Office of Technology & Innovation Commercialization (TICO) About CU-TICO In 2008, the leadership of Cairo University undertook a major effort toward building a new model that efficiently translates its research into new products, new industries, and global impact. To achieve this goal, the university created a new office of Technology & Innovation Commercialization (TICO) to guide this charge. CU-TICO’s main goal is to become a major driver of economic impact and breakthrough innovation in Egypt. The Technology & Innovation Commercialization Office (TICO) at Cairo University is to serve our University and students, our partners in business, our entrepreneurs and the community at large. Our goal is to add value in every transaction and support all phases of university technology commercialization, industry relations, and start-up development in Egypt. Website: www.cu-tico.org Our Objectives Build a culture of innovation, service, responsiveness, creativity, and accountability Create customized initiatives that enhance the research and innovation in the community Develop a robust start-up culture that drives economic development Increase industry-sponsored research and long term partnerships Engage students in every aspect of the commercialization process to enhance their learning experience in support of Cairo University’s mission Make Cairo University one of the top five research institution in commercialization productivity CU-TICO Team The CU-TICO team comes from a wide range of businesses and backgrounds; what they share is enthusiasm, expertise and a passion for our goal. Partners We work in partnership with a range of organizations, helping to join up the innovation landscape, some of these are: Academy of scientific, research and Technology - ASRT Technology innovation and entrepreneurship center tain&able Innoventures Banque Misr Foundation for community development & welfare Success Stories With our help, we aim that businesses across Egypt will achieve success and create growth through innovation. Stay tuned for true stories that will be added soon. Inventors In CU-TICO we believe that there is a wide range of benefits when University technologies are successfully commercialized. The public benefits through job creation, as well as the introduction of innovative and life-saving products and services. On the other hand, The University, its researchers, and students benefit from commercialization revenue that provides critical funding for further researches. Some of the benefits of transferring your innovation to the commercial market are: Allows you to see your work benefit society Leads to new products and services that improve quality of life Creates new businesses and jobs Attracts research sponsors Provides recognition and financial reward for you and the University Increases industry contact and chances for student employment Industry CU-TICO welcomes inquiries to get to know us more. We believe the most effective relationships result from ongoing engagements with aligned interests. If we know what you’re looking to accomplish, we’ll have a better chance of helping you find a compound, tool, or process that will help get you there, hence we always enjoy learning more about your business and technology needs. What We Deliver At Cairo University Technology & Innovation Commercialization Office (TICO) we serve the university professors, researchers, graduates, and students, by turning their inventions, ideas, technologies, and research into business opportunities and products that make an impact in the local and global marketplace. In order to do so, we have specialized team that provides inventors with experience and guidance in the below areas: o Licensing & Patents Our team assesses, manages, and strategically places technologies into the marketplace while protecting intellectual property through patents or other unique IP protection methods. We rely on clear milestones, shared interest and responsibility of Inventors to progress technologies forward. CU-TICO actively engages with each Faculty at Cairo University, examining the technology portfolios, leveraging resources, and monitoring follow-on investment as key outcome drivers. Everything we do results in intellectual property we can license. In CUTICO we utilize industry standard terms. o Start-Ups In CU-TICO we understand the importance of start-ups to the community, so when a new innovation is presented to us, our team provides the methodology support, answers, connections, and resources it needs to produce a viable company. o Ideation Support In cooperation with our partners we help inventors to bring their ideas to life. Design and prototyping experts help an inventor further his or her concept and determine the greatest potential to maximize an invention’s value. CUTT Competition Cairo University Technology Transfer Competition (CUTT) is looking for ideas and businesses which (a) include or incorporate some form or element of technology innovation, whether simple or complex, and (b) which have commercial and growth potential in terms of meeting a market need and being "scalable". A technology idea or innovation has limited value if it is a "one horse trick" or if it cannot be replicated or scaled up to benefit a wider market. The competition is looking for innovations which not only fit the Innovation definition, but which also have either demonstrated, or potential, commercial application. This can be summed up in the word "scalability". Scalability means that the innovation, along with the relevant product(s), process(es) or service(s) can be delivered costeffectively, repeatedly and on a larger scale over time, even if this might be a slow process, to more and more users, customers or beneficiaries, in a commercially viable manner, ie while generating more revenue than the cost of production and delivery. While you may not have a detailed plan to scale up your concept for your entry, you need to be able to at least outline in broad terms how this might happen. Having a sound technology innovation concept, a "driver" of the business and a good customer value proposition are the basic requirements for a scalable business. Thereafter, it will need a business, technology and financial "trajectory" with defined milestones.