THE SPARK FUND

DELIVERABLES

1. SPARK FUND EXECUTIVE SUMMARY

Maximum three pages of text

  • Need/Problem
  • Research Overview
    • Use of Spark Fund grant
  • Technology and Product
  • Target Markets
  • Commercialization Strategy
    • Spinout Plans, if any
    • Potential licensees/ acquirers/ collaborators/ early adopter customers
    • Feedback from the above
    • Letters of Support

 

  • Major Project Milestones
  • Current & Anticipated Research Grant Support
  • Competition
  • IP Status
  • Regulatory Path (if applicable)
  • Research Team
    • Contact Information

2. SPARK FUND SLIDE DECK

(10-15 slides)
Cover Page
  • The name of your research and a one sentence description
Need/Problem
  • Clearly articulate the problem you are solving, who is experiencing the problem, and provide a few statistics to show the scope and importance of the problem.
Research Overview
  • Describe the focus and purpose of the research, and your technical approach
Major Project Milestones
  • The stage of technology development (milestones reached and planned)
  • Lay out the research milestones that can be implemented within the proposed budget and timeline
  • The remaining time needed to develop the technology
CURRENT & ANTICIPATED RESEARCH GRANT SUPPORT
  • Include your funding history to date, proposed use of the Spark Fund grant, additional funding plan going forward
Technology and Product
  • Explain how your research product will solve customer problems and deliver specific benefits
  • Describe how the technology is unique compared to other approaches
  • Offer preliminary data that validates the technology (results, or prototype testing and evidence that your technology or product works)
Target Markets
  • Enumerate the size of the market opportunity (units and $)
  • Describe your ideal customer
Commercialization Strategy
  • Spinout Plans, if any
  • Potential licensees/acquirers/collaborators/early adopter customers
    • Feedback from the above
    • Letters of support
Competition
  • Explain your key competitive advantages
    • Highlight the¬†secret sauce¬†that you have and others do not
    • Describe why your solution can not be easily copied
  • Illustrate what other alternatives to your products currently exist in the market
    • Divide your competition into distinct categories
  • Discuss the willingness of users to change from their current solutions to yours
IP Status
  • Discuss your current IP position (patents, patents pending, copyrights)
    • List Northeastern Invention Disclosure and Software Disclosure numbers for reference.
REGULATORY PATH (IF APPLICABLE)
  • Describe your regulatory route, timing and address the regulatory challenges associated with your research and proposed solutions
Research Team
  • Briefly introduce the researchers, including a short summary of employment showing domain experience, track record, and relevant expertise
    • Contact information
  • Include the names of any advisors and consultants
  • Identify the key research positions, if any, that you still need to fill
Summary
  • Summarize all the most interesting facts about your research, as well as any huge milestones or achievements you may have achieved

3. SPARK FUND BUDGET

Salaries for research faculty, postdoctoral researchers, Ph.D., graduate and undergraduate students; materials, supplies, travel expenses excluding conference attendance, and equipment and supplies necessary for the performance of the research provided that equipment costs do not exceed $2,000; costs related to animal care and research; and external consultant or advisor costs approved by the Spark Fund.

Overhead or indirect costs; tuition; visa fees; scholarships; sabbatical leave; salaries for staff, visiting faculty, visiting researchers, tenured or tenure track faculty (including but not limited to the Lead Researcher) and other personnel not named in Allowable Expenditures above; conference attendance and travel; patent expenses; entertainment; equipment in excess of $2,000; sales, marketing, or other business development; and debts, fines, or penalties.

4. SPARK FUND TIMETABLE

CONTACT

JOEL BRESLER

JOEL BRESLER

DIRECTOR, GAP FUNDING & SPECIAL PROJECTS

Center for Research Innovation
(617) 373-7891
[email protected]