How the proposal is evaluated
All proposals will be expected to demonstrate:
- value for money;
- that funding sources required after the new funding period have been identified;
- that the funding will significantly increase the chances of a successful commercialisation outcome; and
- that other sources of funding have been explored – particularly for those projects funded in Rounds earlier than Round 7 and which are not at the milestone/gate review stage.
The Project Management Group accompanied by the outcome manager will make a 20 minute presentation to the panel, followed by time for questions/discussion. The presentation should cover:
- brief history of the Proof of Concept Programme project;
- where the project is now and where it is going (technically and commercially);
- commentary on the team;
- details of funding request;
- status of intellectual properties;
- risks;
- beyond the new funding period; and
- the Institution's policy on equity ownership.