New knowledge and business from research ideas
In New knowledge and business from research ideas projects, the project group prepares the commercialisation of the research idea.
The project examines possible paths to utilisation and the most promising route and method for taking the idea further. In addition, the possibilities of using the idea in the business of start-ups to be set up or developing it into new business in an existing company are investigated.
The project produces knowledge and competence that are significant for utilising a research idea. The research part of the project focuses on issues that play a key role in the commercialisation of the concept.
What are the requirements set for a project?
In these projects, the preparation of commercialisation plays a significant role: at minimum it must account for 40 percent of project costs in all phases. Expertise in preparing commercialisation may also be outsourced.
The applicant must have adequate rights to use the background material and the research results to be produced in order to commercialise the knowledge and competence. The research organisation must be able to transfer the rights to the results to the party commercialising the idea after the project.
The scale of the new business for which the preparation of commercialisation aims in the project must be significant. The application must contain an estimate of the scale of the business operations aimed for.
The project must examine several alternative commercialisation possibilities. The project's direct aim may not be preparing the business operations of a single company, either a start-up or an existing company.
The project must have adequate resources for preparing the commercialisation of an idea. The application must describe the competence and prior references of the persons responsible for the commercialisation.
If one option for preparing commercialisation is starting a new company, the application must describe the composition of the team behind the start-up. It must also describe how the commitment of the persons and competence needed in the start-up to the operations of the new company can be ensured.
What type of costs may be included in a project?
In preparation for commercialisation, eligible actions include
examination of the research idea from the perspective of commercialisation (Proof of Relevance)examinations of noveltydetermination of customer valuesurveys of competitorsexaminations of intellectual property rightsexperimental verification of the viability of an idea (Proof of Concept)mapping of funding modelsmapping of business models
For more information on eligible costs, see the general terms and conditions of funding. More details on these principles will also be provided as you are completing the application.
New knowledge and business from research projects usually are relatively short, or approximately one year in duration.
Businesses represent customer perspective
No business participation is required in this project type. However, companies may lend their expertise to the work of the project's steering group. It should be noted that a participating company does not have a right of first refusal to the project results.
How to apply for funding?
Two application rounds for research projects take place annually, in the spring and the autumn.
To apply for funding, an online application must be submitted. If necessary, funding is granted as phase funding, in which case eligibility for further funding will be assessed at the end of each phase. In addition to the results achieved, the assessment will look at new paths forward and whether or not the results achieved so far lend credibility to continuing the project.