NRF PROOF-OF-CONCEPT GRANT SCHEME
APPLICATION FORM
1.
Project Title
____________________________________________________________________
2.
Team Composition
2.1
Principal Investigator (PI)
Name
Designation
E.g. ABC
2.2
E.g. Assistant Professor
Department and
Institution
E.g. NUS, NTU, NYP, etc.
Other Team Members (if any)
Name
Designation
3.
Project Details
3.1
Summary of Project
Department and
Institution
Please give a brief summary (no more than 300 words), with minimal technical terms,
of the objectives and the scope of the project. The summary should clearly state the
concept, and details of proposed application/applications. It should elaborate the
novelty and the significant improvement or innovations over any incumbent
technologies for potential commercialisation.
3.2
Background Intellectual Property (IP) / Underlying Technology
Description
Type of IP
Brief description of the IP / E.g. Patent, previous
technology
work done by team
members, work done by
others
3.3
Owner (if applicable)
If background IP is
proprietary
(e.g.
patent/patent pending),
please state the owner
of the IP.
Detailed Technical Description (Maximum 6 pages)
Please describe the technical merits and application of this projects in detail. You
should include a brief description of the methodology of how the proof-of-concept will
be carried out experimentally, and the expected outcomes and deliverables of the
project (e.g. prototype, device, animal trial results, etc). You should also state
POC Application Form
As at 27 Feb 2009
succinctly how your technology is better than the current state of the art (i.e. your
secret sauce).
To incorporate “Technology Readiness” here if applicable
3.4
Project Milestones
Describe specific project development in terms of “project months or weeks” such as
fabrication, testing, refinement, field tests, etc.
Start
e.g. Month 0
Month 2
3.5
End
Month 2
Month 6.5
Budget
Manpower
- Number and type of manpower (e.g.
research assistants)
Equipment
- List of equipment and accessories
OOE
- Breakdown of items
Total
4.
Description
S$
S$
S$
S$
Commercial Viability Assessment
Path to Commercialisation and Commercial Potential
Please provide details on the preferred “path to commercialisation” 1 – i.e. the
expected product/service that is to be developed, how the team expects to get there
(e.g. licensing the technology, or forming a start-up) and an estimated timeline for the
commercialisation to take place. Highlight the aspects of this work that would attract
investors or companies to develop the prototype or product from this POC work into a
commercial entity.
1
Which is essentially a process or cycle of introducing a new product into the market. This includes the
need to consider how the prototype or device can successfully enter the market in a sustained, and longterm manner. It should also consider the likely customers or users of this new technology.
POC Application Form
As at 27 Feb 2009
4.1
Market Assessment
The team should perform a simple market assessment by answering the questions in
the table below. It should consider the initial market (i.e. who the first customers of
the product/service will be). If the technology has broad applications, the team should
elaborate on these, and make a market assessment of the broader market that the
technology could be developed form.
Market Segment
Application
Market Potential
4.2
Who is your potential customer?
What problem does your technology solve for your customer?
What is the estimated size of your market?
Competitors
Please provide details of some potential competitors in the same/similar market space
in the following table. (Note: We do not expect applicants to perform an extensive
analysis of the market for potential competitors. What is expected is for applicants to
conduct a simple online search, which would also help applicants to familiarize
themselves with the market and the competitors.) The team should also compare the
team’s technology/concept to be developed with that of the competitors’ (i.e. how the
team’s technology is better, and what weaknesses there are).
Competitor / Competing
Technology
Description and Comparison of Competing
Technology
POC Application Form
As at 27 Feb 2009