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Eligibility
and Expectations |
BASIC
ELIGIBILITY CRITERIA:
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The project must demonstrate significant
commercial potential, i.e., for a new venture that involves
a CGDN investigator(s) as a participant(s), or for collaboration
with a biotechnology or pharmaceutical company.
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Funding is targeted to specific objectives
that promote the exploitation of research.
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The funds must have the potential to
enhance significantly the ‘value’ of the project,
in terms of being able to attract or ‘lever’
new funding or investments.
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Proposals should be suitable for confidential
scientific and business review.
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Deadline for submission of proposals
is any time.
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Not all proposals are funded but proposals
may be resubmitted. All applicants will receive feedback.
REVIEW OF PROPOSALS:
A panel consisting of Network investigators,
representatives from industry, and the Network’s Commercial
Director, will recommend priorities for funding based upon
the proposals received from investigators. Typical awards
will range from $25-50,000 to reach specific objectives in
6-12 months. Response to your application takes a maximum
of 2 months.
All materials submitted will remain strictly confidential.
EXPECTATION OF RETURNS:
In return for this strategic fund, the Network
will receive a share of the commercial revenue, if any, commensurate
with the current support and relevant historical Network contributions.
Revenues will be used as per Board Directives to foster Network
research and commercial developments.
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Guidelines
- Strategic Fund Application |
CGDN and non-CGDN investigators are invited
to submit proposals for funding. The Strategic Fund is available
to "top-up" research funds directed to the creation
of intellectual property and know-how on commercially relevant
results. Proposals will be reviewed by the Strategic Fund
Review Panel and awarded accordingly within 2 months of the
submission. Typically, awards range from $25,000 -$50,000
to reach specific objectives in 6-12 months.
GENERAL OUTLINE FOR PROPOSAL WITH A MAXIMUM OF 3 PAGES:
Title of project/Associate
Investigator/CGDN Investigator
Associate investigator is a researcher that collaborates with
a CGDN investigator
Specific aim of the project
In 6 months to 1 year, what is the predicted outcome?
Description of the work
to be undertaken (maximum1 page)
Rationale and context
(maximum 2-3 paragraphs)
Importance of the project relevant to previous work.
Commercial Interest
What is the actual or potential commercial interest in the project?
Intellectual Property
Provide details to enable patent searches and/or patent applications.
Budget
Amount requested. How will funds be used? Is there "matching"
or complementary funding available?
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