SCIENTIST SPIN-OFF INITIATIVE

Promoting a spin-off for scientists to transform research into practical applications, fostering innovation, and driving economic growth

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Vision:​

To transform groundbreaking research into viable commercial ventures to sustainable practices and a circular economy.

Mission:​

To support scientists in developing and commercializing innovative technologies and solutions through a structured spin-off program, providing resources, mentorship, and funding opportunities.

 
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Key objectives
Innovation
Encourage and nurture innovative ideas that have the potential for significant impact
Networking
Establishing a scientific network that includes various partners within the industry, potential investors, and experts to promote and support entrepreneurial projects
Commercialization
Facilitate the transition of research from the lab to the market
Support
Provide comprehensive support to scientists in the form of mentorship, funding, and resources
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Program Structure
1 Ideation and Validation
2 Business Development
3 Funding and Resources
4 Launch and Scale-Up
  • Idea Incubation: Host DESIGN THINKING workshops and brainstorming sessions to help scientists identify and refine their ideas.
  • Market Research: Provide resources for conducting market research to validate the commercial potential of the ideas.
  • Feasibility Studies: Support in conducting feasibility studies to assess technical and economic viability.
  • Business Plan Development: Assist scientists in developing comprehensive business plans, including market analysis, competitive landscape, and financial projections.
  • Mentorship: Connect scientists with experienced mentors from academia and industry to guide them through the business development process.
  • Prototyping: Provide access to prototyping facilities and resources to develop proof-of-concept models.
  • Initial investment phase: Providing initial resources for projects in the early development stage.
  • Grant Assistance: Assist in identifying and applying for grants and funding opportunities.
  1. Infrastructure
    • Provide co-working space and office facilities for spin-off teams.
    • Connecting with modern labs with state-of-the-art equipment to support research and product development.
  2. Training and Coaching
    • Entrepreneurship Training: Training programs on entrepreneurship, business management, and leadership.
    • Technical Workshops: Programs aimed at enhancing skills and knowledge related to digital transformation, environmental protection, and circular economy.
    • IECES collaborates with scientists to translate research into influential commercial projects, contributing to technological advancement.

Ideation and Validation

  • Idea Incubation: Host DESIGN THINKING workshops and brainstorming sessions to help scientists identify and refine their ideas.
  • Market Research: Provide resources for conducting market research to validate the commercial potential of the ideas.
  • Feasibility Studies: Support in conducting feasibility studies to assess technical and economic viability.

Business Development

  • Business Plan Development: Assist scientists in developing comprehensive business plans, including market analysis, competitive landscape, and financial projections.
  • Mentorship: Connect scientists with experienced mentors from academia and industry to guide them through the business development process.
  • Prototyping: Provide access to prototyping facilities and resources to develop proof-of-concept models.

Funding and Resources

  • Initial investment phase: Providing initial resources for projects in the early development stage.
  • Grant Assistance: Assist in identifying and applying for grants and funding opportunities.

Launch and Scale-Up

  1. Infrastructure
    • Provide co-working space and office facilities for spin-off teams.
    • Connecting with modern labs with state-of-the-art equipment to support research and product development.
  2. Training and Coaching
    • Entrepreneurship Training: Training programs on entrepreneurship, business management, and leadership.
    • Technical Workshops: Programs aimed at enhancing skills and knowledge related to digital transformation, environmental protection, and circular economy.
    • IECES collaborates with scientists to translate research into influential commercial projects, contributing to technological advancement.