PART B: VALORISATION PLAN
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 product should be protected by a user license.
The costs can be considered not relevant.
|…in terms of product development|
|The product has been developed internally to the Research team.
It may require additional engineering for customers with specific needs: 2 additional skilled persons (2 computer programmers senior) are needed to work on the engineering part.
|…in terms of mass production|
|The mass production is not yet foreseen, the software is going to address specific needs more than a mass deployment.
|… in terms of marketing|
|No marketing investments have been done till now.
As the product is not going to address a large market/a mass production at least in the starting phase, there isn’t the need of huge investments in marketing. A web page for the product could be realized in order to give the customers a place where find information about the product and useful contacts. Some leaflets can be also realized. The costs in this phase can be considered not relevant.
|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|
|Other running costs|
|TOTAL EXPECTED COSTS|
|Price per Unit|
|Type of Unit|
|Number of Units|
|TOTAL Expected Revenues|
|CASH FLOW REQUIRED (REVENUES-COSTS)||n.a.|
|TOTAL CAPITAL required for five years|
SECTION 2: QUALITATIVE FACTORS
|3||Dimension of identified target groups|
|The MILE product is targeting the Italian Education System composed by schools (primary schools), but also the Ministry for education and conservatories (as it can find application in Music training).
The product can address both public and private education sector.
The target group is very specific.
|4||Evaluation of financial Risks for R&D result|
|No particular financial risks to be underlined for R&D result as costs for production are not relevant. An investment for the engineering is needed in terms of skilled staff/researchers.|
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 work programme to be explored with attention to Cooperation calls
2. CIP-ICT PSP – Education training (Lifelong learning)
3. Ambient Assisted Living Joint Programme (AAL)
For further develop the Research, in cooperation with EU partners, the above mentioned EU programmes can be addressed.
At the moment no specific need in this respect has been pointed out.
|2. National Funding|
|A collaboration with the Ministry of Education also in terms of funding will be useful.
|3. Private funding|
|A collaboration with a private association (for ex the Italian association for blind people) is useful also in terms of funding in order to develop a specific/dedicated software.
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 R&D has a high potential of exploitation.
A testing phase already started and demonstrated the high potential of the product in terms of results with children.
The presentation of the research results during several public workshops generated interest among the target group (schools, teachers), so a specific market is already identified.
The more difficult is addressing a public sector because it’s depending on public funds and therefore have difficulties in facing any kind of investment, easier could be addressing first the private sector (private training institutions or associations) that could invest in the development of specific training tools.
Decision of evaluation (Please keep only the appropriate)
- The R&D has a high potential of exploitation
- The R&D result needs minor revisions
- The R&D result needs moderate revisions
- The R&D result needs major revisions
- The R&D result has no potential of exploitation