Visage Energy/SRI International Partnership

The Visage Energy/SRI Partnership commercialization effort, shown in Figure 2, is designed to establish commercialization pathway(s) for novel technologies by aligning multi-organizational teams to focus on end-user needs. The commercialization effort embodies a macro and micro level perspective to research and development projects. This approach ensures that business needs are considered early in the technology development process by incorporating all members of the “business ecosystem” (i.e. end users, OEMs, and public stakeholders). This is accomplished by developing partnerships that consist of not only the technology developers, but also organizations such as government entities and financial institutions that are critical to ensuring long-term acceptance of the technology by the marketplace. For example, state and federal stakeholders are engaged early in the process, providing a regulatory framework that supports the commercialization of CCS technologies due to their greater understanding of CCS technical and economic performance capabilities (See Figure 3). One of the components of the Visage Energy/ SRI commercialization effort is to create this alignment.

Visage / SRI Commercialization Method

• Technologist focuses on match between technology and CUSTOMER NEEDS
• Inject business perspective and acumen EARLY into technology RD&D effort
• Engage end-users and stakeholders EARLY
• Complete coordination of language and processes across Federal, state, and private efforts through a PUBLIC-PRIVATE NETWORK
• Establishes a COMMON language to decrease deployment time
• Maximize licensing and start-up opportunities

This group assists in determining the financial and insurance issues associated with the commercialization of the technology as well as to assist with the selection and development of key partnering relationships necessary for successful commercialization of the technology. An assessment of the technology transfer opportunities associated with the technology will be evaluated. Specifically, a broad spectrum of technology transfer options available for the technology will be considered (i.e. Licensing Model, Joint Venture etc). For its clients, VE/SRI develops a commercialization plan that includes the financial and insurance aspects associated with the successful progression through the remaining maturation R&D stages of the technology.