Ben Franklin Technology Partners Of Southeastern PA

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Ben Franklin Technology PartnersOf Southeastern
PA
Clean Technology Initiative Preliminary Landscape
Assessment Stephen A. Costantino, Ph.D. Vice
President Technology Commercialization Group
Physical Sciences November, 2007
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Energy Flows 2005 Source Lawrence Livermore
National Laboratory

• Smart Grid
• Superconductors
• Fuel Cells
• Localized Power
• Engine Technology

Expand
Clean

• Hybrids
• H2 Fuel Cells
• Batteries/SuperCaps
• BioMass Fuels

No Silver Bullet
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Landscape Assessment Main Takeaways from Effort
to Date

• Greater Philadelphia possesses a unique
  combination of strengths/assets that give it
  tremendous potential in Clean Technology
• There are some key gap areas where BFTP/SEP can
  help to promote positive change via roles already
  successfully established

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SE PA Regional Landscape Clean
Technology Summary of Assets/Findings

• Hub of Fuel Cell materials/components evolving
  from the strong local Chemical/Materials industry
  base (broader region)
• Similar extension into this sector from the
  regions Life Sciences industry not as evident
• Presence of the worlds two largest Wind
  companies
• Presence of the worlds largest Solar systems
  integrator
• Installation of 4th largest Solar Farm in the
  country, underway
• Presence of the largest Power Grid company in the
  United States
• Presence of one of the worlds largest emissions
  control catalyst mfg facilities

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SE PA Regional Landscape Clean
Technology Summary of Assets/Findings (cont.)

• A national leader in presence of sector-focused
  VCs
• gt600MM, incl. development of two of the largest
  two funds in the United States
• Region fits in with trends in locating biomass
  fuel plants
• Significant infrastructural support
• Strong regional university base potential not
  yet realized in this sector
• Start-up/entrepreneurial activity less than
  expected
• Significant DOE funding to regional universities
  and companies
• 40 patents from regional industry and
  universities (initial survey)
• Significant extension of assets in the broader
  (Greater Philadelphia) region

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Key Regional Energy Assets
Top Research Institutions Drexel
University University of Pennsylvania Philadelphia
University Villanova University Temple
University Penn State
Anchor Companies Arkema Exelon Gamesa Wind,
US Iberdrola Johnson Matthey Lockheed Martin
Corp NAVSEA PJM Interconnection Rohm and
Hass SunTechnics
Sector Focused VCs Blue Hill Partners DFJ
Element EnerTech Capital SJF Ventures
Start-ups Franklin Fuel Cells Solar Roofing
Systems, Inc PMC BioTech Co. Liberty
BioEnergy Lightpod Solvent Green, Inc RealWinWin,
Inc

• Infrastructure Support
• Navy Yard KIZ
• PA Green Growth Partnership
• Del. Valley Green Bldg. Council
• Mid-Atlantic Energy Coalition
• Greater Phila Clean Cities Program
• TRF Sustainable Development Fund
• Phila. Solar Energy Assoc.
• Mid Atlantic SEIA

acquired Community Energy, Inc. 5/06
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Sustainable Energy
Advcd Energy Storage
Alt./Sustainable Fuel
Conservation Technologies
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Sector-Focused VCs

• One of the highest concentrations in the country
• gt600MM, representing 20 VC investment in Clean
  Energy in US
• DFJ Element - 285MM
• EnerTech Capital - 250MM
• (Battelle Ventures 150MM)
• Nations two largest funds
• Est. 1-2 of the funding goes to this region
• Common area of investment interest for PA is
  Clean Coal
• Public policy an important factor
• BFTP/SEP support initial dev. of tech-based
  business opportunities
• Pre-seed and seed funding
• Incubators, prof. support, etc
• Partnership
• Communication of opportunities
• Guidance on VC criteria

78 increase
Source Battelle Ventures
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Greater Philadelphia Universities(as related to
this sector)

• Significant relevant research activity
• Some highly respected/recognized faculty and
  research programs
• Funding accessible
• High level of student interest
• Strong student base
• Inter-University collaboration - Consortium for
  Sustainable Design Development

• Translational Research
• Few start-ups evolving from University Research
• Anchor Companies more active with Penn State,
  LeHigh, U DE
• Creating cohesive/interdisciplinary approach
• Some recent movement in this direction
• EnergyWorkingGroup _at_ UPenn
• Many graduating students leave the area

• BFTP/SEP
• Help to create support structures for
  commercializing technologies
• Work with universities to develop support systems
• Forums, conferences and other opportunities for
  networking

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• PA Green Growth Partnership
• Consortium for Sustainable Design Research
  (SEPA)
• Initiated from proposal by Philadelphia
  University Engineering Design Studio with
  BFTP/SEP to develop promote sustainable
  development technologies
• Joined by Temple U, Villanova PA 1.75M funding
  2003-2006
• 6.5M leveraged RD
• 10 BFTP/SEP engagements through partnership, 28
  young companies assisted total
• Partnership w/ Pittsburgh Green Bldg Alliance to
  form PA Green Growth Partnership 1M in 2006
• Focus on constructing buildings that are
  Leadership in Energy Environmental Design
  (LEED) certified
• Larger company engagements IDd by BFTP/SEP

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Preliminary SWOT Analysis