Member Countries:
Armenia
Belarus
Canada
EU
Georgia
Japan
Kazakhstan
Kyrgyz Republic
Norway
Republic of Korea
Russian Federation
Tajikistan
United StatesInnovation Initatives
Commercialization Support Program goals
• Bring marketable, revenue-producing hi-tech goods/services in advanced stages of development from former defense institutes to the market
• Support technology transfer that brings revenue to former defense institutes
• Create sustainable jobs for Former Weapons Scientists
Funded by Parties and government Partners. Co-funding can be provided by outside investors, including Russian government agencies and private companies.
Outcomes of commercialization initiatives
• Sale of technology licenses or portfolios of technology licenses from former defense experts, bringing revenue to the institute. • Strategic partnerships/alliances between former defense experts and larger companies.
• Support creation of start-ups & spin-offs involving former defense experts
• Support creation of joint ventures involving former defense experts and Western partners
Terms of Support for Commercialization Initiatives
The program positions itself in the early phase of hi-tech commercialization processes as a risk-sharing mechanism to support mature civilian technologies from former defense experts to the point where investors, commercial partners, etc. become involved.
• ISTC exits when a technology becomes profitable or the CI becomes financially self-sustainable.
• ISTC takes no profits, royalties, equities.
• ISTC takes no part in beneficiary’s business decision-making process, but can advise if requested, under appropriate legal protections.
Types of Support for Commercialization Initiatives
Available only for ISTC beneficiaries within our mandate (former military scientists & experts). Financial Support for up to $1M can include:
• Equipment and materials
• Infrastructure upgrades
• 3rd party services (consulting, marketing, advertising)
• Training, travel for networking purposes.