1 / 7

OCE

OCE. OCE Mission. The Office of Corporate Engagement serves as the business development arm of the System, matching university resources with commercial opportunities, focusing on privately-funded research. . Meeting the Demands of a New Market.

adele
Download Presentation

OCE

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. OCE

  2. OCEMission The Office of Corporate Engagement serves as the business development arm of the System, matching university resources with commercial opportunities, focusing on privately-funded research.

  3. Meeting the Demands of a New Market At top universities around the country, industry funding for R&D is growing faster than any other source. All statistics taken from National Center for Science and Engineering Statistics: Academic R&D Expenditures. National Science Foundation. Statistics for the top 25 universities, ranked by R&D expenditures, or for all responding universities.

  4. Following the Leaders

  5. One-stop Shopping One point of entry… Student Recruiting & Engagement Philanthropy • Licensing Technology • Research Collaboration & Federal Funding …six ways to connect. Network of Academic Corporate Relations Officers, Five Essential Elements of a successful Twenty-First Century University Corporate Relations Program, August 2, 2011. page. 5

  6. In less than three years, OCE led efforts to… • Turned first-time customers into repeat customers (example: Northrop Grumman has sponsored 3 research grants at TTU) • Helped start-up, soon to be self-sustainable company, the National Institute for Renewable Energy (Group NIRE) through a State grant – the company is now valued at roughly $5M + and has returned $53M ROI for the State ($5M estimate) • Secured our first, prestigious NSF Center, which included a paying industry consortium ($475K estimate) • Secured ETF’s approval for the largest public-private research grant in the history of Texas Tech ($23M potential) • Working to establish R&D opportunities with oil and gas and other industry sectors ($500K + estimated) • Facilitating joint ventures with biotech and other companies to create contract research organizations and take equity in companies like Mason Greenstar ($3M estimate) • Potential Return of over $30M in value to Texas Tech by the close of FY14

  7. GLEAMM Example(Global Laboratory for Energy Asset Management & Manufacturing) Fiscal Agent for $21 million with following sub-awards Texas Tech will receive $4.4 million of the $21 million for personnel and equipment Use: Total sub-awards equal roughly $16.5 million as described below Use: $2.5 million in support of commercialization capacity and proof of concept fund Use: $6.3 million for personnel, equipment and contracts to support testing and certification Use: $202,500 thousand for hardware and software to support testing capabilities Use: $4.5 million for relocation, personnel and design equipment Use: $3 million for SiC equipment and facility upgrades Developing, Testing and Certifying Microgrid and Grid Technologies Building Commercialization Capacity and Accelerating Technologies to Market Manufacturing Next-Generation Power Electronics

More Related