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 | |
|
The cost of patent solutions to geometric forms amounted to 800 mkd. Entrepenaur only patented forms of block but not the material from which they are made.
|
|
| …in terms of product development | |
| In the process of product development costs were incurred in the amount of 20,000 EUR. These development costs were incurred over a period of 3 years in which the product is developed and made concerning trials in which various materials are used and during the testing period is included the human factor.
|
|
| …in terms of mass production | |
|
In terms of development costs of mass production needed funds in amount of 70,000 EUR, from which 45.000 are required for the purchase of machinery and equipment (mixers, molds and the remaining 25,000 euros for raw materials (perlit).
|
|
| … in terms of marketing | |
| Above all, this product will be designed for construction companies that work with high buildings (80%) and construction of individual houses (2%).
To implement a good marketing strategy is necessery to make model – house of at least 60 m2 (which would be prepared for 6 hours) which would allow more realistic representation of the performance of products such as speed of construction, sound and thermal insulating characteristics. |
|
|
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 |
10 mkd |
15 mkd |
15 mkd |
15 mkd |
15 mkd |
|
|
Personnel |
15 mkd |
20 mkd |
20 mkd |
20 mkd |
20 mkd |
|
|
Other running costs |
55 mkd |
50 mkd |
50 mkd |
50 mkd |
50 mkd |
|
|
Marketing costs |
40 mkd |
45 mkd |
45 mkd |
45 mkd |
45 mkd |
|
|
TOTAL EXPECTED COSTS |
|
|
|
|
|
|
|
Price per Unit |
160 mkd |
165 mkd |
165 mkd |
165 mkd |
165 mkd |
|
|
Type of Unit |
|
|||||
|
Number of Units |
50.000 |
60.000.000 |
60.000.000 |
60.000.000 |
60.000.000 |
|
|
TOTAL Expected Revenues |
8.000. 000 mkd |
9.900. 000 mkd |
9.900. 000 mkd |
9.900. 000 mkd |
9.900. 000 mkd |
|
|
CASH FLOW REQUIRED (REVENUES-COSTS) |
2.000.000 mkd |
2.100.000 mkd |
2.100.000 mkd |
2.100.000 mkd |
2.100.000 mkd |
|
|
TOTAL CAPITAL required for five years |
70,000 EUR (45,000 EUR for equipment and 25,000 euros for raw materials) |
|||||
SECTION 2: QUALITATIVE FACTORS
|
3 |
Dimension of identified target groups |
| The product according to its characteristics would be primarily intended for high buildings (80%) and lower part of individual objects (20%). With his features product would provide greater savings in high buildings.
|
|
|
4 |
Evaluation of financial Risks for R&D result |
| Whether this innovation will be accepted from the market moustly from construction companies (risk of rejection of a new product).
Existing factories that produce similar products allow sales on open acount. Unfair competition. Lack of sufficient products in stock.
|
|
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 Programme
2. … CARBO funds from England (a condition for support from these funds is to build a facility from these products and and t be observe in a period of time).
4. … 5. … 6. … |
|
2. National Funding |
|
1. … Fund technology development and patents – Ministry of Education (weakness of this fund is supported with very small amounts) 2. … 3. … … |
|
3. Private funding |
|
1. …No interest financing innovation 2. … 3. … … |
|
4. Other |
|
|
SECTION 3: 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 project is realistic and affordable for implementation from financial aspect. It doesn`t need too much capital for its realization and has a high market potential in conditions when the construction companies are making major efforts to reduce construction costs (speed of construction, saving space, and etc.)
|
