Your proposal must demonstrate…

• a clear game-changing, innovative and/or disruptive and ambitious idea leading to new products, processes or services
• an idea that is significantly ahead of others in the field, set for rapid commercialisation
• a strong and deliverable business plan that addresses (and documents) market potential and needs
• a clear, evidence-based plan to deliver significant economic impact, return on investment (ROI) and growth through commercialisation, and at speed
• a team, business arrangement or working structure with the necessary skills and experience to run and complete the project successfully
• awareness of all the main risks the project will face (including contractor or equipment failure, recruitment delays, etc) with realistic management, mitigation and impact minimisation plans for each risk
• clear, considerable potential to significantly impact the UK/global economy and/or productivity in a positive way
• sound, practical financial plans and timelines that represent sound fiscal management