KNOWLEDGE EXCHANGE Training FOR HIGHER EDUCATION
Developing a Commercial Proposal
AIM
To help academics, research students and support staff to develop a commercial idea for discussion with potential clients.
LEARNING OBJECTIVES
- Plan to meet the needs of beneficiaries and funders
- Consider a pro-active approach to undiscovered funding opportunities
- Draft a 'strawman' project proposal
- Appraise alternative proposal formats
- Assess and plan to manage project risk
- Organise to capture academic and commercial outputs
DURATION
1 day
WORKSHOP CONTENT
Envisioning
- Purpose of a proposal
- Develop the vision
- Focus on objective measures
- Funding: terms and conditions
- Strategic fit with funding bodies (public and private)
- Types of proposals
- Benefits of a proactive approach
Proposal formats and components
- Types of partnership
- Essential components and formats
- Barriers to delivery: identifying and managing risk
- Evidencing need and understanding the beneficiary
Evaluation
- Commercial opportunities appraisal process
- Common mistakes
Maximising academic and commercial outputs