Applications will be evaluated on the following assessment criteria which include but are not limited to:
- Significance of the challenge/opportunity to support the company's business strategy and/or growth
- Rationale for the proposed project to address the company-specific problem or opportunity
- Clarity and appropriateness of the research and development methodology, objectives and roles of each partner
- Feasibility of the project plan (i.e. milestones, budget, timeframe, project management plan and risks)
- Appropriateness of the team's experience, expertise and resources to perform the proposed project
- Clarity of the rationale and plan for collaboration between the research team and company
- Clarity and feasibility of the plan to implement and/or commercialize the project results, including management of Intellectual Property emerging from the project, and next steps after the project completion
- Adequacy of the company resources and capacity to commercialize the results
- Likelihood of economic benefit for the company in Ontario (including job creation/retention, new revenue generation, investment attraction, cost savings, value chain development) within three years of project completion
- Overall quality and completeness of the application