUDIES THE MACRO PICTURE? ▸ What’s the biggest industry on earth? Source: Digital Globalization: The New Era of Global Flows, The McKinsey Global Institute, March 2016
CASE STUDIES THE MACRO PICTURE? ▸ What’s the biggest industry on earth? ▸ Government Source: Digital Globalization: The New Era of Global Flows, The McKinsey Global Institute, March 2016
CASE STUDIES THE MACRO PICTURE? ▸ What’s the biggest industry on earth? ▸ Government ▸ 16% of global GDP and 15% of all employment ▸ That’s after you strip out health care and education ▸ With appalling productivity growth, just 0.2% between 2005 and 2014, even small changes to government could yield huge economic benefits for the pioneers Source: Digital Globalization: The New Era of Global Flows, The McKinsey Global Institute, March 2016
CASE STUDIES THE MACRO PICTURE? ▸ Which big industry is most ripe for digital disruption? Source: Digital Globalization: The New Era of Global Flows, The McKinsey Global Institute, March 2016
CASE STUDIES THE MACRO PICTURE? ▸ Which big industry is most ripe for digital disruption? ▸ Government Source: Digital Globalization: The New Era of Global Flows, The McKinsey Global Institute, March 2016
CASE STUDIES THE MACRO PICTURE? ▸ Which big industry is most ripe for digital disruption? ▸ Government Source: Digital Globalization: The New Era of Global Flows, The McKinsey Global Institute, March 2016
CASE STUDIES A GREAT NEW SECTOR FOR START UPS ▸ Emerging area with enormous potential ▸ Think FinTech five years ago ▸ UK very well positioned ▸ Several VC funds looking to develop dedicate allocations in this space ▸ US GT Fund ($23m), Craigie Capital, NewFund (£20m) ▸ First research notes being published… www.civtechresearch.com
CASE STUDIES RESPONSE: PUBLIC-PRIVATE PROGRAMMES DEDICATED TO CIVTECH ▸ The Rain Cloud Victoria is the first dedicated CivTech space in Europe (or the World?) ▸ London is uniquely placed being a leading centre for startups (unlike Washington DC, Brussels) and government (unlike Silicon Valley) ▸ Located in the heart of London with local, national and trans-national government only moments away ▸ 5 minutes walk from the centre of UK national government and 4 minutes from the biggest local government HQ in the UK ▸ An opportunity to reinvent government and build new technical products to build civil society ▸ Exploiting proven models with experienced team ▸ Location specific ▸ Footfall and event space ▸ Focus on the barriers to new solutions being employed by government ▸ Partners to provide technical, financial and market support ▸ Central and local government partners will make this space unique
CASE STUDIES THE SPACE ▸ The first Rain Cloud to be launched by the newly-formed Rain Gods Ltd ▸ A partnership with Westminster Kingsway College ▸ 120 seats, 3 meeting spaces ▸ On-site conference centre, event spaces and high-end catering ▸ Dedicated accelerator and investment fund to follow in 2017 ▸ All this and it’s cheap, too ▸ Entrepreneurship with societal benefit ▸ One floor for new companies in a focussed vertical ▸ One floor for established organisations that can help them reach their market and grow - a built in, ready to go ecosystem
CASE STUDIES CASE STUDY 1 - THERAINCLOUDS.COM
CASE STUDIES CASE STUDY 2 - SIRIUSPROGRAMME.COM
CASE STUDIES CASE STUDY 2 - SIRIUSPROGRAMME.COM ENTREPRENEURS sirius ARE BRITAIN & NORTHERN IRELAND u r o y t a r t S K U e t h n i s s e n s i u b The Sirius Programme helps international graduates with great business ideas to set up in the UK. UK ranked number 1 in UK 2nd for London Europe for UK is the number 1 city global tech exits starting a digital 5th largest in the world for in 2016 business economy in the business world Delivered by
CASE STUDIES CASE STUDY 2 - SIRIUSPROGRAMME.COM ENTREPRENEURS sirius ARE BRITAIN & NORTHERN IRELAND u r o y t a r t S The programme offers a full support package to enable promising K U e t h n i s s e n entrepreneurs with new ideas that have real growth potential to s i u b The Sirius Programme helps international graduates maximise their chances of success. with great business ideas to set up in the UK. UK ranked £50,000 12 number 1 in o f m o UK 2nd for s e r v i n t h s London c e s o f o f fj c e Europe for UK is the t h a number 1 city global tech exits r o u g c c o m h o u t m o d t h e a t i o n i n starting a digital 5th largest in the world for p o n e in 2016 r o g r a o f 1 m m e 2 l o c a t i o n s business economy in the £35,000 business a c r o s s 30 t h e U K world o f s e e d f u c n d i n o n t a c g t d a y s o f UK visa f o r e v e r y c o m t r a i n p a n i n g i y n c l u d i n g s u p p o r t f o r a c c e p t e d f u o n t o l l p r e t h e - a c c e l e r a t i o n s Delivered by u c c e s s f u l S i r i u p r o s g r a m a n m e d a c c e l e r a t i o n a p p l i c a n t s s t a g e s Register your interest or apply now via the website @siriusprogramme www.siriusprogramme.com
CASE STUDIES SUMMARY ▸ We can do a better job of what we are here to do if we think about problems that exist in new markets ▸ We can help pull new markets together and find new applications for our IP - both formal and informal
SUMMARY SUMMARY ▸ We can do a better job of what we are here to do if we think about problems that exist in new markets ▸ We can help pull new markets together and find new applications for our IP - both formal and informal ▸ Public-private partnerships are required if we are to succeed ▸ There is room for proactively creating new vehicles and models to get IP into use
SUMMARY WHAT NEXT?
SUMMARY WHAT NEXT? ▸ Want to help us solve government?
SUMMARY WHAT NEXT? ▸ Want to help us solve government? ▸ Want to help a company you know grow in the UK?
SUMMARY WHAT NEXT? ▸ Want to help us solve government? ▸ Want to help a company you know grow in the UK? ▸ Want any help solving a problem you have seen?
SUMMARY WHAT NEXT? ▸ Want to help us solve government? ▸ Want to help a company you know grow in the UK? ▸ Want any help solving a problem you have seen? ▸ Get in touch... and let's go change the world
IP 2016 THANK YOU
@TIMOTHY_BARNES TIM@THERAINGODS.COM WWW.THERAINGODS.COM THERAINCLOUDS.COM @RAIN_GODS THE RAIN CLOUD VICTORIA, 76 VINCENT SQUARE, WESTMINSTER, LONDON SW1P 2PD THE RAIN GODS LTD
IP 2016 APPENDIX
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