Goal of the ARCN

• Support the growth, productivity & diversification of existing Atlantic firms

• Help establish & grow knowledge-based industries in Atlantic Canada

Function of the ARCN

• ID, secure & transfer IP to Atlantic firms• If no receptor- transfer to entrepreneur• Access to university resources to address Atlantic

industry problems & opportunities• Develop collaborative research & partnerships with

Atlantic Companies• Attract new research to Atlantic Universities

All TTO’s and ILO’s

• Deliver Educational Programs – Tech Transfer and Commercialization

• Run Networking Sessions• Facilitate Industrial Sponsored Research• Walk the Halls – Monitor Research• Pre-Screen and Assess Technologies• Develop POP projects• Publicize technology commercialization activities and

successes• Creation of spin-offs

TTO Specialist

• Monitor their specialty in all Atlantic Universities• Screen and Assess – Patentability, Technical &

Commercial feasibility• Protect and Manage Intellectual Property• Assist in creation of spin-offs

Total Human Resources

• Technology Commercialization – Existing 9.2

- AIF Supported 9.5

• ILO’s – Nova Scotia Supported 5.5

24.2

Universities to provide support staff (as well as office space and services) through in-kind contributions.

Shared Network Service Days

Providers Days

Dalhousie 120

GENESIS (MUN) 90

UNB 70

280

Recipients

UPEI, U de M (50 days each) 100

UCCB 40

Acadia, NSAC, St. FX (30 days each) 90

SMU, Mt. A (20 days each) 40

MSVU 10

280

Shared Service Day Guidelines

• Services Free of Charge• Credit System if over or under budget• If over budget – can buy services at cost• Record Keeping by Network Manager• Service provider shall offer its highest level of service• IP belongs to discovering university

Governance of ARCN

• AAU Council Appoints Board• ARCN Advisory Board – Chair, 2 university and 4

private sector directors• Board develops strategy and reviews performance

Project Cost & Financing

Cash Contributions:

AIF Contribution 3,600,000

NSERC 1,242,000

ACOA New Brunswick BDP 225,000

University Royalties and Recoveries 300,000

University Contribution 1,893,000

Total Cash Contributions 7,260,000

Annual Expenses

ExpensesWages & Salaries 1,500,000

Travel 300,000

Patent & Legal 250,000

Proof of Concept 200,000

Administrative Costs $2,450,000

Funding Partners to ARCN

• AIF/ACOA 50%

• Tri-Council (NSERC, CIHR, SSHRC) 20%

• Universities 30%

• Interns in Innovation (NT Atlantic) – supported by

Tri-Council

February Budget

• Funds to Tri-Council for Commercialization• triple IPM, triple POP/I2I ($15 million per year for

NSERC)• Industry Canada $10 million per year for 5 years for

commercialization of university research• NRC $5 million per year for 5 years for

commercialization of public research (Federal Labs and Universities)

Near Term Development

• Captive Venture Fund• Support for promising research • Support for Receptor & Spin-off Companies using

ARCN technologies

Longer Term

• Institutionalized allocation of Granting Council funds for commercialization at universities

• Partnership and Venture Funds integrated into University TT Networks

• National Network built on Regional Networks