Research Western
Funding Opportunites - Research
Further details regarding this announcement can be found at:
http://www.nserc-crsng.gc.ca/Professors-Professeurs/RPP-PP/I2I-INNOV_eng.asp
Sponsor/Award: NATURAL SCIENCES & ENGINEERING RESEARCH - IDEA TO INNOVATION-PHASE IIB PARTNERSHIP WITH CDN COMPANY - 2010 SPRING COMPETITION

Grant Amount: $350,000 MAX
Deadline: Dean's: Mar 22, 2010
Internal: Mar 29, 2010
Sponsor's: Apr 05, 2010

Subject Areas: Commercialization, Physical Sciences, Natural Sciences, Engineering, Innovation, Market Development
Description:

Phase IIb proposals with a Canadian company are expected to be completed within two years and funding requested should not exceed $350,000 for the duration of the project. NSERC may fund up to half the cost of the project, with the company providing the other half through a combination of cash and in-kind contributions. Each case will be evaluated on its merits; however, it is expected that the cash component should equal at least 40 per cent of the amount requested from NSERC. The industrial partner must have, or be able to acquire by the end of the project, the technical capability to undertake any further development necessary to take the product or process to market. The company receiving the technology should be prepared to carry out the preliminary market study, product/process development, engineering, and sales and marketing planning required to establish that a technology is viable, and to enter the market successfully.

The industrial partner must have, or be able to acquire by the end of the project, the technical capability to undertake any further development necessary to take the product or process to market.

Application Details:

Discoveries must be disclosed by the investigators according to institution policy and the Industry liaison office must endorse each proposal. NSERC may fund up to half the cost of the project, with company providing the other 50% in cash or in-kind.

The industry liaison office is expected to assist the applicant(s) and the partner in developing proposals, identifying markets and negotiating licensing or other such arrangements. It is expected that the collaborator has the financial strength to carry the project into Phase IIb or directly to market. If this seed funding will support a spin-off or entrepreneurial start-up, financing of the firm will be a major concern in the evaluation. The following is required for Phase IIB projects: - A strong business plan - The ?prototype? must already be in existence; - The receptor capacity to manufacture, distribute, license, etc. must be substantiated; - Adequate budgets are required to show that the product will be at the marketing/manufacturing stage at the end of the Phase IIb program; and - The ?in-kind? contributions should be fully justified as they will be carefully scrutinized.

INDIRECT COSTS NOT LEVIED ON NSERC PORTION OF THIS PROGRAM

NOTE: Letters of Intent and Full Applications are to be processed through Research Development Services for institutional signatures, and are to be accompanied by a completed RDAF form (bearing applicant, Chair and Dean signatures). Requests for Institutional signatures should be received no less than 3 days prior to the posted Sponsor deadline.
Western Contacts: Pocock,Katy
Russelo,Theresa M

Sponsor Contacts:

I2I@NSERC.CA
350 ALBERT STREET
OTTAWA, Ontario, Canada
613 995 4273