List of FAQs
Who can apply?
Anyone can apply. We are not restricting the person applying for the program. However we would like to know how you will utilize the grant money if you win.
What is the grant for - Open ended or close-to-market research?
While 100k may be sufficient to take a medical device/diagnostic to market, it may only suffice for Phase I trial of a drug. We are open to drugs, vaccines, devices, diagnostics, service models and delivery systems. The focus is on innovations that will have great societal impact eventually, like cell phones for example. We would like to cap the capital expenditure to 25% of the grant amount. Consumables do not form part of the capital expenditure.
Is the contest open only to Indians?
IKP-GCE is open to anyone working in India. You may be of any nationality, but we require that the work happen in India, to encourage entrepreneurship while creating jobs and opportunity for equitable healthcare to all.
When is the application Deadline?
Dec 1st 2011, IKP-GCE Round-1 closes on December 1st, 2011.
What is expected by Dec 1st?
2 page proposal to be uploaded on www.ikp-gce.com. You can create a user account on www.ikp-gce.com by clicking the signup button.
Can I submit more than one proposal?
Yes, you can. You will have to create separate user accounts on our website (with 2 different email ids) for each project proposal.
What are the criterion for judging?
Novelty, Societal impact, alignment with the goals of the foundation, sustainability, execution capability.
What should the 2 page proposal contain?
We request to address the following - Description of innovation, working concept, stage of development, short term strategy, and long term direction.
How is long term direction different from short term direction?
Please ensure that your long term direction involves reaching to all layers of the socioeconomic population. Your short term strategy must ensure that you use the USD 100,000 effectively (and according to plan) so that you are eligible for USD 1Million after 18 months.
Who owns the invention / intellectual property?
All Intellectual Property resides with the inventor. Gates Foundation can access the the IP as part of their Global Access Strategy Program. Gates Foundation uses the Global Access Strategy Program to make invention(s) available to people below the poverty line. While the inventor is free to monetize the invention on populations above the poverty line, gates foundation will try to economize the production and distribution of the invention/service/drug/vaccine/device/diagnostic so that it benefits everyone, especially those below poverty line.
What is the Global Access Strategy?
For a detailed overview of disclosing IPR to the Bill and Melinda Gates Foundation please refer Page 13 of http://www.grandchallenges.org/diagnostics/Documents/POC_Diagnostics_RulesandGuidelines.pdf
If I do not win, does the Gates Foundation still have access to my IP for the Global Access Strategy program?
If you are not chosen as a GCE grantee, your IP is not available to the Gates Foundation.
How can IKP Knowledge Park help with mentoring?
IKP Knowledge Park has incubated over 30 companies so far, some of the largest being GVK Bio, Aptuit Laurus and SAi Adventium. The IKP network is very large, especially given the Indian innovation landscape. Our Board of Directors includes former heads of ICMR/CSRIT, Serial Technology Entrepreneurs, Members from the Indian Administrative Service, and seasoned banking individuals. The park has a common lab facility with over 3Million Dollars worth of equipment, and this can be accessed for a nominal fee by the incubatees and winners of the IKP-GCE program. We are setting up (or have set up) NMR, LCMS, GC, HPLC & AKTA Chromatography Systems, FACS, PCR/RT-PCR, DNA/Protein Gel systems, Cold Room, Dark Room, Confocal Microscope, Fermentor, and more.
How is the proposal review process structured?
Applicants will submit their short 2 page proposal by Dec 1st, 2011. IKP Knowledge Park and researchers from academia and industry will evaluate the proposals for novelty and feasibility and shortlist 20-30 proposals. These 20-30 teams will be required to submit a more detailed proposal, after ensuring that applicants (and evaluators) are protected from infringement of intellectual property and other legal ramifications.Guys nice one to participate in to explore your knowledge and ideas
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Thanks for your interest in IKP Grand Challenges Explorations 2011, if you have any questions or need any clarifications please email us at vikraman@ikpknowledgepark.com or call us at +91-8790672424.
List of FAQs
Who can apply?
Anyone can apply. We are not restricting the person applying for the program. However we would like to know how you will utilize the grant money if you win.
What is the grant for - Open ended or close-to-market research?
While 100k may be sufficient to take a medical device/diagnostic to market, it may only suffice for Phase I trial of a drug. We are open to drugs, vaccines, devices, diagnostics, service models and delivery systems. The focus is on innovations that will have great societal impact eventually, like cell phones for example. We would like to cap the capital expenditure to 25% of the grant amount. Consumables do not form part of the capital expenditure.
Is the contest open only to Indians?
IKP-GCE is open to anyone working in India. You may be of any nationality, but we require that the work happen in India, to encourage entrepreneurship while creating jobs and opportunity for equitable healthcare to all.
When is the application Deadline?
Dec 1st 2011, IKP-GCE Round-1 closes on December 1st, 2011.
What is expected by Dec 1st?
2 page proposal to be uploaded on www.ikp-gce.com. You can create a user account on www.ikp-gce.com by clicking the signup button.
Can I submit more than one proposal?
Yes, you can. You will have to create separate user accounts on our website (with 2 different email ids) for each project proposal.
What are the criterion for judging?
Novelty, Societal impact, alignment with the goals of the foundation, sustainability, execution capability.
What should the 2 page proposal contain?
We request to address the following - Description of innovation, working concept, stage of development, short term strategy, and long term direction.
How is long term direction different from short term direction?
Please ensure that your long term direction involves reaching to all layers of the socioeconomic population. Your short term strategy must ensure that you use the USD 100,000 effectively (and according to plan) so that you are eligible for USD 1Million after 18 months.
Who owns the invention / intellectual property?
All Intellectual Property resides with the inventor. Gates Foundation can access the the IP as part of their Global Access Strategy Program. Gates Foundation uses the Global Access Strategy Program to make invention(s) available to people below the poverty line. While the inventor is free to monetize the invention on populations above the poverty line, gates foundation will try to economize the production and distribution of the invention/service/drug/vaccine/device/diagnostic so that it benefits everyone, especially those below poverty line.
What is the Global Access Strategy?
For a detailed overview of disclosing IPR to the Bill and Melinda Gates Foundation please refer Page 13 of http://www.grandchallenges.org/diagnostics/Documents/POC_Diagnostics_RulesandGuidelines.pdf
If I do not win, does the Gates Foundation still have access to my IP for the Global Access Strategy program?
If you are not chosen as a GCE grantee, your IP is not available to the Gates Foundation.
How can IKP Knowledge Park help with mentoring?
IKP Knowledge Park has incubated over 30 companies so far, some of the largest being GVK Bio, Aptuit Laurus and SAi Adventium. The IKP network is very large, especially given the Indian innovation landscape. Our Board of Directors includes former heads of ICMR/CSRIT, Serial Technology Entrepreneurs, Members from the Indian Administrative Service, and seasoned banking individuals. The park has a common lab facility with over 3Million Dollars worth of equipment, and this can be accessed for a nominal fee by the incubatees and winners of the IKP-GCE program. We are setting up (or have set up) NMR, LCMS, GC, HPLC & AKTA Chromatography Systems, FACS, PCR/RT-PCR, DNA/Protein Gel systems, Cold Room, Dark Room, Confocal Microscope, Fermentor, and more.
How is the proposal review process structured?
Applicants will submit their short 2 page proposal by Dec 1st, 2011. IKP Knowledge Park and researchers from academia and industry will evaluate the proposals for novelty and feasibility and shortlist 20-30 proposals. These 20-30 teams will be required to submit a more detailed proposal, after ensuring that applicants (and evaluators) are protected from infringement of intellectual property and other legal ramifications.
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