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 IIA EARLY STAGE INVESTMENT PARTNER - 2010 WINTER COMPETITION

Grant Amount: $125,00/YEAR MAX
Deadline: Dean's: Dec 28, 2009
Internal: Jan 04, 2010
Sponsor's: Jan 11, 2010

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

The objective of the Idea to Innovation (I2I) Program is to accelerate the pre-competitive development of promising technology and promote its transfer to Canadian companies. The program supports research and development projects with recognized technology transfer potential by providing crucial assistance to college and university faculty members in the early stages of technology validation and market connection. Phase II projects are designed to provide scientific or engineering evidence establishing the technical feasibility and market definition of the technology, process or product. Phase II projects require an early-stage investment entity (Phase IIa) or a company (Phase IIb) to share the costs of the project. The supporting organization is expected to participate actively in the planning of the project.

NSERC can support up to two-thirds of the costs of the project with the early-stage investment entity providing the balance in cash.

Application Details:

Proposals with an early-stage investment entity must be designed with a "go/no-go" decision point, after six to 18 months, representing the achievement of a predefined scientific or engineering milestone that justifies moving forward by further developing the technology either through a new (i.e., start-up) or established company. NSERC can support up to two-thirds of the costs of the project with the early-stage investment entity providing the balance in cash. Funding requested from NSERC should not exceed an average of $125,000 per year.

Projects that achieve critical milestones may be pursued during another 12- to 24-month period with either the newly created company or an established Canadian company providing the cost-sharing arrangement for Phase IIb projects are met.

INDIRECT COSTS NOT LEVIED ON NSERC PORTION FOR 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:

HTTP://WWW.NSERC.GC.CA/PROFESSORS_E.ASP?
350 ALBERT STREET
OTTAWA, Ontario, Canada
613 995 4273