Commercialisation Fund Proof of Concept Phase

1
Commercialisation Fund?Proof of Concept Phase
Barry Fennell Ph.D.
NUIG - 12/12/03
2
Outline of Presentation

• Commercialisation Fund
• Proof of Concept Phase
• Application Form
• Evaluation process, calls, deadlinesetc.

3
Commercialisation Fund

• Proof of Concept Phase (90K)
• Technology Development Phase (350K)
• Business Development Phase (38K)
• RIF ATRP no longer in existence

4
What is the Proof of Concept Phase?

• Establish commercial potential
• of a scientific concept
• Examine potential markets
• Original Innovative

5
Objectives of the Proof of Concept Phase

• Invest money in good ideas
• 1st step in transferring technology from
• laboratory to market place

6
Eligibility

• Are you a researcher in an Irish 3rd level
  institute/non-profit research agency?
• Is your idea grounded in science and/or
  engineering?
• Is the project 50K - 90K and 12 months?

7
The proposal form(Project Summary)

• Self - contained description of the work

8
The proposal form(Project Background Rationale
- 50)

• Methodology Proposed/Technical Feasibility
• Benefits/Innovation

9
The proposal form(Commercial Potential 30)

• Commercialisation route
• Market sectors

10
The proposal form(Project Management 10)

• Clear outline of project milestones, targets,
• deliverable.etc.
• Gantt Chart
• Management structure, targets, timing. etc.

11
The proposal form(Project Costs)

• Staff
• Equipment
• Materials
• Travel
• Other

12
The proposal form(Resource Requirements)

• Specific and brief justification of resources
• required

13
The proposal form(Track Record Details 10)

• Competence of Proposer
• Biographical Sketch

14
Evaluation

• Technical Merit (50)
• Methodology Proposed (20)
• Techncial Feasibility (20)
• Benefits/Innovation (10)

• Commercial Potential (30)
• Evaluation of Potential Markets (15)
• Sector Relevance (15)

• Project Management (10)
• Quality of Project Plan (5)
• Financial Justification/Value for money (5)

• Track Record (10)
• Competence of Proposer (5)
• Previous Publications/Grants (5)

15
Contact Details
Dr. Barry Fennell Science and Innovation
Division Enterprise Ireland
Phone [phone] Fax [phone] e-mail barry.f
ennell_at_enterprise-ireland.com
www.enterprise-ireland.com
Industry Academic Partnership
Irish Universities or Irish Institutes of
Technology
Research Funding Opportunities
16
PC Statistics Round 2
17
Details of Funding Recommended, by Panel
18
Details of Funding Recommended, by Institution
19
PC Timetable - 2004
20
Comparison of Round 1 Round 2