Proof of Concept Fund Application Form Project title Applicant name Applicant address Applicant contact and title (The person who will take overall responsibility for the project) Telephone E-mail Date submitted Application reference number (To be completed by QSTP) Please note that the information provided in this application will be the sole document reviewed to award Proof of Concept Fund (POCF) grants; therefore, please complete as comprehensively as possible. A POCF Application, Eligibility and General Guide is available to support the application process. T +974 4454 7070 | F +974 4454 7011 | www.qstp.org.qa | Education City | PO Box 210000 | Doha, Qatar 1. Project Details Project Title Provide a non-confidential, clear, and descriptive title of the proposed project. maximum] [15 words Executive Summary Provide a clear description of the following: goals, methods, technical novelty, impact, commercial viability and expected outcomes of the project. This description should be nonconfidential. [200 words maximum] Project Timescales Describe the proposed timescales for the project. The project should be between 6 to 18 months. Total Funding Required Indicate the amount of funding required for the project. Other Funding Granted Indicate if other funding requests have been submitted for this project inside or outside Qatar and whether funding has been received. List the institutions to which the requests were submitted, the amounts received and the sources of funding, and identify at which phase/stage the funding was obtained. Project Location Demonstrate how the project can be undertaken in Qatar. Is there any need to complete certain tasks overseas? If so, why? (Limited overseas activities may be accepted if justified). Describe any local partnerships an award would lead to. [200 words maximum] Page 1 Proof of Concept Fund Application Form Qatar Science & Technology Park 8 April 2015 Page 2 Proof of Concept Fund Application Form Qatar Science & Technology Park 8 April 2015 2. Technology Deliverables Provide a detailed description of the proposed deliverables. Describe the proposed technology or invention which to be sought under the project. Provide a brief description of what end products or processes are expected to result from the funding or project, and their commercial impact. In describing the proposed technology or invention, use language that a non-expert will understand. [200 words maximum] Significance and Impact Describe the problem being solved or addressed, and the enhanced technical innovation/advance sought. Explain the significance and impact of the proposed project. Assess the potential value of the technology or invention after project completion versus the current state of technology or invention. [100 words maximum] Novelty Explain how this project is innovative both commercially and technically. Use evidence to support your belief. Evidence could include patent searches, literature surveys, competitor analyses etc. [200 words maximum] Technical Viability Detail the technological development and provide evidence that the product or process will work effectively once the project is completed. Support your justification by drawings, theoretical or research analysis, computer simulation, etc. Current Stage of Development Describe the technical level of maturity reached and the percentage of work completed to date. Identify any outstanding work that must be completed. [100 words maximum] Regularity Requirements Specify any international standards or regulatory requirements applicable to this project, e.g. Page 3 Proof of Concept Fund Application Form Qatar Science & Technology Park 8 April 2015 privacy policies, FDA approvals, etc. List any certificates obtained or planned for submission. [100 words maximum] Page 4 Proof of Concept Fund Application Form Qatar Science & Technology Park 8 April 2015 3. Intellectual Property Rights (IPR) IPR Describe and provide reference (e.g. patent numbers) to existing IP. Describe any invention and new IP which will be developed as part of the proposed project. Indicate who owns/will own the existing and new IP. Describe any background IP to be used for the project or IP created. [200 words maximum] Advise any known prior art documents and patent key words used in searches. Does the project impinge any other protected technology and, if so, how will this be overcome? What steps can be taken to protect or establish barriers to entry? Page 5 Proof of Concept Fund Application Form Qatar Science & Technology Park 8 April 2015 4. Market Market Assessment Describe the target market in terms of customers and market dynamics, including the expected customer base, market size, potential commercial returns, etc. Provide supporting data*. [200 words maximum] Competitive Advantage Identify any competitors working in the same technological area as that of the proposed project or any institutes researching in this field. Describe the competing technologies of the proposed project and what advantages your technology will have over existing competing solutions. [200 words maximum] * Attach any independent market studies or business analysis tools used to assess the market and business opportunity (i.e. SWOT analysis, Porter’s five forces, etc). Page 6 Proof of Concept Fund Application Form Qatar Science & Technology Park 8 April 2015 5. Commercialization Explain how you propose to commercialize your technology (i.e. target market, sales channels, revenue streams, monetizing strategy, partnerships, cost structure, etc.). Describe any other commercialization objectives or potential future exploitation. Is the project likely to create a startup business, or lead to a license and royalties? Page 7 Proof of Concept Fund Application Form Qatar Science & Technology Park 8 April 2015 Project Specification 6. Key Milestones List key project milestones and highlight expected outcomes and achievements. Specify the amount of budget required to complete each milestone. Expand the table below if necessary. Number Duration Milestone Description (30 words max each) Budget (QAR) 1 2 3 4 5 6 7 8 9 The Team Identify the team members to be involved in undertaking the proposed project. Attach a one page CV of each member detailing relevant experience and skills. Expand the table below if necessary. Name Role Risk Assessment Identify any risks that can negatively impact the project progress or outcome and how you plan to eliminate or control them. Risk Page 8 Proof of Concept Fund Application Form Mitigation Strategy Qatar Science & Technology Park 8 April 2015 Project Budget Clearly specify detailed and overall costs below. Please note that only costs directly relevant to the proposed project will be eligible. Other associated costs that are not directly relevant to the proposed project are not allowed. At least 60% of the costs must be in Qatar. Projected Expenditure Budget Item Details/Justification Cost (QAR) Personnel Contractors (maximum 20% of total funding) Essential equipment (maximum 15% of total funding) Consumables (maximum 2% of total funding) IPR/ patent costs (maximum 15% of total funding) Overhead costs (maximum 20% of direct personnel costs) Other (e.g. travel) (maximum 5% of total funding) Total Cost Page 9 Proof of Concept Fund Application Form Qatar Science & Technology Park 8 April 2015 7. Applicant Profile Applicant Name Headquarter Location Legal Structure Year Established Nature of Business Activities Management Team Number of Employees 0-9 10-20 21-50 51-100 Over 100 Revenue Generated (Companies only) Specify the amount of revenue your company has generated to date in QAR. Also, indicate the amount of revenues for the last year. Revenues to Date: Page 10 Proof of Concept Fund Application Form Revenues for the last year: Qatar Science & Technology Park 8 April 2015 Declaration 8. I hereby certify that the information provided in this application and all other supporting documents is accurate. I hereby agree that QSTP has the right to keep this application in its database. [Applicant Name] By: Name: Title: Page 11 Proof of Concept Fund Application Form Qatar Science & Technology Park 8 April 2015