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A multidisciplinary committee selected from inside the Institute
and from our Catalysts evaluate all applications.
These individuals are participating under our conflict of interest and Catalyst guidelines. Successful
applicants will be asked to prepare a more formal proposal for further
review.
Please note:
- Funding must be for research done in MIT laboratories
- Proposals must be submitted by a faculty member at MIT (exceptions
for sponsored research staff that are accorded principle investigator
status)
- Outside and cross-disciplinary collaborations are welcome
The criteria for selection include:
- Will this greatly help move the technology towards commercialization?
- Is this technology likely to be spun-out of MIT
within 3 years?
- Is this a totally novel, unique, and potentially disruptive
technology? Would the faculty member be taking a risk (vs. doing
an extension of existing work)?
- Will this result in a high reward by addressing
real market needs if successful?
- Would this technology have broad, fundamental implications?
Cross-disciplinary applications are especially desirable.
- Is there an opportunity for creating new IP? Lack of prior IP
or publication is a plus.
- What is the likelihood of technological success? Is the scope
appropriate for the $50k budget? High risk is OK, as long as feasibility
can be determined within one year.
- Is Deshpande Center support - such as funding, partnerships,
and mentoring - critical to the success of this idea?
- Is the PI
eager to participate in programs and partnerships early on
to increase likelihood of commercialization? Will the
PI be a role model in encouraging innovation and entrepreneurship
in his/her lab or department? Is this team eager
to benefit from the Deshpande Center Catalyst Program?
The criteria for selection include:
- Will this greatly help move the technology towards commercialization?
- Is this technology likely to be spun-out of MIT within 1-2
years?
- Is there a strong market need or potential impact? Does this
technology have a high likelihood of being licensed? Is there
a business model that makes sense?
- Is this technology novel, unique, and potentially disruptive?
- Is there a proof of concept already? Is there a likely, clear
path to success - for example IP, device, code, etc. within a
year?
- Is there a likelihood to develop an IP portfolio?
- Is Deshpande support - such as funding, partnerships, and mentoring
- critical to the success of this technology?
- Is the PI
eager to participate in programs and partnerships early on
to increase likelihood of commercialization? Will the
PI be a role model in encouraging innovation and entrepreneurship
in his/her lab or department? Is this team eager
to benefit from the Deshpande Center Catalyst Program?
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