GCG has ongoing programs in India and Korea, as well as a program serving four regions in Africa and Asia.
DST-Lockheed Martin India Innovation Growth Program
Since 2006, GCG has conducted a nation-wide technology commercialization program aimed at helping India’s early-stage innovators bring their new technologies to market in India and around the world. The program has benefited more than 1,000 Indian scientists, engineers, inventors and entrepreneurs across virtually every technology sector. GCG combines education and coaching, along with professional international commercialization assistance that has helped participating innovators generate more than $814.1 million in revenue. The program is funded by Lockheed Martin Aeronautics Company and the Government of India’s Department of Science and Technology (DST). GCG has partnered with the Federation of Indian Chambers of Commerce and Industry (FICCI) to deliver this and previous programs. Read here the Second Impact Analysis report on the program, as prepared by Ernst & Young.
XLr8 Andhra Pradesh Technology Accelerator
GCG has begun a multi-year program for the state of Andhra Pradesh, India. Sponsored by the Andhra Pradesh Innovation Society, the program will establish a model business incubation center in the growing city of Tirupati. A GCG manager will reside in Tirupati for the first 17 months of the program. During this initial program period, GCG will train innovators and entrepreneurs, select startups for admission to the XLr8 Andhra Pradesh Technology Accelerator, and provide international business development services to incubating companies. GCG will also collaborate with the Federation of Indian Chambers of Commerce and Industry (FICCI) to recruit program participants from throughout India and to support Indian startups interested in domestic markets. The Andhra Pradesh Innovation Society envisions the program as a model for the state—a state with a goal of “an entrepreneur in every family” and the establishment of 100 new incubation facilities.
Daejeon, Republic of Korea
GCG has conducted technology commercialization programs in Daejeon since 2010. Partners have included the Korea Institute of Science and Technology Information (KISTI) and the Korea Advanced Institute of Science and Technology (KAIST), with support from the Daejeon Metropolitan City. The current partner is the KAIST Center for Innovation Initiatives (KCI), a division of KAIST. Each program year has included training of innovators and entrepreneurs, research into the market potential of Korean innovation in the U.S., US business-development support, and business engagement agreements between Korean innovators and international partners. To date, over $1.3M (USD) in signed business deals has been facilitated by the Daejeon programs.
Gyeonggi, Republic of Korea
In June 2008, GCG created the Gyeonggi-UT Innovation Program in partnership with the Gyeonggi Small to Medium Business Center (GSBC). After successful completion of the two three-year terms of the program, GCG and Gyeonggi Province have extended and expanded the program in 2015. Each program year begins with training and market assessment research for selected applicants. Following this phase, the most promising innovators are selected to receive extensive international business development support. The program has supported over 80 companies for business development, with export revenue projected to be over USD$30M after finishing the program.
Jeollabuk, Republic of Korea
GCG is assisting the Jeollabuk province of South Korea to build its capacity to identify and assist promising technology companies and innovators. The program started in 2013 and has established processes for the screening of innovation, utilizing proven GCG methodologies, and immediately putting the processes into play by selecting and helping innovators. Work includes interviewing innovators, conducting technology assessments, research, analysis, and reporting, and then providing international business development support. GCG instructors will also provide training sessions on topics critical to international technology commercialization, such as marketing, value propositions, commercialization strategies, and intellectual property protection issues.
GCG is providing training for infoDev’s Climate Technology Program (CTP), with workshops in four different countries (Kenya, Ghana, South Africa, and Vietnam), and in Washington, DC. infoDev is a multi-donor program in the World Bank Group that supports entrepreneurs in developing economies. The training is designed to supporting infoDev’s Climate Innovation Center network and will emphasize effective management of incubators that focus on clean technology ventures.