Next Seminar of ATSS will take place on May 27, 2010. Advertising Agents! In Alliance you have an opportunity to get a job with a good salary. Please call: 905-508-8423. Следующий семинар ATSS состоится 27 мая 2010 года. Предлагаем работу рекламному агенту. Хорошие комиссионные. Обращаться по тел. 905-508-8423

TECHNOLOGICAL INCUBATORS

(TI)

A methodical approach to commercialize immigrant’s innovations

This document contains confidential and proprietary information belonging exclusively to the ATSS/DISK Partnership.

1. Executive Summary

Alliance of Technology and Science Specialists (ATSS) is a very unique organization, established in1991 and registered as a corporation in 1993. Since that in the ATSS registered more than 1000 members and it became a well-known Community based Organization..

Mostly our members received their education abroad and have significant experiences in diverse fields of Science and Technology.

To facilitate the adaptation of highly skilled specialists in the new country ATSS offers the following interrelated Programmes:

Professional Orientation and Adaptation,

Innovations & Business Development and

Social and Cultural Adaptation, Settlement.

Programs run only by volunteers.

ATSS gained very valuable experience and understanding of specific problems faced by foreign-educated Specialists in their adaptation to Canadian environment.

Based on that extensive experience, ATSS have developed a unique methodological approach and computer program for professional orientation and adaptation of newcomers.

This methodological approach and computer program received many positive responses from newcomers and various NGO Agencies.

We need financial backing to assist us in harvesting our diverse multicultural members encompassing a wide spectrum of innovation to benefit our Canadian economy.

2. Background of the Project

ATSS facilitates and assists highly educated and creative immigrants with the implementation of their projects, (with more than 60 innovations in the ATSS portfolio and constantly growing) through a special type of Technological Incubators in bringing innovations to the market through all stages of development.

Successful absorption of the stream of valuable immigrants’ innovations and bringing them in conclusions developments could be achieved in the ways proposed ATSS/DISK Co. Partnership Methodology.

In short - Technological Incubators is a proactive service that identifies, monitors, reviews and assesses technological ideas of immigrant innovators every step of the way and allows them to successfully conclude their developments for commercialization in the Canadian and North American markets.

Establishing of permanent annual event – Innovation Forum in cooperation with government organizations will attract new innovators and investors not only from Toronto, but across Canada and abroad using growing relations ATSS with other provinces and countries.

Unfortunately, ATSS did not receive financial support from the Government organization.

As a non-profit organization, volunteers spearhead ATSS and funds are needed to assist. It is not possible to perform all our plans effectively only on a volunteer base.

We need financial backing to assist us in harvesting our diverse multicultural members encompassing a wide spectrum of innovation to benefit our Canadian economy.

According to our first-hand experience gained by working with immigrant-innovators it has became clear that most innovations, even those on a stage of preliminary assessment, required additional development of necessary data and documentation for potential investors, as well as additional R&D in some cases.

Due to this experience, ATSS’s specialists established the special type of Technological Incubators similar to those already existing in Israel, Sweden and other technologically advanced countries, but unlike those only on volunteer base. These countries are constantly absorbing a steady stream of highly trained professional immigrants and using methodology similar to ATSS’s Technological Incubators (TI) allows them to bring a successful commercialization of their immigrant’s innovations.

TI envisions the creation of the proactive service that will identify, monitor, review, assess and mentor the technological ideas of immigrant innovators and allow them to conclude their developments for their commercial applicability in the Canadian (North American) market.

The vast majority of immigrant innovators that had approached ATSS with product concepts that were developed by them in their countries of origin or in Canada typically have little to no knowledge/experience of what the consumers are looking for within the Canadian market.

Upon examination and approval of the innovation, ATSS shall prioritize which concept may have the greatest impact on the Canadian economy and the market place as a whole. The viable idea that will fit into the product strategy will enter the TI promotion process. TI will encourage immigrant innovators to devote their time to the development of their innovations and as a result achieve a successful outcome.

ATSS sets no barriers to the participants including age, race or their country of origin. The project is open to any entrepreneur or inventor looking for professional assistance. (See Appendix for the selection criteria).

