Applied Scientific Research Fund

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Applied Scientific Research Fund (ASRF) is a non-government, non-profit  organization created by Samih Darwazah, founder of Hikma Pharmaceuticals, to promote the development of applied science and engineering ideas.

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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. Funding SchemesThere are three funding schemes at ASRF; Samih Darwazah Innovation Grants (SDIG), Proof of Concepts Student Competitions.
  3. 3. 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.
  4. 4. 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)
  5. 5. 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
  6. 6. 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
  7. 7. 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
  8. 8. POC Fund Scheme Objectives Support the development and/or testing of Prof of Concept (POC) or prototypes, for Jordanian organizations Accelerate the commercialization process by demonstrating prototypes to potential customers, partners or funders.
  9. 9. Eligibility  Researchers and inventors in Jordan  Research centers and universities  Jordanian organizations (including firms) interested to develop their R&D prototypes  Jordanian university students in both the bachelors and masters levels  Note: For universities with Technology Transfer offices it is highly recommended that application be endorsed by the office manager
  10. 10. POC Support Examples Technical Development of the Proof of Concept (POC) Prototype design and development Full lab-scale demonstration Material and implementation costs Technical and prototype testing Specialist testing, verifying applications and conducting field studies Demonstration to potential customers POC market testing (with customers) Transportation to the customers Development of business case / show case with potential customers
  11. 11. POC Evaluation Criteria Quality of Science and Technology  Technical validity of the project concept  Clarity of the project goals and the problem identification  Measurable outcome(s) Implementation and Project Plan  Capabilities of the project team to conduct the project  Clarity of the project intellectual property  Budget estimation/request adequacy Market potential  Clarity of the POC target market/customers  The solution addresses an immediate market or industrial need/pain  Effectiveness and realistic commercialization and sales plans.
  12. 12. IP Ownership & Contribution The inventor FULLY owns their IP - ASRF has no ownership. ASRF receives a royalty (% of sales) in the first five years. (as agreed by both inventor and ASRF up front) The team provides technical reports and progress The team delivers public training/workshops on their technical field of expertise
  13. 13. 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.
  14. 14. 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.
  15. 15. 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.
  16. 16. All research activities supported by the ASRF should respect fundamental ethical principles.Compliance with these principles is safeguarded through the ASRF Ethics Review procedure.
  17. 17. The 3 Parties 1st Party ASRF: Funder, specialized in supporting and commercialization of scientific research 2nd Party Inventor (PI) who has applied for fund for his research. 3rd Party Affiliate: the service provider for the 2nd party (if not present will be created)
  18. 18. 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.
  19. 19. Application & Evaluation EvaluationProposal Eligibilitywriting check Negotiation FundingImpact & Funding agreement Developmentdissemination and reporting
  20. 20. Payments / Incentives Project granted by ASRF to the researcher associated with the affiliate will be controlled financially and technically exclusively by ASRF team, this will include equipment and material purchases, orders, tender and incentives paid to researchers. ASRF will pay incentives for 3rd party involved in its funded projects according to the signed agreement and milestones achieved by researchers, referring to the project plan monthly expenditures & milestones annexed.
  21. 21. Follow Up MILESTONES  Set at proposal/negotiation stage  Reports are presented to ASRF at every milestone Final Report  At the end of the project, a report is presented
  22. 22. Future plans (funding schemes)ASRF will focus on the following areas in the 2 years Renewable energy Desalination of water utilizing Renewable energy Preparation of a Business plan/Business cases Commercialization of Intellectual Properties Pharmaceutical Research In addition to the general themes
  23. 23. Thank You
  24. 24. Useful Sites ASRF http://asrf.jo/ Jordan Company for Antibody Production http://www.monojo.com.jo IPCO; Intellectual Property Commercialization Office http://ipco-jo.org/ Queen Rania Center for Entrepreneurship http://www.qrce.org/ El Hassan Science City http://www.elhassansciencecity.com/ LES Arab; Licensing Executives Society-Arab Countries http://www.lesarab.org/

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