Show report: NanoEntrepreneurs workshop (London, 28 Jan 2014)

“What does it take to commercialise micro- and nanoscale research and development?” is a tough question to answer in a one-day meeting, but the UK’s NanoKTN managed to pack plenty of advice into the latest in its series of popular NanoEntrepreneurs workshops – held this time in partnership with law firm Covington and Burling (C&B) in London.

The event began by looking at the some of the first steps in the translation pathway from concept to commercialization, which includes tasks such as creating a company and developing an intellectual property (IP) strategy.

IP is a key consideration for any start-up, as the strength of a firm’s IP portfolio is likely to be an important factor in raising funds to grow the business.

In her talk, Morag Peberdy from C&B looked at the different ways a company can protect its ideas, namely – patents, trademarks, copyright, trade secrets and through design registration.

There are some useful questions to ask to identify the most appropriate route to take, for example:

– How easy is it to reverse engineer your product?
– Will you be required to disclose materials details to regularity authorities or via product labelling (a growing concern for developers of nanomaterials)?

It’s not a simple exercise, but there are benefits to thinking about IP sooner rather than later.

“The right strategy will allow you to spend your money wisely and bring savings over the long term,” Peberdy told the audience.

To guide their thoughts, she emphasised the need to focus on the competition – who are they, where are they based, and when will their products hit the market?

In the second half of this introductory session, Peberdy’s colleague James Halstead simplified the starting-out process by distilling the business proposition into a series of key elements –

People (innovators, implementers and investors)
Property (IP and physical property)
Relationships (contacts and contracts)

Like Peberdy, he encouraged firms to begin their strategic thinking early on, in this case to make sure that the interests of innovators, implementers and investors are aligned to head off any future bottlenecks and speed up decision making.

For example, what are the objectives of the company:

– to sell the business,
– out license,
– or to sell technology products and services?

For more details on the workshop, which also included talks on creating trustworthy and dynamic teams, and public support mechanisms for the commercialization of emerging technologies – view the full programme on connect.innovateuk.org.

Trajectories in translation: parallels between old and new materials

Can looking at the commercialization history of mature materials such as Bakelite, Teflon and silicon carbide offer clues to the likely development timelines for today’s rising stars such as graphene, metal organic frameworks, and silver nanowires, to give just a few examples? Analyst firm Lux Research thinks so, and has released its results in a report dubbed “Planning for ripe fruit: Materials innovation lifecycles as a predictive scouting tool.”

In the study, Lux Research looked at the development trajectories of 49 materials by examining the gap from the first major jump in patent activity to the commercialization milestones that followed – a period that typically spanned anywhere from 10 to 25 years, but extended much further in some cases.

From the analysis, the team found that it could group the materials into a number of classes –

whether the material was single- or multi-functional,

whether the discovery was targeted or unplanned,

and whether it was an enhancing or platform technology.

“When we looked at the different materials in each class, we found parallels in the invention-to-commercialization pathways,” Anthony Vicari – one of the lead analysts on the study – told TMR+.

In principle, this means that once you know which category a new material falls into, you can identify some of the likely barriers to commercialization – a framework that could be a big help for start-ups when estimating development times.

“There’s often an unrealistic expectation in how quickly new materials will make it to the market, and this analysis offers a starting point for strategic decision making,” he said.

Different classes, different challenges
Let’s look at some of the development hurdles in more detail, starting with multifunctional materials.

“The big advantage of this class of materials is that they can potentially replace multiple parts, but this typically requires a high level of redesign and significant developer resources, which lengthens the commercialization time,” said Vicari.

“For enhancing materials, it is pretty clear from the beginning what the application is – the challenges here are focused on getting good performance at the right price,” he continued.

Platform technologies on the other hand can pose a deeper problem, as it can take time to figure out what the key applications are.

Vicari gives the example of silicon carbide (SiC). “There was an 80 year gap from demonstration to commercialization,” he points out.

Today, SiC is a key material in LED and power electronics sectors.

Looking at parallels between SiC and emerging materials, Vicari believes that metal-organic frameworks (MOFs), which were first reported in the 1950s, could be on a similar development timeframe. This would see non-niche commercial products launching around 2035.

Further reading on the web –

Metal-organic frameworks for energy storage (Royal Society of Chemistry)

EC information and networking event on organic electronics scheduled for Feb 2014

The European Commission (EC), together with the Organic Electronics Association and Photonics 21, is organizing an “Information and networking event on organic electronics” to provide information on related calls in the Horizon 2020 ICT LEIT work programme (PDF download).

The event will be held on Friday 14 February 2014 in Brussels (Avenue de Beaulieu 25, Meeting Room 0/S1).

