Part 1 of the application is an Expression of Interest which is completed by the company and reviewed by CARIRI. At this stage, an administrative eligibility check will also be done (criteria are detailed on page 7). CARIRI then invites eligible companies to undertake an iGap intervention, where the need and scope of the potential innovative project is defined. Companies must pay a financial contribution towards the cost of the iGap intervention. The indicative cost of
iGap is USD75 (TTD500) per hour with a typical intervention lasting between 1-6 hours depending on:
• Size of the company.
• Number of representatives to speak with.
• If a site visit/tour is included.
• Follow-up actions e.g. meetings/review of documents.
However, companies that have already applied to the Innovation Challenge Facility and have a pre-defined project may be fast-tracked through the process (i.e. they do not undertake an iGap intervention and are invited to complete Part 2 of the application). The output of iGap is a fully defined project with a clear scope, defined activities and requirements, including the profile of the research associate needed for the project. This output forms Part 2 of the application, the Project Definition Form. The full application (Parts 1 and 2) is submitted by the company and then reviewed and scored by an Advisory Panel, who submit recommendations to CARIRI. On approval by CARIRI, successful applicant companies will then enter the matching phase to identify research associates with the skills and knowledge they require, as provided in Part 2 of the application.
Once a suitable research associate has been identified, companies are then invited to submit a detailed cost proposal, the CV of the research associate and the implementation plan for the research project for final ratification. The company will enter into a consultancy agreement with the research associate for a period of up to six months. All information provided by applicants is treated in the strictest of confidence. Please refer to the Shaping the Future of Innovation Privacy Notice for further information