Funding Process
Selection Criteria
Based on project outlines, an independent jury, or expert assessors,
recommend the most promising projects (in the case both of competitions and
individual projects) for funding. The criteria for selecting projects are:
Idea
The innovative content and originality of the idea
Scientific quality
The innovation is comprehensively worked out
Feasibility
Clarity of the R&D approach/quality of the work plan
Specific process and value added chains are identified
Market and application potential
(International) technological standards, required security standards and
legal parameters have been considered
Reasonable ratio of time, effort and risks to the intended use
Consortium
Consortium is complete
The potential and expertise of the research, implementation and
application partners
The self-financed portion is secur(creditworthiness)
Existing preparatory work
Market and application potential
Quality of the exploitation strategy
Importance of market segment and target group, particularly
applicability for SMEs in terms of the price, complexity and usability of
the systems and techniques developed
Scope of impact (best practice or multiplier effects including via sample business models)