It is a well-known fact that immigrant science and technology specialists are much more vulnerable to the prolonged stay in unemployed status than other groups of job seekers. Lack of access to current knowledge possessed by the Canadian science-and-technology community seriously undermines the competitive status of unemployed immigrant scientist / technologist, and makes the idea of professional employment highly controversial.

In spite of high professional skills, the immigrants have a “poor sense of direction” in the overwhelming stream of information related to the Government Institutions and their functions; I.E Canadian Laws (including Labour, Industrial and Intellectual Property issues) Industrial Systems, Technological and Business Entrepreneurship, etc.

At the same time, many of the specialists-newcomers have ideas for the Hi-Tech products. They would welcome any help from the governmental or non-governmental institutions to legitimize and finance their project development, since the possibility to do the same on their own is very limited.

ATSS in co-operation with DISK Co. has developed both the conceptual and practical frameworks to solve these issues, which arise from the rising numbers of the foreign-trained, highly skilled specialists’ immigration to Canada.

3. The Methodical Approach to the TI Project

General Statue

TI envisions the creation of the proactive services to identify, monitor, review and assess technological ideas of immigrant innovators for their commercial applicability. In this capacity the project should act in partnerships with existing governmental institutions, and other providers of entrepreneurial support services and investors.

Majority of the immigrant innovators approach TI with the product concepts that were developed by them in their countries of origin. These concepts reflect market size for a product, estimated project return, and estimated capital requirements and competitive issues. The immigrant innovator has little knowledge of what customers are looking for within the Canadian market.

The ability to reduce the vast number of ideas into a more realistic figure is the key objective of TI at this stage. Upon examination and approval, TI prioritizes which concepts may have the greatest impact on the Canadian economy and society.

Once the viable ideas are selected, they must be further developed, examined, and prioritized prior to proceeding to a full design. This phase requires a more formal review and planning process that ensures the concepts are technically feasible, have a potential for a sustainable product, and allow for the profit (using conservative estimates).

This phase typically includes development of a formal Business Plan with actual forecasts, product description, initial specifications, preliminary marketing strategy, and project schedule & resource requirements.

Turning the concept into a tangible product design and transforming that design into a prototype or a pilot is considered to be out of the mandate of TI. From this stage on, the immigrant entrepreneur will proceed within the framework of programs, agencies, funds and companies that provide financing and a supportive network.

Acceptance Criteria

TI supports R&D projects based on the innovative ideas that aim to develop new jobs, export opportunities and international co-operation.
An innovator or a group of innovators must present a project independent of the commercial entity or organization.
The innovators should have no previous successful experience of entrepreneurship in Canada.
TI sets no barriers to the participants including age, race or their country of origin. The project is open to any entrepreneur or inventor who is looking for a professional assistance.

A. Intellectual Property Disclosures

1. The Intellectual Property Disclosures by the Authors of the projects are regulated by and managed in accordance with the general practice of the Intellectual Property Law.

Executive Summary of ATSS Proprietary 5-Phases Methodology

Phase I

• Intake and Registration

Phase II

• Assessment, plan of action and invention proposal.

Phase III

• Evaluation process.

Phase IV

• Establishing a working environment for approved innovations

Phase V

• Promotion of approved innovations

B. Advantages and Benefits of TI

ATSS proposes multiple ways of easing the transition of an immigrant innovator to self-employed entrepreneur for the mutual benefit of the individual and in response, to the Canadian economy.
It offers participating entrepreneurs a promising future and a legitimate chance of continuing.
TI Projects allows the immigrant scientist or technologist to carry out his/her ideas to the stage of explicit product definition and proven technological and marketing feasibility. There should be a prototype or working model and an orderly business plan. The project should be ready for commercial investment and/or a strategic partner who is an expert in the field.
TI enables potential entrepreneurs to clearly understand the input / output requirements of the market, and to make informed employment, business, and technologic decisions.
TI and its partners will offer superior quality and reliable services based on their track records, expertise and experience.
TI will allow government funding to go towards social assistants (family benefits) of an innovator for real assets in Canada’s Economy and Society. Today most immigrant innovators strictly have only financial support from their children or are on welfare and wasting their time doing volunteer work in a profession where they are capable of doing professional work.

