icici knowledge park impact areas like health ... initial funding and management support from icici...

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IKP Knowledge Park Deepanwita Chattopadhyay Chairman & CEO

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Page 1: ICICI Knowledge Park impact areas like health ... Initial funding and management support from ICICI ... Non-profits . Business Matrix

IKP Knowledge Park

Deepanwita Chattopadhyay

Chairman & CEO

Page 2: ICICI Knowledge Park impact areas like health ... Initial funding and management support from ICICI ... Non-profits . Business Matrix

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

Page 3: ICICI Knowledge Park impact areas like health ... Initial funding and management support from ICICI ... Non-profits . Business Matrix

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

Page 4: ICICI Knowledge Park impact areas like health ... Initial funding and management support from ICICI ... Non-profits . Business Matrix

What we do….

Inspire

Incubate

Integrate Collaborate

Impact IKP

Industry,

Entrepreneurs

Academia,

Innovators

Funds, VC, Angel,

Banks

Government

Non-profits

Page 5: ICICI Knowledge Park impact areas like health ... Initial funding and management support from ICICI ... Non-profits . Business Matrix

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

Page 6: ICICI Knowledge Park impact areas like health ... Initial funding and management support from ICICI ... Non-profits . Business Matrix

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

Page 7: ICICI Knowledge Park impact areas like health ... Initial funding and management support from ICICI ... Non-profits . Business Matrix

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

Page 8: ICICI Knowledge Park impact areas like health ... Initial funding and management support from ICICI ... Non-profits . Business Matrix
Page 9: ICICI Knowledge Park impact areas like health ... Initial funding and management support from ICICI ... Non-profits . Business Matrix

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

Page 10: ICICI Knowledge Park impact areas like health ... Initial funding and management support from ICICI ... Non-profits . Business Matrix

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

Page 11: ICICI Knowledge Park impact areas like health ... Initial funding and management support from ICICI ... Non-profits . Business Matrix

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

Page 12: ICICI Knowledge Park impact areas like health ... Initial funding and management support from ICICI ... Non-profits . Business Matrix

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

Page 13: ICICI Knowledge Park impact areas like health ... Initial funding and management support from ICICI ... Non-profits . Business Matrix

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

Page 14: ICICI Knowledge Park impact areas like health ... Initial funding and management support from ICICI ... Non-profits . Business Matrix

IKP-EDEN Bangalore: Startups at Work

Page 15: ICICI Knowledge Park impact areas like health ... Initial funding and management support from ICICI ... Non-profits . Business Matrix

IKP Annual Innovation Conference

IKMC2015, Session on Globalising Indian

Innovations, November 4, 2015

IKMC2016, Inaugural Plenary Session,

October 24, 2016

Page 16: ICICI Knowledge Park impact areas like health ... Initial funding and management support from ICICI ... Non-profits . Business Matrix

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

Page 17: ICICI Knowledge Park impact areas like health ... Initial funding and management support from ICICI ... Non-profits . Business Matrix

Thank You

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WITH SUPPORT FROM