DRAFT Agenda

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MRS Fall 2013 highlights – part three

Entrepreneurial excellence was the focus of Technology Innovation Forum VI and Matthew Norden, who co-founded market analyst Lux Research and is now vice-president at venture capital (VC) firm Venrock, began the session by spelling out the formula that VCs use to evaluate start-ups –

technology + market + team

Everything has to add up, but even then it might not be enough. Winning VC funding is tough if you’re pitching against firms that require much less investment and offer quicker returns, such as internet start-ups.

For this reason, early-stage companies working with advanced materials are more likely to go through specialist funds, or use corporate backers to raise capital. Another way to develop the business is to form strategic partnerships.

And it’s here that James Ashman of SouthWest Nanotechnologies (SWeNT) – a spin-out from the University of Oklahoma, which has developed manufacturing processes for carbon nanotubes – took up the discussion.

Driving growth through partnerships

SWeNT has benefited three times from this approach. Its first partner put new applications on the table, a second alliance opened up distribution and provided new sales channels, and then the firm’s latest collaboration is helping to expand operations by bringing in a production partner to generate material (in this case a plastic/multiwalled-carbon-nanotube composite) in volumes that would have otherwise required a huge investment in scale-up infrastructure.

“Strategic partnerships are a much more fertile area than institutional investors for the materials sector, but it takes time so plan ahead and start negotiations early,” Ashman told the audience, adding that for SWeNT its partnerships had each taken 6-12 months to set up.

Protecting your ideas

After lunch the discussion switched to patents and Chinh Pham of law firm Greenberg Traurig had some useful information for developers.

Pham works regularly with the Harvard innovation lab and made the point that patents can be expensive ($10,000 – $15,000, or even up to $20,000 in some cases). The costs can soon add up, so you need to have a strategy.

“Don’t just file away, file early and around your core technology,” he advised.

Video snapshot

Further reading on TMR+

MRS Fall 2013 highlights – part five (final)
MRS Fall 2013 highlights – part four
MRS Fall 2013 highlights – part two
MRS Fall 2013 highlights – part one

Materials by design: NIST announces consortium to speed up time from discovery to first commercial use

The National Institute of Standards and Technology (NIST) has selected a consortium led by Northwestern University to establish a new NIST-sponsored center of excellence for advanced materials research. The new Center for Hierarchical Materials Design (CHiMaD) will be funded in part by a $25 million award from NIST over five years.

Other members of the CHiMaD consortium include –

The University of Chicago,
The Northwestern-Argonne Institute of Science and Engineering
The Computation Institute (a partnership between the University of Chicago and Argonne)

And the project also involves –

QuesTek Innovations (a small business spin-off of Northwestern University)
ASM International
Fayetteville State University

“The launch of this new center represents a major milestone in support of the Materials Genome Initiative (MGI) and our national goal of doubling the pace of discovery and development of novel materials,” said Cyrus Wadia, assistant director for Clean Energy and Materials R&D at the White House Office of Science and Technology Policy.

As NIST points out in the announcement, it’s estimated that the average time from laboratory discovery of a new material to its first commercial use can take up to 20 years. The US MGI aims to halve that.

Read the full story on NIST Tech Beat.

Other resources on the web

Modelling and Simulation in Materials Science and Engineering (IOPscience)

From lab to market: translational materials research high on the agenda at MRS Fall 2013

Information station: IOP Publishing booth 114

Information station: IOP Publishing booth 114

Next week, TMR+ will be reporting from the MRS Fall meeting in Boston, US, so do bookmark the blog and check back from Monday (2 Dec) evening for daily highlights from the show.

Topics on the radar include – synthesis and energy storage properties of 2D materials; nanomaterials design for advanced rechargeable batteries; bio-inspired synthesis and assembly of functional materials; efficient, high-speed roll-to-roll CVD of graphene; and skutterudite materials (and modules) for automotive waste heat recovery.

But that’s just a taster, you can find the full programme at www.mrs.org/fall2013

Unlocking materials innovation
Organized by John Busbee (Xerion Advanced Battery Corporation), Alan Brown (ICStrategies), Jeffrey T. Glass (Duke University) and Patti Glaza (Arsenal Venture Partners) – Technology Innovation Forum VI is all about the art of translating materials science innovations into successful businesses.

The day-long event, which takes place on Wednesday (4 Dec), brings together industry leaders, venture capitalists (VCs) and developers to examine what it really takes to get ideas out of the lab and into the market.

Here, Matthew Nordan of VC firm Venrock will start the session by looking at ways to short-cut the long adoption cycles and high-capital requirements that can make the materials science sector a tough environment for start-ups.

Partnerships are one way of navigating around some of these obstacles, and Nordan’s opening talk is followed by a panel discussion looking at the ways that large and small companies can work together.

