B. Eric Graham Director, TechBridge

September 2010

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The Fraunhofer Center for Sustainable Energy Systems At a Glance 

Founded in April 2008

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40 employees today, 60 expected by 2013

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State-of-the-art 25,000 ft² lab and office building to open in 2011

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Member of the Fraunhofer Energy Alliance

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Partnered with MIT

Funding Sources 

State of Massachusetts

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National Grid

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Private Donors

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Fraunhofer Gesellschaft

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Fraunhofer ISE

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The Fraunhofer-MIT Alliance

Scope of Agreement  Shared lab resources  Collaborative research projects  MIT professors and administrators provide CSE with guidance and expertise  CSE provides work experience and training for joint doctoral students and MIT intern

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Entrepreneurship An entrepreneur is a person who has possession of a new enterprise, venture or idea and assumes significant accountability for the inherent risks and the outcome. Source: http://en.wikipedia.org/wiki/Entrepreneur

We are all entrepreneurs and speculators in one degree or another. Entrepreneurship is a normal human capacity. It can be cultivated and developed. Source: http://www.lewrockwell.com/peterson/peterson13.html

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Why Entrepreneurs are Vital

"Without

startups, our research shows that net job creation in most years would be negative, so policies that expand firm

formation could increase both job creation and the number of highgrowth firms," Dane Stangler said, a senior analyst with the Kauffman Foundation.

Source: http://www.kauffman.org/newsroom/high-growth-firms-account-for-disproportionate-share-of-job-creation-according-tokauffman-foundation-study.aspx

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Discovering My Inner Entrepreneur

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Discovering My Inner Entrepreneur

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Discovering Technology

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Growing a Global Business

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CSE Scientific and Engineering Groups FRAUNHOFER CENTER FOR SUSTAINABLE ENERGY SYSTEMS PV MODULE INNOVATION 

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BUILDING ENERGY EFFICIENCY

Focus on new module design, new materials and manufacturing innovation

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Projects underway with industry to increase module energy yield, improve durability and reduce cost

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TECHBRIDGE

Energy-efficient building envelopes in commercial, residential retrofits

Building-integrated systems with solar thermal, advanced heat pumps, smart controls

SMART GRID

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Residential energy monitoring and control systems

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Working towards energy-saving technologies in grid distribution and interface with renewables

Support start-ups with technical expertise and business services

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TechBridge Creates Clients for Fh by Building Companies FhG FhUSA FhCSE TechBridge

FUNDING PARTNERS

CLIENT COMPANIES  University Startups

 Angel Investors

 National Labs

 VC Investors

 Industry Spinouts

 Strategic Investors

 Independent Entrepreneurs

 Government Agencies Fraunhofer Proprietary Do Not Distribute

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TechBridge Offers a Range of Services for Start-Up Support TechBridge leverages a vast professional network to provide a range of startup services.

Affiliated Services

The TechBridge Tiers of Operation 

Core services built around Fraunhofer R&D

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Funding accessible through co-applications on government grants or through investors

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Business mentorship provided internally through local networks and partnerships

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Office work environments available to select clients

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Other services like legal, accounting and consulting offered through partnerships

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Business Mentors

Funding Partners

Fraunhofer Contract R&D

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TechBridge Brings Value to All Sides Value to Entrepreneurs 

Access to world class Fraunhofer R&D services

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Streamlined connection to investors and strategics

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Lower risk project execution

Value to Investors 

Streamline reduced risk investment process

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Technical partner for support of portfolio companies

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Access to licensing of Fraunhofer Technologies

Value to Fraunhofer 

Create customers for Fraunhofer

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Access to innovative US clients

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Connection to US licensing opportunities

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The Fraunhofer CSE TechBridge Process Bringing innovative cleantech from the lab to the market. Seed Stage Financing

Work Plan

Initial Screening TechBridge staff identify and review innovative technical business plans from universities and other labs.

Fraunhofer researchers help companies define key technical milestones and identifies resources to help reach them.

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Fraunhofer manages a market system where multiple investors are engaged to finance companies.

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Examples of TechBridge Process 20 companies currently in the pipeline – 4 investors are signed up, with 1 more on the way. TechBridge Process

Client Technology

Fraunhofer Institute

Screening

Fraunhofer Contact

Scope of Work

Investor Introduction

Water Purification

IGB

a

a

a

a

LED

CCL

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Quantum Dot / Carbon Nanotube

IME, ISC

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a

o

Solar CSP

IKTS

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a

Solar Tracking

CSE

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a

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Case Studies of Potential Clients

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