Funding

PART a: IDENTIFICATION OF R&D Result                                                                                                              

PARTEA A: Identificarea rezultatului cercetării-deZvoltării (CD)

·         The project team

Echipa proiectului

Advisor’s Name:Nume: Department of Technologies and MaterialsProject name:

Method and Device for Determining the Deviations from Recti-linearity

Phone:Telefon:  +40.723.163396
E-mail: dumitrudc10@yahoo.com 
Expecting date of valorization plan submission:Data aşteptată pentru trimiterea planului de valorizare  29.02.2012

·         Identification of R&D activity

Identificarea activităţii de cercetare-dezvoltare (CD)

Acronym:Acronim: DTMProject:  MDDDR
Author of the R&D result:Autorul rezultatului CD:  Dr. Eng. Buzatu Stefan
Company or University:Companies au universitate:  UNIVERSITY OF  CRAIOVA, ROMANIA 
Phone:Telefon:  +40.761.538960
E-mail:  buzatu_stef@yahoo.com
Sector:Domeniu:  ENG – Engineering
Type of the R&D result:Tipul rezultatului CD:  Product

 

PART B: VALORISATION PLAN

Partea B: Planul de valorizare

SECTION I: ESTIMATION OF COSTS

Secţiunea I: Estimarea costurilor

 

1

Taking into account the rest of the cost evaluation please provide an overall estimation of the total costs for full deployment/productionof the R & D result.Având în vedere celelalte aspecte ale evaluării costului vă rugăm să faceţi o estimare generală a costului total pentru lansarea în fabricaţie/producţie a rezultatului  CD.
… in terms of IPR protection…. în ceea priveşte protecţia drepturilor de proprietate intelectuală
To protect the intellectual property rights on a national patent, the estimated costs are about 2500 Euro.
For possible patent protection in Europe, the estimated costs are about 5500 Euro.
…in terms of product development… în ceea ce priveşte dezvoltarea produsului

Costs related to additional research on the concept, design, construction and testing of the functional model are estimated at about 7,000 euros.

…in terms of mass production… în ceea ce priveşte producţia de masă

The costs related to mass production costs (design, prototyping, product testing range, manufacturing technology, commissioning, product certification) are estimated at about 120,000 Euro.

… in terms of marketing… în ceea ce priveşte marketingul

According to a given situation, the programme objective is set to improve the marketing channels, by changing the weight of different circuits, in favor of those that can provide simultaneously the possibility to increase exports and increase their efficiency.
The program includes: market research, advertising and product price.
Marketing costs are estimated at 4000 Euro / year.

 

 

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

Pe baza evaluării anterioare şi pe baza informaţiilor de marketing vă rugăm să faceţi o estimare corectă a preţului produsului CD în corelatie cu costurile

Year 1

Year 2

Year 3

Year 4

Year 5

Fixed costs

Costuri fixe

40.000

33.000

36.000

39.000

40.000

Personnel

Cheltuieli cu personalul

10.000

12.000

14.000

15.000

16.000

Other running costs

Alte costuri de exploatare

2.000

3.000

5.000

6.000

6.500

Marketing costs

Costuri de marketing

2.000

2.400

2.600

3.000

1.500

TOTAL EXPECTED COSTS

Costuri totale estimate

54.000

50.000

57.000

63.000

64.000

Price per Unit

Preţ unitar

2000

1800

1600

1500

1400

Type of Unit

Tipul produsului

Method and Device for Determining the Deviations from Recti-linearity

Number of Units

Numărul de unităţi

25

30

40

50

55

TOTAL Expected Revenues

Venituri totale estimate

50000

54000

64000

75000

77000

CASH FLOW REQUIRED (REVENUES-COSTS)

Cash-flow (Venituri –Costuri)

-4.000

4000

7000

12000

13000

TOTAL CAPITAL required for five years

Capital total necesar pentru 5 ani

Capital required for starting the business: about 54,000 Euro

Capital required for covering the total estimated costs: about 288,000 Euro

Capital pentru acoperirea costurilor estimate de start / totale            

 

 

 

 

SECTION 2: QUALITATIVE FACTORS

Secţiunea 2: Factori calitativi

 

3

Dimension of identified target groupsDimensiunea grupurilor ţintă identificate
Detailed commentComentariu detaliat

The target market is developed. Many companies working in the research on concept and design of devices to calculate deviations from recti-linearity.

The Romanian market has increased constantly, its product volume increased at a steady pace. However the effects of financial crisis were felt in the last period, which is reflected in lower sales.

In the first stage, the product aims to cover 2.5% of this market.

 

 

4

Evaluation of financial Risks for R&D resultEvaluarea riscului financiar al rezultatului CD
Detailed commentComentariu detaliat

Given the high costs in developing new products, to be competitive on market, it is assessed the medium financial risk of research results.
In this context, it is required a suitable market study to reflect real trends of users and companies regarding the purchase of such products.
The main obstacles that are a potential brake on product development and can even lead to failure are as follows:
- Lack of know-how on product (tools, procedures);
- A number of uncertainties related to timing of phenomena (vision, future forecast); high number of actors involved, the techniques of implementation, rapid evolution of regulations);
- Misunderstanding of certain stakes (cost reduction, competitive opportunities);
- Possibilities of falling prices due to higher sales.
In the whole sample the average value for financial risk must be within the range (2.0% -4.5%).

