EIT Health Commercialisation
Funding - Application template
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The purpose of the EIT Health Commercialisation Funding is primarily to support commercialisation
projects and startups to realise a breakthrough step towards the market, to verify the need/benefit of
the product/service for the customers, and to increase the possibility to attract further private
investment.
An EIT Health Commercialisation Funding project is typically 3-6 months where you perform activities
to answer critical questions or test key hypotheses.
This application should be elaborated jointly by the project leader and the Contact person at the EIT
Health Partner organization.
The Application should be written in English.
The character limitations are indications, not absolute cut-offs. Shorter is better than longer. Clear,
concrete, and concise should be the guiding principles for all information in the document.
The application should be submitted as a pdf by email to [email protected].
The deadline for submission is: May 16th 2016, 16:00
For questions, please contact Gustav Notander, [email protected], +46 70 455 98 99
Project name
Applicant/Project leader
Name
Organization
Contact details to applicant
Email
Phone
Contact person at EIT Health
Core or Associate partner
Name, Organization, contact details
Requested funding (excl. VAT)
Project time
Start:
Finish:
Yes
No
Previous EIT Health funding
Company started
Founding year:
Employees (FTE):
1
Turnover 2015:
Introduction to the idea (250 char)
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Describe the overall idea that is to be commercialised in one or two sentences
Need and Opportunity (max 1500 char)
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What is the problem or need that you are addressing?
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Who is the customer? (when relevant, consider the different roles: user, buyer, decision maker)
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How important is the problem/need?
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How big is the potential market?
Approach (max 1500 char)
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What is your solution? (product/service/technology/system/etc.)
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What is your Unique Selling Point? (one or more)
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What is your business model/business concept? (your current hypothesis)
Benefits (max 1500 char)
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What is the benefit for the customer? (when relevant, consider the different roles: user, buyer, decision
maker)
2
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What is the cost vs benefit for the customer? (your current estimations or hypothesis)
Competition (max 1500 char)
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What competing and alternative solutions are there?
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Why should the customer choose your solution instead of the competing or alternative solutions?
Current development stage (max 1000 char)
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What is the status of the development of the solution (product/service/technology/system/etc.)?
Please refer to the TRL-scale
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What is the status of the market verification? (customer contacts, market potential, etc.)
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What is the IP and legal status?
The team (max 1000 characters)
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Describe the team that will be involved in this project. What competence/experience does the team
members have? Please describe the task/area of work for each team member - What will they work
with?
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What modifications/additions to the team are necessary? What are the plans for this?
3
Ownership and IP (max 500 char)
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What is the ownership situation in the project or company?
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Who owns the Intellectual Property that is the basis for the commercialisation project?
Connection to EIT Health core or associate partners (max 500 char)
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Describe briefly how you are connected to the innovation support system or business development
process at an EIT Health core or associate partner, including “linked third parties”
Description of the Commercialisation Funding project
Key question(s) to address or
key hypotheses to test
Project goal(s)
Think SMART goals (Specific,
Measurable, Achievable,
Realistic, Time-set )
Activity plan
All relevant activities to answer the key questions/test the hypotheses should be included, although not all of
them may require external funding
Activity
Who does it?
Deliverable/output
Total requested
funding
4
Budget
Finished by date
(max 50 000 €)
Co-funding – matching resources
Type of co-funding
From whom
Value (€)
Other funding received in the period:
12 months prior to the start of this
project until the end of this project
(has to be for the same project)
In-kind/KCA support 1 (e.g. business
coaching) received in the period: 6
months prior to the start of this
project until the end of this project
(has to be for the same project)
In-kind/KCA support 2 (e.g. access to
facilities) received in the period: 6
months prior to the start of this
project until the end of this project
(has to be for the same project)
etc
Total co-funding
(should be at least equal to the
requested funding in this application)
Impact of the EIT Health Commercialisation Funding (max 1000 char)
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Describe briefly what difference the EIT Health Commercialisation Funding would make for the project
5