Funding Application and Assessment
The applicant is required at this stage to submit a funding application via the online investment system. The funding applications are assessed against prescribed assessment criteria. Once the full application has been submitted, there will be an assessment conducted to determine whether the application has submitted all the necessary information to proceed with the full assessment.
Due Diligence
The due diligence stage involves opportunity evaluation in commercialisation, intellectual property, technical and legal. Deal structuring and project execution plan will be developed at this stage.
Approval
Approval of applications is always subject to availability of funding. Applications that preceded the full assessment stage are approved by TIA approving body.
Purpose
To assist High Education Institutions and Small Micro Medium Enterprises in bridging financing requirements to translate research outputs into fundable ideas for commercialisation.
Target Market
Technology Readiness Level
Qualifying Criteria
- Initial proof of concept
- Prototype development
- Sourcing of IP opinions
- Production of market samples
- Refining and implementing designs
- Conducting field studies
- Support of certification activities
- Piloting and scale-up and techno-economic evaluation
- Detailed primary market research
- Business Plan Development
Purpose
To support the development of technologies from proof concept leading to product prototype and ultimately demonstration thereof in an operating environment.
Target Market
Technology Readiness Level
Qualifying Criteria
Proof of concept established
- Prototype development
- Demonstration and pilot plants
- Support of certification activities.
- Piloting and techno- economic evaluation
- Sourcing of IP opinions
- Provision of analytical services
- Acquisition of technical and scientific infrastructure and skills
- Technology demonstrations
- Plant Breeders Rights
- (PBR) trials
- Field testing and performance trials for veterinary and crop health and nutrition technologies
Purpose
To prepare innovators for follow-on funding through support for market testing and validation.
Target Market
Technology Readiness Level
Qualifying Criteria
Endeavour to have an off-take agreement or third-party follow-on funding commitment
- Production of market samples
- Support of certification activities
- Market testing and validation
- Regulatory approval
- Certification activities
- PBR registration
- Business Plan Development
