The RCP is aimed at supporting technology commercialization sub-projects from Research Organizations and Higher Education Institutions to be submitted and represented by eligible applicants - individual researchers. Selection is based on two core principles: (i) technological readiness and (ii) commercialization potential of the project.

By supporting the selection and implementation of research commercialization sub-projects, the RCP pursues the following objectives:

1)      Build and strengthen systemic partnerships between industry, research institutes, and universities for technology development and transfer to address systemic problems in manufacturing sectors.

2)     Stimulate SME’s investment activity in R&D and private research organizations of high-quality R&D.

3)     Contribute to collective efforts to develop new technologies in areas of national importance.

4)     Cooperate with leading international research centers and global businesses.

Proposals selection. Proposals must be submitted in 1) English and 2) Uzbek or Russian optionally. The selection process includes submission of proposals, formal compliance checks, external technological evaluation by the International Evaluation Platform, commercial evaluation and shortlisting of proposals by the International Expert Board, pitching session, and signing of protocol of winners by the International Expert Board that lead to the obligatory participation in the acceleration program for winners and signing of Grant Agreement.

The Research Commercialization Program has an allocation of US $4 million and will (i) finance research commercialization sub-projects on the development of proof-of-concept and small-scale prototyping, and (ii) provide mentorship to sub-projects with commercialization potential. Grant recipient for RCP grant funds must be a legal entity created after the grant is awarded in the Republic of Uzbekistan in the form of LLC.

General requirements for RCP are:

Requirement

Research Commercialization Program

Grant amount

up to US $150,000

Co-financing amount (mandatory)

at least 15% from the grant amount
in monetary form

Implementation period

up to 24 months

Proposal submission period

from 25th December 2023
to 19th February 2024

(start and end of a business day)

For more information, see the Grant Program Manuals: https://wbgrants.uz/

All applications will be accepted online: https://app.wbgrants.uz/

For all questions, please contact the Program Implementation Team and Project Implementation Unit:

Tel: +998951405995, +998995812612, +998 97 170 67 84,

e-mail: munis@wbgrants.uz

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