* indicates compulsory fields
Technology concept title
Applicant name *
Email address *
Phone number *
Other contributing inventors
Description - Briefly describe your technology concept
Current status - Outline the current status of the technology concept and how it evolved. If it is a concept only, what triggered the idea? If it has evolved from some initial research or development, what was this initial work and what were the outcomes?
Novelty/Unique Features -In what ways is your idea novel? What features of this technology make it unique or better than other available technologies?
Technology Development - What technical developments or experimental work and/or verification is required to make your idea marketable?
Potential applications - What are the potential uses of this technology if it is developed? What different industries would your idea be relevant to?
Market Need - Have you identified a need for your idea? What benefits would your idea have for customers and/or commercial partners?
Target Market - Who do you see using this technology? Who would sell it? Do you have any companies in mind?
Objective - Clearly identify the objective (intended outcome) of the proposed project.
Note: The purpose of this fund is to enable technology concepts to be tested/demonstrated to be viable; however, proven concepts outside of this criterion will also be considered.
Methodology - Briefly outline the approach/methodology that will be undertaken to develop the technology concept from its current status to the end point of this project, and indicate the project duration.
Estimated completion time
Key personnel - Identify (list) key people who will be involved in the project and describe what work they would carry out.
Are you interested in and able to commit time to the commercial development of this idea, taking your current workload into consideration?
Are there any other parties that could claim ownership of this IP?
Have there been other organisations involved in the development or funding of this project?
If yes, please provide details
Has this project used anyone else’s knowledge, products or protected intellectual property?
Have you published or publicised this project in any way which might compromise its protectable status?
Have you worked with commercial partners before?
For your records, a copy of this form will be emailed to the email address you have supplied above.