Funding

SECTION I: ESTIMATION OF COSTS

 

1 Taking into account the rest of the cost evaluation please provide an overall estimation of the total costs for full deployment/production of the R & D result.
… in terms of IPR protection
There are no costs associated to IPR protection.
…in terms of product development
A dedicated server 3.000 – 4.000€ 

Personnel: semantic web engineers, software developers etc.

…in terms of mass production
Computing hardware: Mainly Dedicated Servers of adequate characteristics 

Software licenses: where applicable, if not open source

Other fixed costs (office equipment): 2.000

… in terms of marketing
50.000€ (it could rise more, according to the specified goals) for a 5 year marketing strategy which will include the creation of a website, advertising in journals of ICT and in conferences, as well as targeted communication in order to address specific groups of potential users (ministries, companies etc.)

 

 

 

2 Based on the above assessment as well as the marketing information please provide the correct estimation of the price for R&D product in correlation with costs
Year 1 Year 2 Year 3 Year 4 Year 5
Fixed costs 12.000 12.000 13.000 15.000 15.000
Personnel 8.000 10.000 13.000 15.000 15.000
Other running costs 2.000 2. 000 2.500 2.500 3.000
Marketing costs 11.000 9.000 10.000 10.000 10.000
TOTAL EXPECTED COSTS 33.000 33.000 38.500 42.500 43.000
Price per Unit 3.000 -15.000 €
Type of Unit Developed application
Number of Units 5 10 12 15 20
TOTAL Expected Revenues ≈40.000 ≈75.000 ≈80.000 ≈95.000 ≈130.000
CASH FLOW REQUIRED (REVENUES-COSTS) 13.000 42.000 41.500 52.500 87.000
TOTAL CAPITAL required for five years ≈ 60.000-100.000€

 

 

SECTION 2: QUALITATIVE FACTORS

 

3 Dimension of identified target groups
Due to the unlimited possibilities of the specific R&D result, as well as too its numerous potential applications, target groups are difficult to be quantified. The product is addressed to the total number of public authorities everywhere and to all companies that would be interested in using data from the datasets interlinked.

 

4 Evaluation of financial Risks for R&D result
Financial risks are minimum as the cost of equipment and infrastructures needed for developing applications based on LOD data is restricted. However, the geographic dispersion of the targeted market can raise the cost of marketing.

 

 

SECTION 3: IDENTIFICATION OF FINANCING SOURCES

After evaluating all the above mentioned criteria, please tick the best financing source for the achievement of R&D result (i.e. own capitals, banking credits, venture capital, business angels, etc)

 

1. European Funding 

Define relevance of the product with the following potential funding sources and comment

1.  FP7 – ICT 

2. JEREMIE initiative

 

2. National Funding
1.  NSRF 2007-2013 – Operational Programme ‘Digital Convergence’ 

2. GSRT – PRAXE

 

3. Private funding
1.  ICT companies (Google, Microsoft, IBM) 

2.  Semantic web companies

3. Joint ventures

 

4. Other
1.  WCCC World Wide Web Consortium  

2. Universities

3. Public institutes (ministries, municipalities etc.)

SECTION 4: FINAL EVALUATION

It is requested a final evaluation considering the funding opportunities you believe most suitable for the exploitation of the R&D result, considering the possibility of the creation of a spin-off, further research, in particular, a cost/benefit analysis and a financial projection for the R&D result, type of collaboration identified (i.e. Licensing Agreement, Technical Cooperation, Joint Venture, Manufacturing Agreement, Commercial Agreement with Technical Assistance, Creation of a spin-off, Joint further development)…
The examination of the R&D result has revealed its high added value and its unlimited possibilities for exploitation, especially in later stages of development and data integration. It opens a pathway for innovative applications and services that in many ways are capable of altering completely our everyday activities and interactions. 

Given the estimated costs for its commercialization and existing possibilities for funding, best method for its exploitation is the creation of a spin-off company or a joint venture with an existing semantic web company.

 

Decision of evaluation (Please keep only the appropriate)

  • The R&D has a high potential of exploitation
Bookmark the permalink. Follow any comments here with the RSS feed for this post. Post a comment or leave a trackback: Trackback URL.

Post a Comment

You must be logged in to post a comment.

Request a proposal

Valorisation Plan Authors

Related Documents

There in no related documents

Visit the other applications of the INTERVALUE Platform: R&D Repository | IP Agreements

© 2009-2010 INTERVALUE Project