Production know-how
Another session not to be missed is – Transitioning new materials from lab to manufacturing – which explores how researchers can develop and find the expertise to scale-up their concepts to market volumes in a cost-effective manner. On hand with ideas and know-how will be Travis Earles (Lockheed Martin), Robert Kumpf (Plextronics), Susan Babinec (ARPA-E) and Manish Mehta (National center for manufacturing sciences).

Other highlights in the technology innovation forum programme include – “Perks and pitfalls”, “Resources and support”, “Roadmaps for early-stage entrepreneurship”, and an unvarnished look at the “Life and times of a serial entrepreneur”.

See you there.

And if you can’t make it to Boston, don’t forget that you can watch the live stream via MRS OnDemand.

Innovation in Europe: an update on Horizon 2020

With the first calls for proposals due to be published in December, the wheels are soon to begin turning on Horizon 2020 – the EU framework programme for research and innovation 2014-2020, and successor to FP7.

Priorities for Horizon 2020 include raising the level of excellence in Europe’s science base as a platform for innovation, and fostering industrial leadership to speed up the deployment of technology to tackle societal challenges in health, the environment, energy and transport.

Whether Europe achieves these goals will depend on the translation of scientific breakthroughs into products and services, and the support that Horizon 2020 can provide to the innovation community.

For an update, TMR+ tuned in to “From Lab to Market: Horizon 2020 – and how the EU can advance innovation”, a panel discussion held this week at the European Parliament in Brussels and broadcast via the website – www.sciencebusiness.net.

The event featured MEPs closely involved with the drafting of Horizon 2020 –

Maria Da Graça Carvalho (Portugal)
Christian Ehler (Germany)
James Elles (UK)

And also gave Hermann Hauser, a serial entrepreneur based in Cambridge, UK, and co-founder of VC firm – Amadeus Capital Partners, the opportunity to speak out on what it takes to commercialize university research.

So what did they have to say? What are the positives?
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Graphene dispersion expert Haydale signs-up AMG as distributor

UK-based Haydale has signed-up AMG Mining as exclusive distributor of its graphene nanoplatelets (GNPs) in Germany.

The agreement gives graphite supplier AMG access to Haydale’s higher value graphenes for use in lubricants and batteries, to name just a couple of possible applications.

Haydale’s expertise is in providing well-dispersed, functionized graphene through its plasma processes.

“We bridge the gap between the raw material suppliers and the applications end,” Ray Gibbs, CEO of Haydale, told TMR+.

Over the summer, Haydale launched a range of speciality inks at the Graphene Commercialisation & Applications Summit in London, following an earlier announcement at the Printed Electronics USA conference in December 2012.

Formulated for screen-printing, the highly-conductive inks could enable smart packaging, or electrochemical sensors, for example.

In a recent company update, Haydale reports that it has provided graphene material to more than 100 research institutions worldwide, but as well as sowing seeds for future growth, the firm is keen to build revenue streams today.

For Haydale, this means teaming up with companies such as AMG to extend its supply network and show how GNPs can be applied to both new and existing products.

Research commercialization course available online from November 14

Now in its sixth year, the Research Commercialization Introductory Course – a free webinar series presented by the US-based National Council of Entrepreneurial Technology Transfer (NCET2) – gives participants an overview of what it takes to translate research into market-ready devices, and uses online tools to deliver its message worldwide.

“The course is open to anyone anywhere,” Clara Asmail, senior technical advisor at the NIST Manufacturing Extension Partnership, told TMR+.

Asmail is one of seven co-organizers and moderators heading up the program this year, which includes Steve Ferguson, deputy director, Licensing & Entrepreneurship Office of Technology Transfer at the National Institutes of Health; Ben Schrag, program director within the National Science Foundation’s Directorate for Engineering; and Tony Stanco, executive director of NCET2.

The lectures run from November 14 to December 12, 2013, and cover the following topics –

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Agensi Inovasi Malaysia and Graphene Nanochem team up to develop innovation hub

Panel discussion featuring the Prime Minister of Malaysia, Najib Razak, and Graphene Nanochem CEO, Jespal Deol.

Panel discussion featuring (left) the Prime Minister of Malaysia – Najib Razak – and Jespal Deol, CEO of Graphene Nanochem.

Speaking this week at the World Islamic Economic Forum (WIEF) in London, UK, Dato’ Jespal Deol, CEO of Graphene Nanochem, which has manufacturing plants in Malaysia, described how a graphene hub could build on product success in the oil and gas industry and bring innovation to other tech sectors.

The company makes speciality chemicals and advanced nanomaterials from renewable sources including waste materials, which goes hand-in-hand with Malaysia’s focus on using agricultural biomass as a feedstock for high-value products (National Biomass Strategy 2020: New wealth creation for Malaysia’s biomass industryPDF download).

Deol, a lawyer by training, has a methodical approach to building a business based on graphene. “You need to assure the financial community that this is a viable product,” he told the audience. “You need to demonstrate supply side capability and product know-how”.

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