Upload
others
View
1
Download
0
Embed Size (px)
Citation preview
Call for Proposals O 1 Jan1 Jan 1 July1 JulypOpens
Call for Proposals
JJ J yJ y
F b F b A ACall for Proposals Closes
~ 15 Feb~ 15 Feb ~15 August~15 August
BIG Partners assigned proposals
to review
• Basic eligibility – applying entity?
• Topics relevant to biotech/biomed
Preliminary screening by BIG
• POC project for tech vs. basic research
screening by BIG Partner Proposal
not eligible
BIG Partner requests reviewers
to evaluate
eligible
A li ti Application processSlide 1 of 4
• Novelty or unmet need• Technical feasibility of idea; do‐
ability; any prelim indication
Receipt of reviewers comments
Proposal not li ibl
ability; any prelim indication that it might work
• Can the team deliver? Technical capability. Project mgmtexperience
P l Proposal recommended to
g 3
eligible2 neg/ 22 neg/ 3
experience• Potential to create IP or existing
IP; Estimate of FTO based on reviewer’s experience.
• Can the project achieve impt
2 pos/ 2; 2 pos/3
recommended to BIRAC
2 pos/ 2; 2 pos/3
Can the project achieve imptgoals in 18 months and Rs 50 lakhs? Are budget and timelines realistic?
BIRAC screeningProposal
• Does the topic fit within scope of BIG?
• Does BIRAC concur with
BIRAC shortlists BIRAC shortlists applicants for
pnot
eligible
reviewer’s comments?• Some prior art search is reqd?
pppresentation to Expert Selection Committee in
A li ti Delhi Application processSlide 2 of 4
• Novelty or unmet need• Technical feasibility of idea• Technical credibility of PI• Proposal budget/timelines
Presentation in Delhi
Proposal not
~ 15 May~ 15 May ~ 15 Nov~ 15 Nov
realistic
In principle approval by
not selected
~ 15 June~ 15 June ~15 Dec~15 Dec
Due diligence by
Committee
g yBIG Partner; site visit; detailed discussion Proposal
~ 15 July~ 15 July ~15 Jan~15 JanDelays possible here Delays possible here if applicant needs
BIG Partner id d
pnot
eligible
if applicant needs time to produce
documents
provides due diligence report to
BIRACA li ti
• Company legal and financial documents
• Project milestones/budgets; quotes
Application processSlide 3 of 4
• Commitment of incubator• Adequacy of facility available• Tech transfer agreement;
scientific support contracts
• All scheme requirements met
BIRAC does final review
Proposal
• All scheme requirements met
BIRAC k BIRAC okays signing of
Proposal not
selected
Partner
signing of agreement by BIG
Partner~ 15 Aug~ 15 Aug ~ 15 Feb~ 15 Feb
Agreement signed between Grantee and BIG Partnerand BIG Partner
First installment First installment released by BIG
Partner.BIG Project can
~ 15 Sept~ 15 Sept ~15 Mar~15 Mar
A li ti gj
begin. Application processSlide 4 of 4
Project Review and Monitoring
First installmentBIG Partner• All capex projected was First installment
Milestone “N” (Targets met!)
purchased; set‐up and working; logs maintained; insurance taken; AMC
• Sufficient staff engaged formally Milestone N (Targets met!)
+Utilization certificate
in project; all hiring against formal contracts
• Proper accounts maintained• Project mgmt and business
f k d d
Next installment released
mentoring if asked/required
Project Reviewing Committeeh h lreleased
Fi l Mil (T )
• Whether milestones met?• Consider requests for moving
timelines or milestone targets?• Provide inputs to BIRAC on
hFinal Milestone (Targets met!)+
Utilization certificate
changes requiring BIRAC decisions. Ex – any budget changes.
• Technical mentoring
M it i Ph
Last installment (~5%) Monitoring Phase
Slide 1 of 1
( 5 )(after end of project)