The assessors will score all your answers apart from question 1 and 2. You will receive feedback for each scored question. Find out more about how our assessors assess.
You must answer all questions. Your answer to each question can be up to 400 words long. Do not include any website addresses (URLs) in your answers.
Question 1. Applicant location (not scored)
You must state the name and full registered address of your organisation
We are collecting this information to understand the geographical location of all participants of a project.
Question 2. Equality, Diversity and Inclusion (not scored)
How have you incorporated equality, diversity and inclusion into your project delivery and project outcomes?
Describe any challenges or opportunities relating to equality, diversity and inclusion arising from your project and the methods and approaches used to address them:
- during project delivery
- for governance
- for the project team and advisory boards
- for stakeholder and end-user engagement
- for design thinking
Note: Questions relating to equality, diversity and inclusion will not form part of the funding decision but will be used to inform the development of EDI activities for the competition cohort.
Question 3. Need or challenge
What is the business need, technological challenge, or market opportunity behind your innovation?
- the main motivation for the project
- the business problem, need, technological challenge or market opportunity identified
- how your project will support the development of novel production systems that create new sources of resource efficient, low-emission foods, particularly proteins, while delivering healthy and sustainable diets
- how your project outputs will progress emerging novel food production systems closer towards commercial viability and being able to supply mainstream consumer markets
- the wider economic, social, environmental, cultural or political challenges which are influential in creating the opportunity
- how the grant and aligned private investment will enable you to grow and scale beyond the project
Question 4. Approach and innovation
What approach will you take and where will the focus of the innovation be?
- how you will respond to the need, challenge or opportunity identified
- whether the innovation will focus on existing technologies in new areas, the development of new technologies for existing areas or a totally disruptive approach
- the freedom you have to operate
- how this project fits with your current product, service lines or offerings
- how it will make you more competitive
- the nature of the outputs you expect from the project (for example report, demonstrator, know-how, new process, product or service design) and how these will help you to target the need, challenge or opportunity identified
You can submit one appendix to support your answer. It can include diagrams and charts. It must be a PDF, up to 2 A4 pages long and no larger than 10MB in size. The font must be legible at 100% zoom.
Question 5. Team and resources
Who is in the project team and what are their roles?
- the roles, skills and experience of all members of the project team that are relevant to the approach you will be taking
- the resources, equipment and facilities needed for the project and how you will access them
- the details of any vital external parties, including subcontractors, who you will need to work with to successfully carry out the project
- any roles you will need to recruit for
You can submit one appendix with a short summary of the main people working on your project to support your answer. It must be a PDF, up to 4 A4 pages long and no larger than 10MB in size. The font must be legible at 100% zoom.
Question 6. Market awareness
What does the market you are targeting look like?
- the target markets for the project outcomes and any other potential markets (domestic, international or both)
- the size of the target markets for the project outcomes, backed up by references where available
- the structure and dynamics of the target markets, including customer segmentation, together with predicted growth rates within clear timeframes
- the target markets’ main supply or value chains and business models, and any barriers to entry that exist
- the current UK position in targeting these markets
- the size and main features of any other markets not already listed
Question 7. Outcomes and route to market
How are you going to grow your business and increase long term productivity as a result of the project?
- your current position in the markets and supply or value chains outlined, and whether you will be extending or establishing your market position
- your target customers or end users, and the value to them, for example, why they would use or buy your product
- your route to market
- how you are going to profit from the innovation, including increased revenues or cost reduction
- how the innovation will affect your productivity and growth, in both the short and the long term
- how you will protect and exploit the outputs of the project, for example through know-how, patenting, designs or changes to your business model
- your strategy for targeting the other markets you have identified during or after the project
Question 8. Competitors and barriers
Who else is operating in this space and what barriers may limit your ability to exploit your project output?
- the process you have completed to evaluate the work of competitors including those near market, or in development
- who your main competitors are and how does your proposal build on, or differentiate from their offerings
- where applicable, what regulatory, cultural or other barriers exist both in the UK and internationally and how you will overcome them to fully exploit this opportunity
Question 9. Wider impacts
What impact might this project have outside the project team?
Describe and, where possible, measure the economic benefits from the project such as productivity increases and import substitution, to:
- external parties
- others in the supply chain
- broader industry
- the UK economy
Describe and, where possible, measure:
- any expected impact on government priorities
- any expected environmental impacts, either positive or negative
- any expected regional impacts of the project
Describe any expected social impacts, either positive or negative on, for example:
- quality of life
- social inclusion or exclusion
- jobs, such as safeguarding, creating, changing or displacing them
- public empowerment
- health and safety
Question 10. Project management
How will you manage your project effectively?
- the main work packages of your project and the total cost of each one
- your approach to project management, identifying any major tools and mechanisms you will use to get a successful and innovative project outcome
- the management reporting lines
- your project plan in enough detail to identify any links or dependencies between work packages or milestones
You must submit a project plan or Gantt chart as an appendix to support your answer. It must be a PDF, up to 2 A4 pages long and no larger than 10MB in size. The font must be legible at 100% zoom.
Question 11. Risks
What are the main risks for this project?
- the main risks and uncertainties of the project, including the technical, commercial, managerial and environmental risks
- how you will mitigate these risks
- any project inputs that are critical to completion, such as resources, expertise, and data sets
- any output likely to be subject to regulatory requirements, certification, ethical issues and so on, and how you will manage this
You must submit a risk register as an appendix to support your answer. It must be a PDF, up to 2 A4 pages long and no larger than 10MB in size. The font must be legible at 100% zoom.
Question 12. Costs and value for money
How much will the project cost and how does it represent value for money for the team and the taxpayer?
In terms of your project goals, explain:
- your total project costs
- the grant you are requesting
- how you will finance their contributions to your project
- how this project represents value for money for you and the taxpayer
- how it compares to what you would spend your money on otherwise
- any subcontractor costs and why they are critical to your project
Question 13. Added value and investment requirement
What impact would the public funding and secured investment have on the businesses involved?
- whether the project could go ahead in any form without public funding and if so, the difference the public funding would make, such as a faster route to market or reduced risk
- why you are not able to fund the project from your own resources and why you are seeking private sector aligned investment, and what would happen if the application is unsuccessful
- how the project would change the nature of R&D activity and subsequent ability to grow and scale
- your activities to enhance your investor readiness
- any existing or past investment in your business
- any discussions underway with investors, including for this round or for future funding
You must submit a one-page investment profile as an appendix to support your answer. This must describe your investment requirements and supporting information including all of the following and any additional relevant information:
- funding received
- ask or use of funds
- problem and solution
- business or revenue model
- financial projections
- contact details
This profile will be shared with all the investors associated with this Investor Partnership competition. Please do not include any confidential information.
If you need help to prepare a one-page investment summary, contact the Knowledge Transfer Network (KTN) or follow their guide.
It must be a PDF and must be 1 A4 page long and no larger than 10MB in size. The font must be legible at 100% zoom.