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Presentation transcript:

Application and Presentation to the (Project Title) Application and Presentation to the Project Management and Oversight Panel Application due January 10, 2019

Collaboration Partners Lead investigator name University Department Contact Information Lead investigator name University Department Contact Information Industry leader name Company Title Contact Information Funding Requested: Sourcing of matching funding:

Executive Summary What is the large unmet need? What is the product or service to be commercialized? What is the business opportunity? What is the timeline to commercialization?

Unmet Need and Market Who is the customer? What is the unmet need or problem? What is the size of the market?

Proposed Solution What is the product or service to be commercialized? What is the value proposition? How does this solution compare with the next best solution?

The Business / Project What is the business definition? How much capital will be required to reach cashflow break even? What are the key elements for success?

Risk Factors Describe major risk factors to the success of this business / project. How will these risks be mitigated?

Milestone Description Est. Timeline for Completion Milestones and Budget Milestone Description Est. Timeline for Completion Est. Budget to Complete 1. Fully executed Award Agreement 30 days post-award (amount needed to complete Milestone 2 - the 1st project goal) 2. (2nd measurable Milestone for the project) $ _________ 3. (3rd measurable Milestone for the project) 4. (4th measurable Milestone for the project) 5. (etc.; add / delete rows as needed) $ _________ Totals: (total length of time)

Collaboration What expertise does party bring to this project? What are the synergies of this collaboration? How will the collaboration be managed? How will be parties be held accountable for results? How will the funds be allocated amongst the partners?

Competitive Advantage Who is the competition or potential competition? What are your competitive advantages? How will you keep competition from replicating your business / products? (Barriers to entry: patent portfolio, proprietary knowhow, current intellectual property, etc.)

Intellectual Property Describe current IP status: issued patents, patent applications, freedom to operate Describe the patent strategy going forward

Economic Impact What follow-on funding will be required to commercialize this technology? What are the probable sources for that funding? (NIH, STTR/SBIR, Angel funding, venture capital, corporate partnerships, etc.) What is the plan to secure follow-on funding? Describe the potential for job creation as a result of project funding (first 2 years; and 2-4 years)

Commercialization & Marketing What is your commercialization plan? What is your regulatory plan? What is your reimbursement plan? What is your distribution plan?

Summary What are the key reasons this project should be funded?