Question 2. Market
What is the size of the potential market for your project? (400 words)
- the details of the target market, including the size, margins, market leaders, key competitors, price competition and barriers to entry
- the expected share of market, such as wide body, narrow body or services
- the growth opportunity your project will create, including the projected market share it will make possible
- the specific target product, platform and service applications underpinning the market opportunity, and when you expect them to come into service
- the return on investment that the project could achieve, providing relevant source data references
- the existing or future customer relationships that would benefit from this project
Question 3. Results
How will you exploit and disseminate your project results? (400 words)
Address and describe your:
- expected project outputs, including products, services, processes and capabilities
- consortium exploitation plan, including the route to market, intellectual property, changes to business models or processes, research and development (R&D), and manufacturing services
- consortium spill-over or dissemination plan, demonstrating how your activities will contribute to the wider aerospace industry and other sectors
Question 4. Benefits
What economic, social and environmental benefits do you expect your project to deliver, and when? (400 words)
Describe all the benefits you expect your project to generate, both inside and outside of the consortium.
Describe the R&D, capital and training expenditure which you expect to be made as a result of this project. What do you expect the expenditure to be made on?
How many jobs do you expect the project partners to either safeguard or create as a direct result of this project? Which jobs will be safeguarded?
Explain why the project is needed to safeguard or create these jobs.
Where relevant you can also describe any expected training or jobs safeguarded or created as an indirect result of this project.
Describe any other impacts that would not happen without your project. For example, effects on: greenhouse gas, noise, air quality and so on.
Question 5. Technical approach
What technical approach will you use and how will you manage your project? (400 words)
Describe the areas of work and your objectives. List all resource and management needs. Provide an overview of the technical approach.
- describe the technical approach, including the main objectives of the work
- explain how and why the approach is appropriate
- tell us how you will make sure the innovative steps in the project are achievable
- describe rival technologies and alternative R&D strategies
- explain how you will measure your success
You must submit a work breakdown structure (including cost of each work package) as a single PDF appendix no larger than 10MB and up to 5 pages long to support your answer. It must be legible at 100% zoom.
Question 6. Innovation
What is innovative about your project? (400 words)
- how it will push boundaries beyond current leading-edge science and technology
- how it will apply existing technologies in new areas
- what competitors are doing, and how they are trying to achieve the same outputs
- how and why any IP from the project will be free from restriction and readily exploited
- how the research is new in an industrial and/or academic context
Give evidence in support of any statements or claims.
You can detail the level of innovation though patent search results, competitor analyses or literature surveys. If relevant, you should also outline your own intellectual property rights.
You can submit a table in a single PDF appendix no larger than 10MB and up to 5 pages long to support your answer. It must be legible at 100% zoom.
Question 7. Risks
What are the risks (technical, commercial and environmental) to your project’s success? What is your risk management strategy? (400 words)
Identify or give:
- the main risks and uncertainties within the project
- a detailed risk analysis and mitigation steps taken or planned for each risk
- the new level of risk with mitigation in place
- the project management resources required to minimise operational risk
You can upload a risk register as an appendix in PDF format no larger than 10MB and up to 5 pages long. The font must be legible at 100% zoom.
Question 8. Team and facilities
Does your project team have the right skills, experience and facilities to deliver this project? (400 words)
Demonstrate that the project team:
- has the right mix of skills and experience to complete the project
- has a track record in managing research and development projects
- has clear objectives and roles or responsibilities
Describe the benefits of the collaboration. What advantages does being part of a consortium offer the project?
You can submit a single appendix as a PDF no larger than 10MB and up to 5 pages long to support your answer. The font must be legible at 100% zoom.
Question 9. Costs
What will your project cost? (400 words)
Give, along with supporting evidence:
- the total project costs and level of grant funding you are requesting
- justification for large project expenditure, and any significant costs such as subcontractors
- reassurance that the budget is realistic for the scale and complexity of the project
- a statement that funding is within the limits set by this competition
- a list of any other sources of funding outside of the programme, and explain why they are needed
- a realistic budget breakdown, including a funding profile and timeline
- a description, justification and costing of individual work packages
Question 10. Added value to the UK
How does financial support from the UKART Programme add value to the UK? (400 words)
Address both of the following:
- Why do you need this much funding? Explain what other sources of funding have been considered, including private investment, and why it is not available. Supporting evidence could include, but is not limited to: business cases, internal rate of return analysis, or other financial comparisons of the scenarios with funding and without funding.
- What will happen to the project in the absence of funding? Describe and provide evidence for what will occur if the application for funding is not successful, in particular whether:
- some or all of the project would be likely to be carried out overseas, listing overseas sites able to carry out the work, explaining the implications for cost, quality and timescales, and outlining any likely support from overseas governments
- the project investment and benefits will be scaled back in the UK, explaining where applicable the impact a delay or a change of scope would have on starting the project