Applied Scientific Research Fund

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Applied Scientific Research Fund

  1. 1. ASRF Applied Scientific Research Fund (ASRF) is a non- government, non-profit organization, it is a spin-off from MonoJo, created by Samih Darwazah to promote the development of applied science and engineering ideas. Our main target investigators are colleges and universities in the fields of medicine, engineering, natural sciences, technology and others.
  2. 2. Research and Innovation Innovation Knowledge Money /Science R&D
  3. 3. Funding SchemesThere are three funding schemes at ASRF; Samih Darwazah Innovation Grants (SDIG), Proof of Concepts Student Competitions.
  4. 4. Funding Schemes1. Samih Darwazah Innovation GrantsObjective Support innovative ideas by starting from R&D and focusing on the value of the impact of the results and finally commercialization Accelerate the commercialization process by demonstrating prototypes or disseminating resultsTarget Inventors, colleges, universities and research institutesFund amount more than 10k JOD & maximum 100K JODSupported Activities Material, implementation, technical testing, prototype testingConditions Quality of science and Technical feasibility Impact of the prospected resultsIP ownership and Return back to ASRF ASRF owns the resulting IP ASRF and the inventor share royalty from sales/commercialization according the agreement signed between the two parties.
  5. 5. Funding Schemes2. Proof of ConceptObjective Support the development and/or testing of prototypes Accelerate the commercialization process by demonstrating prototypes to potential customersTarget Inventors & students Firms interested to develop prototypes out of their R&DFund amount up to 10k JODSupported Activities Material, implementation, technical testing, prototype testing with customersConditions Market feasibility Technical feasibilityIP ownership and Return back to ASRF The inventor owns the IP, no ownership to ASRF ASRF gets royalty from sales till it covers back double the grant in 5 years (which reached first)
  6. 6. Funding Schemes3. Students CompetitionObjective Support Students to develop research skills or implement graduation projects with industrial application in partnership with the industrial firms in Jordan Support students in demonstrating prototypes to potential customersTarget Jordanian university students in both the bachelors and masters levels – ( We will include High schools)Fund amount up to 1k JODSupported Activities Publishing papers, conducting studies Material, implementation, technical testing, prototype testing with customers Transportation to the industrial firmsConditions Technical feasibility Scientific value and quality of the research Industrial firms commitment to the project (testing, validation, use, etc.)IP ownership and Return back to ASRF The student and the advisors owns the IP, no ownership to ASRF The student agrees to share his experience with the community (x hours/month) The student agrees to spend (x hours/month) to support ASRF activities
  7. 7. Funding status (1st year 2011) Samih Darwazah Innovation Grant -SDIG  Launched on April 2011  Number of pre-proposals: 20  Number of proposals in-process (to be submitted during Dec: 6)  Number of full proposals submitted: 8  Number of funded projects: 3 Students Competition  Launched on October 2011  Number of applications : 11  Number of funded projects: 5 Proof of Concept Grant  launched in Feb. 2012  Number of proposals: 1
  8. 8. Funded Projects Natural Plant Extract to Treat Multiple Sclerosis  Private Sector  Phase I: ~ 30,000  Phase II: ?? The Low-Cost Interactive Whiteboard  Yarmouk University  Phase I: 7, 000  Phase II: ~ 15, 000 Synthesis of a New Class of Iodobenzene .  JUST University  Joint funding with JUST  Phase I: 7, 000
  9. 9. Funding Funding made through ASRF is primarily intended to provide financial support for the Principal Investigator (PI) and his/her team of researchers, students and technicians. 3-5 awards are awarded annually each provide cash support for a limited period of one year, renewable up to a maximum of three years typically in the range of $1,000 - $100,000 US inclusive of overheads. This can vary depending on the type of research funded.
  10. 10. Call TypesDepending on the objectives of the call, the announced calls may make a distinction between different types of projects.In general there will be announcements of three different types.1. Specific Calls. These calls would address the needs of certain industries, or will be announced as a response to specific demands of the fast changing market.2. General Calls Calls that will support rising of general innovative ideas3. Special Calls. Calls that may be announced outside the schedule cycle, as a response to a sudden need, or to support a new idea.
  11. 11. IP Rights ASRF will commercialize the results of the project ASRF owns the resulting IP rights shared with the inventor. If this joint project has resulted in any financial returns, whether as patent or otherwise, it is divided between them according to a prior agreement.
  12. 12. Application & Evaluation EvaluationProposal Eligibilitywriting check Negotiation FundingImpact & Funding agreement Developmentdissemination and reporting
  13. 13. Evaluation Reviewing Criteria Quality: Scientific and/or technological excellence, relevant to the topics/activities addressed by the call Implementation: Quality and efficiency of the implementation and the management Impact: The potential impact through the development, dissemination and use of project results Novelty: Innovation and novelty of the project will be tested passing through an IP office.
  14. 14. Thank You

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