SPARK LOIs and Proposals will be scored based on the following criteria:
Market Need Addressed
- Is there a clear market need identified in the proposal?
- Is the innovation proposed going to satisfy the unmet consumer, industry or medical need?
- Does the proposal include market data and an estimate as to what share of the market the innovation may realistically capture?
Innovation and Novelty
- Is the proposed innovation novel?
- Is there existing or the potential for intellectual property protection?
- Does the innovation solve the unmet need differently (e.g., better, faster, cheaper) than the current state-of-the art?
- Is the innovation a disruptive technology or an incremental improvement over the current state-of-the art?
- Will the proposed experiments result in near term commercialization opportunities through partnership, licensing or start-up formation? If not, will significant additional experimentation and/or expense be required to generate such opportunities?
- Are there obvious potential licensees?
- Is there already a commercial partnership in place or an expressed interest from a prospective partner?
- Is there an existing UConn start-up based on this innovation?
Scientific Merit and Feasibility
- Is the experimental design technically sound?
- Does the investigator/team have appropriate expertise and facilities?
- Can the proposed experiments be completed in one year?
- Will the proposed experimental design provide enough data/results to further the commercial appeal of the innovation?