What UC Irvine is Doing to Create and Fund University Startups

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What UC Irvine is Doing to Create and Fund
University Startups
Charlie Baecker, Director The Don Beall Center
for Innovation Entrepreneurship
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UC Irvine Overview
What UC Irvine is Doing to Create and Fund
University Startups

• Orange County

• U.S. News World Report ranks UCI among the top
  50 universities in the US
• 80 undergraduate degree programs, as well as 51
  masters, an M.D., an Ed.D. and 44 Ph.D. programs
• 107,000 graduates include leaders in the arts,
  sciences, business, education
• Total enrollment over 27,000 growing to 35,000
  in 2015
• Campus budget of 1.5 billion 310 million
  research budget

• 1 out of every 100 Americans lives in Orange
  County
• Ranks 4th in US for household wealth
• 38th largest economy in the world

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UC Irvine Resources for Startups
What UC Irvine is Doing to Create and Fund
University Startups
UCI Degree Programs
Fueling Innovation Development in Orange County
Public Service/Economic Development Programs
UCI Technology Licensing
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Beall Center Programs for Startups
What UC Irvine is Doing to Create and Fund
University Startups
SCORE One-on-One Student Advisory Service
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Students to Start-ups
Entrepreneurial Skills Workshops

• For Student Entrepreneurs

• 9 workshops per year
• Provide UC Irvine student entrepreneurs practical
  information on how to begin and sustain a new
  business
• All workshops video taped and posted on our site

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Competition Overview
2008 Stradling Yocca Carlson Rauth Business
Plan Competition

• Sponsor Support

• Flagship program for experiential entrepreneurial
  training
• Provide coaching, workshops, software, promotion,
  30K in cash awards, relationships - all designed
  to build confidence
• First in the nation with Seed Financing
  Invitational concept
• First in the nation with Peoples Choice Poll
• Open to all UCI students, researchers, staff
  even ringers
• Can be a life changing experience
• Its about realizing dreams

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The Don Beall Center for Innovation
Entrepreneurship
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UC Irvine Resources for Startups
What UC Irvine is Doing to Create and Fund
University Startups
UCI Degree Programs
Fueling Innovation Development in Orange County
Public Service/Economic Development Programs
UCI Technology Licensing
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Fueling Innovation Development in Orange County
What UC Irvine is Doing to Create and Fund
University Startups

• OCTANe

• Private, non-profit funded by Southern California
  technology companies, biomedical companies and
  the University of California, Irvine
• OCTANes mission is to help create, grow,
  support, staff, and fund biomedical and
  information technology companies in Orange
  County.
• Vision is to create a scalable, cohesive
  Innovation Ecosystem that fuels technology
  advancement, entrepreneurship and company
  development.

Fueling Innovation Development in Orange County
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Activity
OCTANe LaunchPad

• Results

LaunchPad helps entrepreneurs, researchers and
start-ups get going by quickly identifying and
connecting the people, LaunchPad is free to
entrepreneurs.
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Programs Overview
OCTANe Programs

• Program Series

The OCTANe Program Series brings together "minds
and money" in Orange County and Southern
California. Attendees included entrepreneurs,
venture capitalists, investors, large company
executives, researchers, universities and
advisors.
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OCTANe
OCTANe

• Gary Augusta - President CEO
• Cynthia Bemis - VP Development
• Sandy Guzman - TalentEngine Manager
• Celeste Signorino - Director, OCTANe Foundation
  for Innovation
• Luis Vasquez - LaunchPad Director

Gary Augusta, President CEO
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UC Irvine Resources for Startups
What UC Irvine is Doing to Create and Fund
University Startups
UCI Degree Programs
Fueling Innovation Development in Orange County
Public Service/Economic Development Programs
UCI Technology Licensing
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What UC Irvine is Doing to Create and Fund
University Startups
UCI Research Powerhouse
UCI Technology Portfolioby Academic Unit

