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SATT LUTECH Transfer Starts Up

Combined Forces Will Maximize the Innovative Potential in its Regions

 

SATT LUTECH has launched its business operations, bringing a new level of technology transfer capabilities to the Ile de France and Picardy regions. SATT LUTECH will accelerate the maturing and transfer of technologies developed primarily, though not exclusively, by the company’s shareholders—UPMC, the CNRS, UTC, Panthéon-Assas University and INSEAD—and its future shareholders, the Muséum national d’Histoire naturelle and ENSCI, which have a total combined research expenditure of 750 million euros and more than 7,500 full-time scientists and research staff.

 

Following its successful bid in the French government’s “Investing in the Future” program, SATT LUTECH was awarded 20 million euros for the first three years, and an expected total of 73 million euros over ten years. These funds will enable SATT LUTECH to achieve its ambitious goals of detecting 200 technologies per year, taking 140 of these to maturation, for 40 technology transfers every year, in the long term, either as a start-up in incubation or in licensing agreements.

From Invention to Innovation

SATT LUTECH will invest in and pilot a full range of technology maturation, from proof-of-concept, prototyping and demonstrators, through to market positioning studies, IP management and other regulatory measures. The company will also offer its shareholders a variety of services, including invention detection and the management of invention disclosures and patent portfolios.

Creating New Partnerships and Synergies

SATT LUTECH has already implemented innovative agreements with its shareholders, including new curricula in partnership with INSEAD and Panthéon-Assas University, to create pluridisciplinary teams of scientists and business management students as well as offering UPMC doctoral candidates part-time missions in technology transfer.

Innovation in INSEAD’s MBA partnership

Sci-Tech Commercializer, a new MBA partnership, was created with INSEAD and launched last January. It brings together researchers and MBA students in a tech transfer project. The partnership program enables researchers to gain more business context, and business students to become part of a ground-up operation in a real technology offer that shows market potential.

 

The program starts with a pitching workshop where researchers are trained by INSEAD professors on how to pitch technical or complex inventions in a clear and compelling manner. These researchers then pitch their projects to an amphitheater of MBA students to “recruit” their business team members. The project teams undergo a 48-hour “boot camp” to establish a workable business model, with the most viable projects selected by a jury at the end of the camp. During the next eight months, the selected projects pass through various courses on commercialization and are mentored by INSEAD professionals either for technology licensing or the creation of a start-up, while in parallel SATT LUTECH guides the technology maturation.

 

“The first year of the Sci-Tech Commercializer MBA has already gotten off to an excellent start,” says Bill Magill, Director of Science Entrepreneurship at INSEAD. “Researchers presented to about 80 MBA students, 9 projects were selected at the boot camp, and at least five of these are expected to complete the maturation cycle successfully.”

Strategic and Entrepreneurial Management Master’s (SME)

SATT LUTECH is also a partner in the Panthéon-Assas University’s SME Master’s program. First launched in 2009, this master’s degree is designed to offer the knowledge and skills needed to develop innovative business models for start-up companies, as well as their strategic management. The SATT LUTECH apprenticeships will provide hands-on experience in technology transfer through the creation of market studies and operational business plans.

 

Doctoral Missions at UPMC

SATT LUTECH is now offering UPMC doctoral candidates part-time positions in the company. Considered as a doctoral “mission”, these placements will enable these first-time researchers to better understand the importance and the challenges of transferring research results into the market.

Partnerships with Small and Medium Enterprises

SATT LUTECH has also teamed up with Materalia, a competitivity cluster specialized in materials and processes. A workshop will be held in September aimed at building synergies between SATT LUTECH and Materalia’s small-and-medium-enterprise (SME) members. This type of partnership will also be developed with other technological clusters. SATT LUTECH’s ability to offer SMEs innovative technologies for license could give a crucial advantage to French SMEs in this competitive, international market.

An Expert Team

The shareholders of SATT LUTECH have appointed Alain Tassy as the company’s president. In this role, Tassy will oversee all aspects of the strategic planning and establishment of the company. Tassy is an experienced executive in the high-tech sector, having held management positions at major telecoms, such as Alcatel, Vodaphone, UUNET and MCI WorldCom, as well as being the founder and/or director of a number of smaller companies. SATT LUTECH is currently building its core team and expects to have a staff of 15 by the end of the year.

A Long History of Technology Transfer

SATT LUTECH’s shareholder successes in patenting and technology transfer include CARMAT, a publicly listed company that has recently raised 40 million euros in investment capital to develop and market an artificial heart; and Fovea, a pharmaceutical company acquired by Sanofi for 370 million euros in 2009, and SENSITIVE OBJECTS sold to Tyco for 44 million euros—all examples for SATT LUTECH to follow.

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SATT LUTECH Shareholders

About the CNRS

The National Centre for Scientific Research (CNRS) is the French national research organization. With more than 11,450 researchers and an initial budget of 3.204 billion euros in 2011, CNRS operates in all fields of knowledge, based on more than 1,100 research units located across the country. With 17 Nobel laureates and 11 Fields Medalists, the CNRS has a long tradition of excellence. For more information, see: www.cnrs.frNouvelle fenêtre

 

About UPMC*

As a leading French university of science and medicine, Pierre and Marie Curie University (UPMC) offers bachelor’s, master’s and doctoral programs to 32,000 students and conducts research in its 126 laboratories in a broad number of domains, including fundamental science, and ranging from targeted research to sustainable development for complex systems. For more information, see: www.upmc.frNouvelle fenêtre

 

About Panthéon-Assas University*

Panthéon-Assas is considered the top law school in France. The University has 24 research centers and five doctoral schools. Panthéon-Assas is composed of four departments specializing in law, public and private management, economics and political science. It enrolls 8,000 undergraduate and 9,000 postgraduate students with 2,500 foreign exchange students every year. For more information, see: www.u-p2.frNouvelle fenêtre

 

About INSEAD*

As one of the world's leading and largest business schools, INSEAD has campuses in Europe, Asia and the Middle East. Its renowned faculty members from 35 countries inspire more than 1,000 degree participants annually in its MBA, Executive MBA and PhD programs. More than 6,000 executives participate in INSEAD's Executive Education programs each year. For more information, see: www.insead.eduNouvelle fenêtre

 

About UTC*

The Université de Technologie de Compiègne (UTC) has more than 4,000 engineering and master's students as well as PhD candidates who benefit from the technological innovation taking place in UTC's research units. The engineering curriculum has a modular course structure, to ensure both excellent engineering skills and a good general education. For more information, see: www.utc.frNouvelle fenêtre

 

About future shareholders:

Both the Muséum national d’Histoire naturelle* (France’s natural history museum with extensive collections and which performs research in biodiversity and geodiversity) and ENSCI (École nationale supérieure de création industrielle, France’s premier industrial design school) are currently becoming shareholders in SATT LUTECH. For more information: www.mnhn.frNouvelle fenêtre and www.ensci.comNouvelle fenêtre

 

* Members of Sorbonne University

 

Contact SATT LUTECH: Alain Tassy     Tel: +33 (0)1 44 27 80 14     Email: alain.tassy@sattlutech.com

 

Contact UPMC: Katherine Tyrka    Tel: +33 (0)1 44 27 51 05    Email: katherine.tyrka@upmc.fr



11/07/12