Participation of the group of volunteers in the Project will allows the following:

To save government expenses for TI
To get Canadian experience for newcomers-volunteers;
Psychological comfort for retirement specialists involved in TI.

TI will be established as a single point of accountability for all aspects of immigrant innovator projects’ promotion.

C. TI Promotional Strategy

The existence of a group of population, clearly identified as the immigrants with a high-level education backgrounds and a spirit of entrepreneurship, provide the governmental and non-governmental organizations with an opportunity to evaluate their technological ideas. It also provides TI with an opportunity to take the lead in proactively responding to the concerns surrounding the overall group.
Once TI gets the governmental approval and support, it will undertake an extensive marketing campaign within the targeted audience to inform them of the advantages and the availability of the new service. In reaching that audience however, the TI will ensure that it enhances its own brand reputation as a non-profit operator, providing a fare service to a range of publics.
The TI 's plan envisages the use of an extensive public relations campaign, direct mail to target audiences, use of promotional strategies, and combined media advertising.
The success of the TI marketing efforts depends on the strength of its relationships with its partners and the success of joint marketing efforts with those partners.
Initially TI will begin to address the targeted community through traditional media, as well as on-line media. This campaign is designed to create awareness of the new service within the Canadian marketplace in the first two quarters of Year 1, and will see certain amount of money spent on public relations, on-line content development, promotional packages, and media advertising.
TI will measure the success of its marketing initiative, and the participation of partners in it. It will monitor and evaluate the portfolio of new projects, awareness levels this initiative was able to generate in the targeted community.
Success in positioning TI, and attracting public interest in these unique new opportunities will ultimately heighten awareness and drive demand for and use of these services.
Promotion of TI program by the following means:
- Advertising TI in Mass Media, issue brochures, flyers, etc;
- Making presentations;
- Development and issue presentation CD;
- Developing communication and co-ordination between TI and other interested parties.

D. Budget Request

Current year's budget request addresses the TI Program at the ATSS. TI develops new immigrant entrepreneurs’ community that the Canadian economy requires and encourages the highly skilled, productive labour forces that the province of Ontario need. This budget request will describe the resources ATSS need to do this, and how these resources will enable us to carry out the goals of Project in ways that benefit the immigrant researches and technologists who are the top priority.
TI plans to admit approximately 10 projects into the full-scale expertise during the year. Each finalist accepted into the program will be provided an expense account, which can be used to pay for project evaluation in the Canadian Innovation Centre, and business plan writing with respective contractor.
TI plans to establish approximately 10 (“Technological Incubators”) in accordance with finally accepted developments.

E. Risks

The following are the notable risks associated with TI opportunity and ATSS management’s assessment of them.

F. Competition

In its proposal, TI has positioned itself as a non-profit service provider in a unique market niche.
TI does not compete with other non-profit supportive institutions.
It is going to supplement the Canadian Innovation Centre, thus does not intend to compete with it.
TI 's potential competitors are commercial invention promotion companies with dubious reputation and experience.

G. Key Employees

TI 's initial success is dependent on the ability and experience of ATSS President/CEO and ATSS Chief Technologies Officer -- CTO to formulate the TI 's business plan and negotiate partnerships.

H. Technological Change

Technological change remains an important challenge to promoting TI projects. However, the TI does not generate technological projects of it’s own, but reflects the real technological level of it’s clients. Thus, lack of correspondence between the proposed innovation and the Canadian market demands restricts the opportunity for such project and increases the number of rejects at the Phase I.

I. Systems

The success of TI is dependent on the satisfaction of its customers, partners and investors. That satisfaction is predicated on continuous quality service. TI will mitigate its exposure to risks of interruptions in service through managerial solutions, regular backup, and partners’ relationships to handle contingency situations.

back

top

Сегодня

TECHNOLOGICAL INCUBATORS

(TI)

A methodical approach to commercialize immigrant’s innovations

Executive Summary of ATSS Proprietary 5-Phases Methodology