Functional Foods Centre- Information Meeting potx

Functional Foods Centre- Information Meeting
28
th
August 2006
Agenda

2pm – 2.15pm Registration, tea & coffee

2.15pm – 2.35pm Introduction & welcome

Overview of expressions of interest received in response to
the call

Input from the company viewpoint

Review of process to date

2.35pm – 3.30pm Synopsis of funding
initiative

Initiative Objective

Centre Objectives

Governance

Centre Director

Board of Management

Intellectual Property Committee


Financial Agent and Reporting

Institutional Commitment

Scientific Advisory Board

Reporting & Reviews
Agenda, contd.

Funding

Documentation

Funding Contract

Consortium Agreement

Joint Ownership Agreement

3.30 – 4pm Coffee Break

4pm – 4.30pm Outline of process going forward

Invitation to submit names of evaluators or individuals that may be inappropriate

Call for Full Proposals

Evaluation Process


Selection of Successful Proposals

4.30 pm Networking & Wine Reception
Initiative Objective
To build genuine, long-term, academic-industry
collaborations and networking and to develop
appropriate industry-focused, world-class
capabilities or competencies
Centre Objectives- Research

Support the development of the functional food industry in Ireland.

Create a new, internationally-competitive, interdisciplinary, industry-focused research
centre developing skills and technologies that will lead to new products, processes and services.

Develop research programmes that are jointly formulated and implemented by the
participating academic and industrial partners with a view to providing the best solutions to the
medium and long term issues facing industry in Ireland.

Develop research programmes of excellence, with oversight from a single director with a record
of internationally- recognized research achievement.

Ensure the results of that research programme are made available to the industrial sector for
commercialization.

Maintain the integrity of the results
Centre Objectives

Train and equip new postgraduate and other students and industrial employees with
skills and attributes which are relevant to the industrial sector.


Promote organizational connections and linkages within and among campuses,
industry, other research bodies and international collaborators.

Ensure that the participants with their differing disciplines and background will, through
their participation in the centre, add value to each other so that the performance of
the centre will be greater than that of each participant acting independently.

To facilitate the accession of additional university and industrial participants,
including small and medium sized enterprises, on reasonable commercial terms,
where such accession would enhance the centre’s objectives.
Governance- Centre Director.
The centre director is key to the operation!!
This person should have the expertise to oversee all the operations of
the centre and the vision to lead the development of an
internationally-recognized commercially-focused centre of
excellence.
The director’s role is to deliver on the centre objectives as listed in
slides 5 and 6.
This person must have credible relevant industrial experience
Governance- Board of Management
The centre will be managed by a Board of Management (BOM)
which will represent a balance of the interests of the
participating academic and industrial participants
The BOM will retain overall responsibility for the operation of the
centre.
Intellectual Property Committee
The board of management will be required to appoint an Intellectual
Property Committee which will define policies and procedures relating to
intellectual property arising out of the centre results


How to ring-fence the results

Communication of inventions

How to protect inventions

Publishing policies

Notification of IP to Industrial Partners

Option period

How to commercialise in the event no partner company takes the IP

Dispute Resolution
Financial Agent and Reporting
The consortium will be required to nominate a financial agent to manage
all financial aspects of the funding of the centre.
The financial agent will be responsible for reporting on the financial
position of the centre
Institutional Commitment
It is critical that the host institutions are committed to the success of
the centre and that the centre is seen as adding value to the overall
strategy of the institution.
Scientific Advisory Board
It is envisioned that a Scientific Advisory Board will be appointed
to provide direction for and validation of the research
programmes.
Funding


Enterprise Ireland:

Up to a maximum of €2m/ year.

Initial Industrial Partners:

20% of the EI grant up to a maximum of €400,000/year.

Additional Contributions (Cash or In-kind):

Minimum of 10% of EI grant in Year 4

Minimum of 20% of EI grant in Year 5

Overheads:

30% of modified total direct costs on EI grant will be paid to
institution
Documentation
Funding Contract:

Financial Contributions

Obligations on participants

Conflict, Liability and Dispute resolution

Consortium Membership


IP and Centre Results

Changes in Membership

Term and Termination
Consortium Agreement
- Obligations on participants
- Management and Governance
- Management of Funds
- Resources
- Consortium Membership
- Dispute Resolution
Joint Ownership Agreement:
(Universities only)
- IP Management
- Ownership and Royalties
- Dispute Resolution