2. Agenda For Today
§ Broad Qualifying Criteria
§ The Successful Applicant
§ How to Apply to RICAP
§ Program Reminders
2
3. Broad Qualifying Criteria
§ Be committed to
commercialization of the
technology/application/product/se
rvice that you are bringing to the
program.
§ Have an IP “position” i.e. be in
possession of intellectual assets,
whether protected or not, that
can be described and discussed.3
4. § Be able to describe the
underlying strength of the
technology /product/service in
terms of known competition.
§ Have shown progress or
understanding in meeting one or
more certain critical milestones,
e.g. filed IP, established a team,
received investment, created a4
Broad Qualifying Criteria
5. Broad Qualifying Criteria
§ Able to express the
commercialization goals of the
company or venture, in terms of
desired and realistic outcomes.
§ Show focus!
5
6. The Successful
Applicant…
§ Wants to commercialize a
product, service or technology.
§ Needs to develop business strategy.
§ This commitment is separate from,
but connected to, technical
milestones
§ Just getting started in
commercialization, and understands
commercialization is a “long and6
7. The Successful
Applicant…
§ Must be able to identify some key
areas where he/she lacks
knowledge or the tools necessary
to commercialize.
§ E.g. need assistance in identifying
competitive position vis-a-vis
current products, or e.g. need
assistance in building out your
financial or business model.
§ Be open to feedback!7
8. The Successful
Applicant…
§ Must articulate interest in
learning to build their business.
§ What is your “value proposition”?
§ Understanding competitive
advantage and recognizing this
as being important to commercial
success.
§ Recognizes this is not a business8
9. How To Apply For RICAP
§ Visit RICAP website: www.RICAP.ro
§ Read all info (available in English
& Romanian)
§ Check if you fit the criteria
§ Create account to start
application
§ If 2013 applicant, prepare to9
14. Complete Application
14
Section 1:
Company Information
§
Company Name
§
Fiscal Code
§
Contact Details
§
Legal Reps
§
Ranges:
§
Years in
Business
§
Employees
§
Revenue
Section 2: Technology &
Commercialization Needs
§
Product &
Technology
Descriptions
§
Target Market
Sector (customer
details)
§
Value Proposition
§
Stage of
Technology
15. Complete Application
15
Option One
§
Complete & submit
application at once after
creating account on Larta
Portal
§
Cannot edit application after
submission
Option Two
§
Create account
on Larta portal
§
Start application,
but save
application
progress and
complete at later
19. Don’t Forget!
19
•
Save Application Progress
with or
•
Complete & Submit
Application with
•
Be Honest & Concise
§
Do not use misleading
language
•
Complete in English!
•
Application Deadline:
15 July 2014
•
Selection Announcement:
September 2014
•
Be Open to Feedback!