• Extramural research support 310M 31M from
  industry
• Patent portfolio of 800 inventions, 160 new
  annually
• 48 start-ups, 34 still operating or acquired, 6
  under development
• UCI authority for technology transfer policy
  exceptions
• 3 in UC net patent revenue
• Equity in lieu of cash for part of License Issue
  Fee
• Licensing flexibility for different industry
  sectors
• Dynamic interdisciplinary research centers
• Virtual Incubator New model for industry
  collaboration

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What UC Irvine is Doing to Create and Fund
University Startups
Select UCI Research Units
Select UCI Research Facilities

• Beckman Laser Institute
• California Institute for Telecommunications and
  Information Technology (Calit2)
• Cancer Research Institute
• Center for Embedded Computer Systems
• Center for Hearing Research
• Center for Immunology
• Center for Neurobiology of Learning and Memory
• Center for Research on Information Technology and
  Organization
• Developmental Biology Center
• Institute for Brain Aging and Dementia
• Institute for Genomics and Bioinformatics
• Institute for Mathematical Behavioral Sciences
• Institute for Software Research
• Institute for Surface and Interface Science
• Reeve-Irvine Research Center
• Tu Yuen Center for Functional Onco-Imaging

• Cancer Genetic Network
• Confocal Microscope
• FACS-SCAN flow cytometer
• General Clinical Research Center
• Human Brain Imaging Facility
• Infrastructure Array of Enhanced Nodes
  Supercomputer
• Integrated Nanosystems Research Facility
• Materials Characterization Center
• Molecular Modeling Facility
• Nuclear Magnetic Resonance Facility (NMR)
• Proteomic analyses service
• Protein Expression Facility
• Protein Laser Mass Spectrometry
• Realtime Experimental Audio Lab (REALab)
• Single Cell PCR Apparatus
• Scanning Electron MicroscopeSEM, Ultra FESEM,
  FESEM/FIB Zeiss Center of Excellence
• Transgenic Mouse Facility
• Viral Vector Lab
• X-Ray Crystallography

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What UC Irvine is Doing to Create and Fund
University Startups
Drives Innovation
Virtual Incubation Model for Start-up Companies

• Sales and service agreements established for
  access to needed UCI facilities, equipment and
  instrumentation
• Company does strategic partnership with larger
  company including research funding, sublicense
  and co-development milestones
• UCI receives attributed income share of company
  partnering revenue
• Company raises next round of capital, moves out
  of virtual phase to own facilities carries out
  product development, production sales
• UCI receives license revenue on milestones and
  sales

• Start-up company forms, develops business plan
  for UCI technology development and acquires seed
  round of financing
• Company licenses/options technology from OTA
• Inventor prepares sponsored research proposal to
  Company to further develop licensed technology in
  defined Field
• Proposals for SBIR/STTR and for matching UC
  Discovery Grant funds prepared full IRB and
  Conflict or Interest reviews and approvals
• Sponsored agreement signed (with or without
  Discovery Grant)
• Full UCI overhead
• Improvement inventions rolled into license/option
  at no additional charge
• New inventions in the Field added to
  license/option for one-time fee
• First right to negotiate a license to new
  inventions outside the Field

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• Getting Ready to LaunchThe Orange County
  RegisterMay 10, 2007
• The New Device IncubatorsStart-Up MagazineJune,
  2007
• Incubator InnovatorsThe Frank Peters ShowOct.
  1, 2007
• Incubator in Infancy Already Helping
  CompaniesThe Orange County RegisterFeb. 21,
  2008
• UCI studies electronic treatment for pain,
  depression The Orange County RegisterMar. 6,
  2008

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The UC Irvine Office of Technology Alliances
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UC Irvine Resources for Startups
What UC Irvine is Doing to Create and Fund
University Startups
UCI Degree Programs
Fueling Innovation Development in Orange County
Public Service/Economic Development Programs
UCI Technology Licensing
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• For further information
• Charlie Baecker
• Merage School of Business
• MPAA 210, UC Irvine
• 949-824-1172
• cbaecker_at_uci.edu