Commercialisation Fund 2010 Relevant Contact Details for assistance: Com m ercialisation Tel: 091 735927 Fund Manager Majella Maher majella.maher@enterprise-ireland.com ( General Queries) Life Sciences Tel: 01 7272671 Ruth McMahon & Food ruth.mcmahon@enterprise-ireland.com I nform ation & Tel: 01 7272784 Com m unication John Fagan john.fagan@enterprise-ireland.com Technology I ndustrial Tel: 01 7272680 Ann Dooley Technologies ann.dooley@enterprise-ireland.com
Fund objective : Support the development of technologies for licensing to a new commercial enterprise or industry in Ireland in 2-5 years. � Call Open: July 29th � NOON September 22 nd Call Close: � Programme Budget: €7 million � Project costs: €80K-€350K approx.
Who can apply? Researchers in 3 rd level institutions and non-profit research performing � organisations in the Republic of Ireland-colleges in Northern Ireland can be collaborators but must have their own funding � Researchers on contract can apply. If you are the project Principal Investigator, then a permanent member of staff (usually the head of department or research centre) must sign the proposal � For a researcher on contract- should your proposal be successful, the institution must agree to extend your contract to cover the project period for which you will be funded
What type of project is Enterprise Ireland looking for? � Characteristics of Successful Proposals Project that will deliver an innovative � technology to meet a market need in a Commercial arguments well made � 2-5 year timeframe Validation of market need � Good exploitation strategy � Good IP protection plan � Projects that will deliver a licensable � Advance technology beyond the state-of- technology the-art � Innovative elements are clearly identified � Projects that develop a technology � Commercially and scientifically focussed that can be commercialised in Ireland � Does not try to solve all the world’s problems � � Clear validation methodology Projects that will generate start-up � companies in Ireland Real-world test scenario(s) � Concrete quantifiable deliverables � Value for money research
What type of project will not be funded? Characteristics of Unsuccessful proposals Projects that do not have a clear � commercial case: Poorly written and constructed � No commercial case for the technology Technology will not be commercialisable � in Ireland Naive or non-existent commercial arguments Technology will not be license-ready � technology in 2-5 years No exploitation strategy � Technology is not innovative with no No concept of IP management unique differentiator from competitors � Straightforward development only – not No niche or sizeable market opportunity technologically innovative for the technology � Aggregate of known technologies with “glue” added � Basic or early stage investigations Fuzzy deliverables � Budgetary padding � Excessive travel budgets etc Low risk technical projects
Project Structure Projects will be structured in stages and can have one or more stages: Small Project typically <€100K(one-stage project) Close to commercialisation and technology can be license ready in 2 years Large project typically >€100K (multi-stage project) Earlier in the commercial pipeline and more technology development required Expected to be commercialisable in a 2-5 year timeframe Each stage will have technical and commercial tasks with quantifiable milestones including critical go/no go technical and commercial milestones and deliverables � Each stage will have an independent contract � Continuation of funding dependent on delivery of the technical and commercial outputs at each stage
Preparing the Application: General Advice 1. Use the Application Form-Commercialisation Fund 2010 Proposal Application Form 2. Read the Guidebook- Commercialisation Fund 2010-Guidelines for Applicants and Evaluators 3. Consult the “Frequently asked questions” section on the Commercialisation Fund website 4. Seek assistance from the EI Commercialisation Specialists and your local TTO or equivalent office in good time 5. Stick to the allowed lengths for each section of the application 6. Do a final check to ensure you have followed the guidelines for submission before you post and email your application
Preparing the Application: Section 1: Applicant Details � Please indicate if ethical approval is � Fill in PrincipaI Investigator and required for the project and the timeframe collaborator details to obtaining same � If the collaborator is not receiving monies � Name the Enterprise Ireland for the project please indicate this by using Commercialisation Specialist (s) that has “informal” after the name provided advice or read your proposal � Please provide details of previous project � List any companies or end-users you have funding that is relevant for the technology consulted regarding the technology which development proposed in this project is the subject of the proposal � Enterprise Ireland assesses proposals � Indicate any planned sabbaticals under three technology areas. Please select the ONE area that is relevant for your � Indicate a proposed start date for the proposal project
Preparing the Application: Section 2: Commercial Potential and Technology Development � Section 2 is critical to the Phase 1 evaluation of your proposal-You need to make a convincing commercial case for the project or your application will not progress to a technical evaluation � Read each question (Q 2.1-Q 2.9) on the application form thoroughly � Read the Guidebook pg 8-10 � Details on the information requested in each question is described � Additionally, for Q2.6 and Q2.9 websites are listed that might be helpful when preparing answers � For Q2.7 you are advised to consult with your technology transfer office to seek their guidance � Read “ The Evaluation Process” section of the guidebook and the questions the evaluators will consider. Have you made a convincing commercial case for the project?
Preparing the Application: Section 3: Principal Investigator and collaborators � Section 3 describes the experience and capability of the team to perform the project and their availability to undertake the project � Section 3.1: Describe the team members, their skills both technical and commercial and the role they will have in the proposed project-include a 1 page CV for each team member in the body of the application after the signature page � Section 3.2: Describe each team members current work commitments and the planned commitment to this project � Section 3.3: Describe the teams track record of achievement on previously funded relevant EI projects in terms of the technical outputs achieved and their commercialisation (where applicable this will be considered by the project review panel and EI Industrial Research and Commercialisation Committee) Note: First time applicants will not be disadvantaged
Preparing the Application: Section 4: Project Management � Section 4 describes the detailed workplan for the project and the project costs � Section 4.1: Project Workplan- a template for describing the workplan is provided and includes a 1)Project Overview/summary, 2)Project stage plan and you must provide 3)a Gantt chart � Each project can be comprised of one or more stages each of which will be funded by an independent contract � Each project stage will have a defined objective/aim, tasks and technical and commercial outputs described by quantifiable milestones and deliverables � For each project stage it is expected that the technical and commercial tasks will run in parallel
Preparing the Application: Section 4: Project Management Project Stage Workplan: Milestones and Deliverables � technical and commercial milestones are Use the template provided in the application form and describe: required for each stage � the aim of the project stage � they must be quantifiable-clearly state what will be achieved/delivered � the duration of the stage (Application form pg 10, Guidebook � the tasks/activities of the stage pgs11-12 show examples of quantifiable � the milestones and deliverables for milestones and deliverables, See also the the stage FAQ document, Qn: What are quantifiable � any technical risks for the planned milestones and deliverables?). tasks and the proposed contingency � Critical go/no go technical and plan to deal with them commercial milestones must be included- For multi-stage projects these must be set to be achieved 3 months before the end date for the project stage as they will be used by EI to assess the performance of the project stage
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