New knowledge and business from research ideas – TUTL application round 2/2014

1. New knowledge and business from research ideas – TUTL application round 2/2014 Research and Innovation Services 2014

2. TUTL-Funding • New fundinginstrumentintroduced in 2012 • Two application rounds for research projects annually, in the spring and the autumn. • Tekesfunds 70 % of eligible costs, department or unit 22,5 % and University Services 7,5 % (participation in Commercialisation Clinic is required) • No need for other funding! • If necessary, funding is granted as phase funding, in which case eligibility for further funding will be assessed at the end of each phase. • Online submission service for applications:http://www.tekes.fi/en/online/

3. Preconditions for TUTL-funding • The project group prepares the commercialisation of the research idea. • The project examines possible paths for the utilisation and the most promising route and method for taking the idea further towards global commercialisation. • The possibilities of using the idea in the business of start-ups to be set up or developing it into new business in an existing company are investigated. • The project produces knowledge and competence that are significant for utilisingthe research idea and results. The research part of the project focuses on issues that play a key role in the commercialisation of the concept.

4. Specialissues of TUTL-Funding • In TUTL-projects, the preparation of commercialisation plays a significant role: at minimum it must account for 30 percent of project costs in all phases of the project. • Expertise for preparing the commercialisation in the project may partly also be outsourced. • The applicant (JYU) must have adequate rights to use the background material and the research results to be produced in order to commercialise the knowledge and competence. • The research organisation must be able to transfer the rights to the results to the party commercialisingthe results after the project.

5. TUTL-funding • The scale of the new business for which the preparation of commercialisation aims in the project must be significant. The application must contain an estimate of the scale of the business operations aimed for. • The project must examine several alternative commercialisation possibilities. The project's direct aim may not be preparing the business operations of a single company, either a start-up or an existing company. • The project must have adequate resources for preparing the commercialisation of the idea and results. The application must describe the competence and prior references of the persons responsible for the commercialisation.

6. The roles of the projectteam • If one option for preparing commercialisation is starting a new company, the application must describe the composition of the team behind the start-up. It must also describe how the commitment of the persons and competence needed in the start-up to the operations of the new company can be ensured • Even if business participation is not required in this project type, companies may lend their expertise to the work of the project's steering group. • A participating company does not have a right of first refusal to the project results.

7. Ecpectations of Tekes • Funded projects fulfill important customer and market needs • Projects must have international business potential • Simultaneous development of a research idea and preparation of its commercialization as a new business operation • Strong multidisciplinary project team • Applicants own rights for Intellectual Properties • Previous research results and actions around commercialization

8. Septembercall for proposals • Deadline 30.9.2014 • TUTL-information on webpages: http://www.tekes.fi/en/funding/research_organisations/new-knowledge-and-business-from-research-ideas/ • Register to the onlinesubmissionsystemearly • Elevatorpitch to Tekes is mandatory • Project announcementform and otherquidancehttps://www.jyu.fi/yliopistopalvelut/intra/laitoksille/how-to/laadunvarmistus?set_language=fihttps://www.jyu.fi/yliopistopalvelut/intra/laitoksille/how-to/quality-assurance-manual?set_language=en • https://www.jyu.fi/yliopistopalvelut/tutkimuspalvelut/innovaatiopalvelut/Kaupallistamisklinikka

9. TUTL-process for applicants 5.8-16.9.2014

10. Remember • TUTL-funding is notaimed for: • Creating products whichareready for the market • Direct productdevelopment • Drafting of a complete business plan • YoucanuseTUTL-funding for: • Appliedresearch in a researchareathatsuits for you (as long as global business opportunityexists) • Wide backgroundresearch in the view of the preparation of commercializion • General Terms and Conditionsfor Public ReserachFundinghttp://www.tekes.fi/Global/Rahoitus/EN__Julkisen_tutkimuksen_rahoituksen_yleiset_ehdot.pdf

11. TUTL-projects of JYU • 2012 threedifferentcalls and 19 submittedproposals • 5 fundedprojects, Tekes funding 4,5 M € • 2013 twocalls and 20 submittedproposals • 6 fundedprojects, Tekes funding 2,2 M € • 2014 firstcall 9 proposals • 3 fundedprojects, Tekes funding 750 000 € (oneconditionaldecision) https://extranet.tekes.fi/ibi_apps/WFServlet?IBIF_webapp=/ibi_apps&IBIC_server=EDASERVE&IBIWF_msgviewer=OFF&IBIAPP_app=openraho&IBIF_ex=O_PROJEKTI_RAP1&CLICKED_ON=&YASIAKAS=1941&YTARKASTELU=Y&YEDTASO=ORGANISAATIO&YSANAHAKU=%20&YPVMALKU=%20&YORGLAJI=210&YPROJTILA=APPROVED&YPROJTILA=ENDED&YPROJTYYPPI=00000002827&YOHJELMA=KAIKKI&YMUOTO=HTML

12. Need for TUTL instrument

14. TOOLS for TUTL-proposals • TUTL-process with sparringpartners • ImpactClinicorganisedby TIP • NABC • Business ModelCanvas • ElevatorPitch • Peer supportfromotherapplicants • Feedback to draftsbyTIP

15. Iterative process of proposal drafting Visualize and share your idea using NABC and Business Model Canvas! iterate

16. NABC Project WorksheetPresent your project idea using the NABC -A format shown below.Be ready to present it - it should last no more than three minutes!

17. Business Model Canvas

18. Thankyou!