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Introduc)on
to
the
III

                Ravini
Moodley

‐
19
October
2011

Ins$tute
of
Inventors
and
Innovators


l


Ravini
Moodley
–
CEO


l


2011

How
many
inven$ons
did
you
use
this

morning?





     Ins$tute
of
Inventors
and
Innovators


l


Ravini
Moodley
–
CEO


l


2011

USPTO
Sta)s)cs



                                      1999
            2001
            2003
            2005
   2007
   2009

SOUTH
AFRICA
                            110
             120
              112
           87
     82
     93

CHINA
                                     90
            195
              297
          402
    772
   1655

INDIA
                                   112
             178
              342
          384
    546
    679

SINGAPORE
                               144
             296
              427
          346
    393
    436

CHINA,HONG
KONG

S.A.R.
                                  155
             237
              276
          283
    338
    305

BRAZIL
                                    91
            110
              130
           77
     90
    103

NEW
ZEALAND
                             114
             124
              135
          122
    113
    127

IRELAND
                                   90
            141
              163
          156
    146
    177

RUSSIAN
FEDERATION
                      181
             234
              203
          148
    188
    196

MEXICO
                                    76
               81
              85
          80
     56
     60


           Ins$tute
of
Inventors
and
Innovators


l


Ravini
Moodley
–
CEO


l


2011

III
Background



•  Established
in
1974

•  Provided
support
to
a
number
of
inventors

   and
commercialised
many
inven$ons
over

   the
years


•  Revived
in
2010

•  Registered
as
a
Sec$on
21
company

•  Received
funding
from
the
IDC
to
start

   opera$ons

                  Our
Mandate:

     To
assist
inventors
and
innovators
from

          concept‐to‐commercializa$on



     Ins$tute
of
Inventors
and
Innovators


l


Ravini
Moodley
–
CEO


l


2011

What
do
inventors
need?



•  Training
–
on
various
aspects
around
inven$ng,
par$cularly
legal
and

   market
related
issues


•  Contact
with
designers,
manufacturers,
marketers
and
other
service

   providers


•  More
inven$on
exhibi$ons


•  A
manual
to
get
from
concept
to
commercializa$on


•  Pictures
of
members
inven$ons


•  Opportunity
to
interact
with
other
members



         Ins$tute
of
Inventors
and
Innovators


l


Ravini
Moodley
–
CEO


l


2011

Inventors
and
Innovators
Needs

                      Is
there
assistance
available
from
start
to
finish?



           Department
Science
                                                    Department
Trade
and

             and
Technology
                                                            Industry

                                                                          Business

                              
Feasibility
                              Plan
/Raise

Develop
                                                                   Capital
                            Patent

Concept
                         Study





            Research
                                   Market
                                   Prototype
             Commer
           and
Develop
                                research
                                                          cialize








                                                         and

                                                       Strategy

                                                         Dev.





                          Ins$tute
of
Inventors
and
Innovators


l


Ravini
Moodley
–
CEO


l


2011

How
do
we
assist
inventors?




    Branch
Mee)ngs
–
networking,
informa)on
exchange
















    
    (Gauteng
monthly
and
Cape
Town
Quarterly)

•  Eminent
speakers
that
have
addressed
our
members
this
year

   include:

        •  Willie
van
Straaten
(ex
Verimark)

        •  
Kerryne
Krause
Neufeldt
(Eyeslices)


        •  Pavlo
Phi$dis
(Aurik
Incubator/Radio
Personality)

•  

Regular
a`endance
of
between
50‐100
members


Members
comments:


“I
want
to
get
my
inven$on
working
asap
aber
hearing
that”

“I
need
the
speakers
contact
details,
we
need

to
chat”


“We
need
more
III
ac$vi$es
in
Cape
Town”



                 Ins$tute
of
Inventors
and
Innovators


l


Ravini
Moodley
–
CEO


l


2011

How
do
we
Assist
Inventors


                              Pitch‐it‐to‐the‐Panel

•  





Our
Expert
Panel
volunteer
their
$me
on
a
Saturday
to
assist



      
    IP
a`orney
     
     
     Industrial
Designer


      
    Inventor
 
     
     
     Market
Research/
Commercialisa$on
 
         
     Funder
(Public
and
Private)


•  Currently
nego$a$ng
with
FNB
to
fund
this
project
from
next
year


•  This
year
3
sessions
in
Gauteng
and
1
in
Cape
Town


•  Would
like
to
increase
the
frequency
next
year
and
include
Eastern
Cape

    and
KZN

                            Members
Comments

“Just
to
thank
you
so
very
much
for
the
Pitch‐it
event
of
Saturday.

It
really
meant
very
much
to
me,
to
share
and
discuss
the
inven<on,
with

you
all.
I
have
come
home
with
a
lot
of
new
thinking
and
the


necessary
contacts.”




             Ins$tute
of
Inventors
and
Innovators


l


Ravini
Moodley
–
CEO


l


2011

How
do
we
Assist
Inventors



Training
–
workshops
and
seminars


Newsle`ers
–
informa$on
on
the
latest

opportuni$es
for
inventors


Linkages
and
referrals


Web
based
informa$on
and
tools


But
we
need
to
do
so
much
more
to
have
the
impact
we
want
to
have
!





         Ins$tute
of
Inventors
and
Innovators


l


Ravini
Moodley
–
CEO


l


2011

Ins$tute
of
Inventors
and
Innovators


l


Ravini
Moodley
–
CEO


l


2011

Ins$tute
of
Inventors
and
Innovators


l


Ravini
Moodley
–
CEO


l


2011

Ins$tute
of
Inventors
and
Innovators


l


Ravini
Moodley
–
CEO


l


2011

Ins$tute
of
Inventors
and
Innovators


l


Ravini
Moodley
–
CEO


l


2011

Ins$tute
of
Inventors
and
Innovators


l


Ravini
Moodley
–
CEO


l


2011

Six
steps
on
the
III
Roadmap



•  The
III
roadmap
has
6
defined
step
with
sub‐ac$vi$es
within
it.


•  This
is
a
dynamic
tool
and
we
hope
that
users
will
help
us
build
it

   over
$me.



•  Corporate
membership
is
also
be
available.


•  For
service
providers
‐
Sponsored
blogs
and
special
III
member
deals

   are
welcome.
We
will
reserve
the
right
to
decide
what
is
published.





          Ins$tute
of
Inventors
and
Innovators


l


Ravini
Moodley
–
CEO


l


2011


Conclusion


                     Future
Impact
of
the
III




1.  Promote,
nurture,
enhance

a
culture
of
innova$on
in

    South
Africa

2.  Raise
issues
around
innova$on
in
public
fora
and
raise

    awareness
on
issues
of
innova$on

3.  Develop
SA
capacity
–
inven$on,
innova$on,
IP

4.  Create
a
consistent
pipe
line
of
globally
compe$$ve


     innova$ons



5.  Increase
success
rate
–
reduce
failure
&
risk

6.  Reduce
cost
&
$me
to
market
in
South
African
inven$ons

7.  Increase
local
&
interna$onal
investment
in
SA



       Ins$tute
of
Inventors
and
Innovators


l


Ravini
Moodley
–
CEO


l


2011

Contact
Us



                                 18
St
John
Road


                                    Houghton

                                        Jhb


                          Email:
ravini@iii.org.za


                                Tel.
011
487
1536




                   www.iii.org.za



Ins$tute
of
Inventors
and
Innovators


l


Ravini
Moodley
–
CEO


l


2011


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Introduction to the III - Ravini Moodley