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Technology and Carbon Criteria
- Describe the nature of the innovation that the business will address
- If the technology and its application has been demonstrated, provide feasibility data
- Describe how the proposed business's products/services will reduce CO2 emissions
Intellectual Property
- List any existing, relevant, patent titles and numbers
- Provide ownership details of Intellectual Property (IP) where it exists
- Where there is no existing IP protection, describe how the innovation will be protected
Commercial Potential
- Describe the commercial route to market (in under 100 words)
- Provide a short outline of a business development plan with cash flow forecast and outline Profit and Loss
- Identify main competitors and competing technologies
- Break down business development plan into achievable milestones
Commitment to Business
- Demonstrate clear commitment to establishing and growing the business
- Provide information on full time and part time individuals and total man-days available
- Describe:
- how long the company can continue given its current resources
- what other assets the company benefits from
- whether the founder or other person will be providing real cash
Track Record
- Describe the lead individuals who will take responsibility for the Business Development Plan and the development of the company
- Provide information where they are based
- Identify relevant experience, competence and role(s) within the proposed business
Additionality
Demonstrate why the business's formation and growth would not proceed in a timely and effective manner without the Carbon Trust's Incubator Programme support.
All Investments Need to be UK Based
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