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ICICI Knowledge Park impact areas like health ... Initial funding and management support from ICICI...
Transcript of ICICI Knowledge Park impact areas like health ... Initial funding and management support from ICICI...
IKP Knowledge Park
Deepanwita Chattopadhyay
Chairman & CEO
Genesis
Hypothesis: Innovation, especially scientific and technological
innovation, a key differentiator for economic prosperity
The Central Theme
Enabling technology innovation led sustainable growth through a
Science Park & Incubator model
To focus on high entry barrier (IP, capital investment, regulation),
high impact areas like health (pharma, biotech, med tech),
environment, engineering, materials, agriculture..
Founded in 1998 by ICICI Bank as a not-for-profit sec 8 company
200 acres land from then GoAP
Initial funding and management support from ICICI
Science Park operational in 2000
IKP Knowledge Park
Mission: To create a world class ecosystem for fostering leading
edge innovation
Objective: To nurture an environment for innovation and thereby
increase the competitiveness of the region and the country
Goals:
Create enabling infrastructure
Incubate innovative entrepreneurs
Integrate stakeholders (industry and academia, small and large
companies)
Collaborate to build ecosystem
Create impact
What we do….
Inspire
Incubate
Integrate Collaborate
Impact IKP
Industry,
Entrepreneurs
Academia,
Innovators
Funds, VC, Angel,
Banks
Government
Non-profits
Business Matrix
Property and Infrastructure Management
Provides Lab space, Land, Infrastructure, Facilities, Office
Primary Stakeholders – Companies seeking space
Incubation, Acceleration and Entrepreneurship
Life Science Incubator and Core Instrumentation Facility in Hyderabad
Hardware Incubator and Makerspace, IKP-EDEN (Engineering Design &
Entrepreneurship Network) in Bangalore
Primary Stakeholders – Startups; industry for use of core facilities
Grants Management
Function: Scouting, Selecting, Funding and Mentoring Innovators in partnership
with donors
Primary Stakeholders – Innovators, startups, funding partners
Ecosystem Development
Policy making, Awareness, Advocacy, Capacity Building, Pre-incubation
Primary Stakeholders – State and National Govts, companies, educational
institutions, students, civil society
The Grand Challenges Program on TB Call 1 – Treatment Adherence for TB
Launched in May 2013 with USAID and the Bill and Melinda Gates Foundation
122 proposals received, 28 interviewed
13 funded to build a prototype (Rs. 18 lacs each)
4 funded for field scale up (Rs. 50 lacs each)
Reached 2000 patients, hope to reach 10,000 by the completion of the program
Call 2 – Screening, Detection and Diagnostics
Launched in June 2015 with USAID and BIRAC, DBT
94 proposals received
13 interviewed
6 funded to build a prototype (Rs.50 lacs each)
3 will be funded for field testing (Rs.1.2 cr each)
Call 3 – Innovations for LICs in Asia and Africa
Launched in December 2015 with USAID and DFID
80 proposals received
17 interviewed
3 funded for scaling up in India and pilot in Myanmar, Afghanistan, Uganda (Rs. 2.4 cr each)
funded by BIRAC,
DBT
Partnering for Impact
• Everwell (99 DOTS) has
partnered with RNTCP & NACO
for widespread adoption of
program
• ZMQ able to cover the entire
Mewat district with help of
district administration
• ZMQ partnered with Nokia India
for hardware support for the
program
Early Signs of Success
Smart Investment
• 99 DOTS brought down cost of
monitoring treatment adherence
to less than USD 40 for the full
treatment regime
• ZMQ monitors video/voice
compliance at less than USD 45
for the whole regime
• Operation ASHA provides
adherence monitoring for less
than USD 80
Company Area of work
Vitas Pharma Research Pvt. Ltd.
Novel inhibitors of DNA Gyrase for the treatment of MDR infections
Pregen Research lab Pvt. Ltd.
Non-invasive prenatal diagnosis kit for sickle cell anaemia
Seagull Biosolutions Pvt. Ltd.
Novel Oncotherapeutic Measles Virus platform; Dengue vaccine;
Pradin Technologies Fetal Electrocardiogram and Uterine Activity signal extraction from Maternal Electrocardiogram eliminating the need for the use of conventional transducers
BRUN Health Pvt. Ltd. Brun – A Perinatal Monitoring Device
Sohum Innovations Pvt. Ltd.
A novel device to screen newborns for hearing loss in resource poor settings.
Windmill Health Tech. Pvt. Ltd.
Novel Integrated resuscitation solution to empower front-line health workers to resuscitate newborns effectively
Innovators in Global Health
Company Area of work
Sascan Meditech Pvt. Ltd.
Development of Oral Cancer Screening Camera
Aindra Systems Pvt. Ltd.
An Affordable, 'Point-of-sample collection' Cervical Cancer screening tool
Genrich Membranes Pvt. Ltd.
Hollow Fibre Membrane Based Low-Cost Oxygen Concentrator for Medical Applications
Pathshod Healthcare Pvt. Ltd.
Development of Handheld Device for Glycated Hemoglobin and Albumin Sensing
Purius Nanosystems Pvt. Ltd.
Development of a biosensor based Point-of-care Nucleic Acid Testing System
Innovators in Health Platforms/Oncology Oncology
Grand Challenges in Ag-N: Sharing Indian Innovations
Addressing the twin problem of Sustainable Agri-food systems and
chronic under-nutrition and malnutrition
Five to six Indian innovations prioritized for testing and adaptation in a
developing country in Africa /South Asia
Improved agricultural productivity
Reducing post harvest losses
Improved access to diverse and quality food – diet diversity,
feeding practices, food allocation
funded by BIRAC,
DBT
Created Brand IKP
Globally recognized for promoting innovation across India
Park campus as benchmark for life science parks
Recognized by global agencies for Grant Management
Neutral, ethical organisation with a dedicated, high performance team
Won several awards; CEO on several innovation committees/boards
Strong partnerships: DBT, BIRAC, DST, DSIR, M-MSME, Gates
Foundation, USAID, DFID
Funds raised: ~ USD 18 M (Rs. 108 cr) of innovation seed funding and
an additional USD 8.5 M (Rs. 50 cr) for series A Venture Funding
Building a culture of Innovation
First Makerspace at scale in India
Touched over 5,000 innovators through various programmes
IKMC Conference an annual event
Impact …1
Companies supported (located/incubated/funded/serviced):
~220
International companies from US, Japan, Germany, Israel, France
Satisfied large companies – DuPont, US Pharmacopeia, Daicel,
Adama, ITW, AMRI, Advanta, Biological E, Coromandel ….
Huge growth stories – Laurus Labs, Matrix,GVK Bio, Sai Life Sciences
130 startups/innovators; 89 grant/seed funded, 65 incubated
Around 250 patents filed by IKP companies
Successful investment multiplier
Around USD 8.5 M (Rs. 50 cr) investment by IKP in the Park has
catalysed over USD 85 M (Rs. 500 cr) investment by companies
Their investment outside campus is much more
Impact …2
IKP-EDEN Bangalore: Startups at Work
IKP Annual Innovation Conference
IKMC2015, Session on Globalising Indian
Innovations, November 4, 2015
IKMC2016, Inaugural Plenary Session,
October 24, 2016
Awards and Recognition
Bottom L: Best Biotech Park & Incubator
Award from ABLE, March 2013
Top : Most Engaged Incubator Award from
TiE, Hyderabad, December 2015
Right: Best Incubator Award from
NSTEDB, DST, 2007-08
Thank You
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