What does NanoConnect offer?
NanoConnect offers companies access to University researchers and facilities for approved projects.
The program consists of 2 stages:-
Stage 1. Scoping Project
A two to three week scoping project is undertaken to assess the technical feasibility of the project, at no cost.
This consists of a desktop review of the available commercial and scientific literature.
Stage 1 - Will take up to 12 Weeks to complete from submission of a successful expression of interest (EOI)
• Written Report
• If the project is found to be technically feasible and the NanoConnect Management Team assesses it as eligible, the project can then proceed to stage 2.
Stage 2. "Proof of Concept" Project
A two month laboratory based “Proof of Concept” (PoC) project will then be undertaken, with small cash and in-kind contributions from the company. The PoC projects allow companies to make informed decisions on the commercial potential of the concept, at which point they are free to pursue the idea independently or in further collaboration with University researchers.
To ensure collaboration and maximise benefits to the company and of the relevance of the research, companies are expected to be involved in regular project discussions during Stage 2 as part of their "In-kind" contribution to the project.
Stage 2 - Will take up to 6 months to complete after completion of Stage 1
• Written report, lab results, demonstration of PoC
• The laboratory PoC projects will allow companies to make informed decisions on the commercial potential of the concept, at which point they are free to pursue the idea independently or in further collaboration with Flinders University.
• The Participants in NanoConnect may proceed further to access the SA Government’s Innovation Voucher Program, BioSA’s commercialisation grants, or other relevant Commonwealth programs, subject to meeting relevant eligibility requirements
What does NanoConnect cost?
The Stage 1 Scoping Project is free of charge. To ensure that the proof of concept studies undertaken are commercially relevant companies are asked to contribute $5000 cash and $10,000 of in-kind project support to Stage 2 studies.
In-kind support is not cash supported, but rather use of company facilities such as manufacturing equipment, specialist testing equipment etc. and/or involvement of company staff, whose skills and guidance are required for the project. Naturally the level and type of this in-kind support is project and company dependent.