NEWS

Einstein Telescope valorization program advisory board launched

Sept. 5, 2023

The Valorization Advisory Board installed on August 30 is tasked with advising on how to get maximum impact from the technologies being developed for the arrival of the Einstein Telescope. The advice of this body of six experts from leading business and industry is thus important for strengthening the valorization program.

 

To stimulate innovation and accelerated development of new technologies for the Einstein Telescope (ET), an ET Valorization Program has been established. The Valorization Advisory Board guides this program. Part of this program is a R&D scheme for high-tech companies. This will start in the fall and over €12 million is available for this. 

What will the Advisory Council do?

The council will advise on various aspects of the valorization process. For example, the council will advise on potential business opportunities that may arise from the technology domains, discoveries and innovations resulting from the ET project. In addition, the council will work on identifying and attracting the right partners and networks. This is critical to effectively commercialize the knowledge and technologies. The advisory board will make strategic recommendations to establish valuable collaborations. Monitoring program results is another important task. By setting specific and measurable goals, the success of the program can be evaluated and any adjustments can be made. The advisory council advises in setting these goals. Finally, they deal with setting up the organization. Setting up an efficient and well-functioning organization is important to promote the translation of technological breakthroughs into practice. The council advises on the optimal structure and functioning of this organization.
The council meets on a regular basis to advise and evaluate progress. 

Who are on the Advisory Council?

The members of the Valorization Advisory Board are renowned experts from the high-tech industry and have extensive experience in the commercialization of new technologies and product/market combinations. Their diverse backgrounds and knowledge will provide valuable insights to successfully roll out the ET valorization program. The board includes:

  • ASML - Joost Smits, EVP Development & Engineering
  • CERN - Han Dols, Head of Business Development & Entrepreneurship
  • Demcon - Dennis Schipper, CEO 
  • PhotonDelta - Ewit Roos, CEO
  • S[&]T Ventures - Bart van Mierlo, Director Owner
  • VDL Groep - Geert Jakobs, CEO VDL ETG. 

 

Program Manager Jorg van der Meij (LIOF) said, "We are pleased with the establishment of the Valorization Advisory Board and look forward to working closely with them. With the addition of this council, an important step has been taken in ensuring a sustainable and socially responsible valorization of expected technological developments."

 

Pictured from left to right are Bart van Mierlo, Dennis Schipper, Jorg van der Meij, Joost Smits, Geert Jakobs, Han Dols and Ewit Roos.

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R&D scheme

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