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(200 character limit)
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Explain the core high-risk technical innovation to be researched and developed, including the research and development that will be required and how this technical innovation differs from and is significantly better than existing solutions. It may also be that the proposed innovation creates a new market. In this case, why will it be adopted? Describing features or benefits of the proposed technology is not sufficient.
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Clearly explain the specific research and development required to prove that the foundational technology works and address the associated challenges explicitly with a high level description of how each will be managed.
This section must convey how the proposed work is technically innovative and demonstrate that you have an understanding of the core research and development tasks necessary to prove out the technical innovation.
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Describe the market opportunity and value of your technological innovation. Explain the specific problem it addresses, its potential applications, and who will benefit (your target customers). Demonstrate an understanding of the competitive landscape and why your innovation has the potential to compete successfully. Include any customer discovery efforts your firm has undertaken—such as interviews, surveys, or engagement with end users—and summarize the key insights gained from these activities.
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Provide an overview of the company’s key personnel and technical team members, highlighting their roles, qualifications, and relevant experience as it relates to the proposed innovation and research and development approach. Explain why the current team is well-suited to execute the project successfully. Identify any critical gaps in expertise or capabilities and outline plans to address them, such as through hiring, partnerships, or consultants. Be sure to include legal, accounting, and other professional advisors who are considered part of your broader support team.
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Conducting a scientific and technical literature review is an essential step in the research process. It involves systematically searching, evaluating, and synthesizing existing scholarly works, such as research papers, articles, books, and other relevant publications, to gain an understanding of the current state of knowledge on a particular topic. With this in mind, we ask applicants to include up to five peer reviewed publications. These publications can be derived from others or yourself. Conducting a literature review is important and necessary to communicate to reviewers and the agency that the applicant is aware of the state of the art in their scientific or technical field.
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Examples:
NIH: Alzheimer's disease and AD-related dementias,
DOD: A254-016: Innovative Operations for Treatment and Processing of Wastewater,
DOT: 25-FH1: Open Standards-based 3D-Model Viewer for Highway Construction
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(No propietary information.)
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Please do not use personal names in the testimonial. Please do call out specific help you received and how it was valuable.