Assessment criteria
Your application should:
- Indicate the ways the proposed technology will have a positive economic impact.
- Provide clear grounds that there is a demonstrable and real market opportunity for the technology.
- Clearly express what must be undertaken to achieve a commercial outcome from the project.
- Describe the experience of key personnel; both in the research and development (R and D) process and in the progression to commercialisation.
- Confirm that access to all prior Intellectual Property Rights necessary for this project have been secured and are owned by the Institution.
- Include a clear description of the proposed strategy for commercial exploitation of the technology.
- Be realistic in terms of both the opportunity targeted in the application and the position of the market.
- Give reasonable project costs and adequately justify them in the application.
- Clearly articulate the programme of work.