 

SECTION 3: IDENTIFICATION OF FINANCING SOURCES

Secţiunea 3: Indentificarea surselor de finanţare

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)

După evaluarea tuturor criteriilor menţionate mai sus, vă rugăm să încercuiţi cele mai potrivite surse de finanţare pentru valorificarea rezultatului CD (de ex. capitaluri proprii, credite bancare,  business angels, etc.)

 

 

1. European Funding

1. Fonduri europene

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

Definiţi relevanţa produsului cu următoarele surse potenţiale de finanţare şi comentaţi

  1. 1. Sectoral Operational Programme Increase of Economic Competitiveness 

          Programul Operaţional Sectorial Creşterea Competitivităţii Economice POSCCE 

  1. 2. Seventh Framework Programme – FP7

   Programul Cadru FP 7

  1. 3. INTERREG  

4. Others

    Altele

2. National Funding

2. Finanţare naţională

  1. 1. National Plan for Research, Development and Innovation

    Planul National de Cercetare, Dezvoltare si Inovare – PN II 

 

2. Sectorial Plan for RDI (Ministry of Economy)

            Planul sectorial de cercetare-dezvoltare al Ministerului Economiei,

            Comertului si Mediului de  Afaceri din Romania  .

3. Nucleu Programme (National Authority for Scientific Research)

           Programul Nucleu (Autoritatea Naţională pentru Cercetare Ştiinţifică-ANCS)

 4. Others

 

3. Private funding

3. Finanţare privată

  1. 1. Own capitals

          Capitaluri proprii 

  1. 2. Banking credit instutions

    Instituţii de credit  

  1. 3. Business Angels  

       4. Others

     Altele

 

    4.  Other

    4.  Altele

Detailed commentComentariu detaliat

Regarding funding sources, it has to be made ​​a distinction between achievement stage and preliminary testing stage of the product (prototype) and the launch into series or mass manufacturing. For the realization phase and prototype testing the following can be used:
- Structural funds (Sectoral Operational Programme ‘Increase of Economic Competitiveness “SOP);
- National Plan for Research, Development and Innovation – PN II, FP 7;
- Sector Plan for Research and Development of the Ministry of Economy.

For the launch into series production the following can be used:
- Structural funds, accessed through the Operational SOP;
- Financial resources of private companies that want to support innovative technological ideas.

SECTION 3: FINAL EVALUATION

Secţiunea 3: Evaluarea finală

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)… 

Este necesară o evaluare finală pe baza oportunităţilor de finanţare pe care le consideraţi cele mai potrivite pentru exploatarea rezultatului CD, având în vedere posibilitatea de a crea un spin-off, o cercetare viitoare, în particular, o analiză cost/beneficiu şi o previziune financiară pentru rezultatul CD, tipul de colaborare identificat (i.e. licenţă, cooperare tehnică, Joint Venture, contract de producţie, acord comercial cu asistenţă tehnică, crearea unui spin-off)…

Scientifically and economically, “Method and Device for Determining the Deviations from Recti-linearity”, as a result of research, is leading to increased competitiveness of Romanian research in priority areas of research, and extension of product offerings, both on domestic and regional and European / world markets.

Implementation of “Method and Device for Determining the Deviations from Recti-linearity” has the economic effect: ensuring product quality, reduce production costs, labor costs.

From a social perspective, this research leads to development of human resources in research.
For prototyping, testing and probing, there must be considered internal and external funding sources (national funds, structural funds, private investors), and technical cooperation could be an advantage in the market.
During the stage of launch into production, the manufacturing of the series product range is based primarily on firm contract with manufacturers (national, international) of measurement devices.

 

 

Decision of evaluation (Please keep only the appropriate)

Decizia evalării (Vă rugăm să marcaţi  răspunsul considerat corespunzător)

 

X The R&D has a high potential of exploitationRezultatul CD are un potenţial ridicat de exploatare
The R&D result needs minor revisionsRezultatul CD necesită revizii minore
The R&D result needs moderate revisionsRezultatul CD necesită revizii moderate
The R&D result needs major revisionsRezultatul CD necesită revizii majore
The R&D result has no potential of exploitationRezultatul CD nu are potenţial de exploatare

 

 

We agree that all informations contained in this form to be made public in the project „Inter-regional cooperation for valorization of research results – INTERVALUE”, by publication on the project website: http://www.urenio.org/intervalue/.

Suntem de acord ca informaţiile cuprinse în acest formular să fie făcute publice în cadrul proiectului „Inter-regional cooperation for valorization of research results – INTERVALUE”, prin publicarea lor pe site-ul proiectului, la adresa: http://www.urenio.org/intervalue/.

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