The RCP 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. The RCP is expected to attract and support research commercialization sub-projects from RIs and universities. Mentorship activities will offer individualized training and coaching, as well as facilitate the matching between potential candidates and prospective enterprises/ investors. Component 3 will support complementary regulatory/ legal reforms necessary for effective research commercialization.
Mentorship to sub-projects: MHESI established a Technology Transfer Office (TTO) that will provide tailored capacity-building for RCP sub-projects on varying themes, including market sizing exercises, developing commercialization concept, sales and marketing, team building, investment and finance, presentational and pitching skills. In view of the nascent market for investment readiness services in the country, a reputable international contractor will be competitively hired to help build capacity of the TTO and thus build a strong cadre of technology commercialization specialists in the country. The contractor’s key tasks include (i) development of capacity of the TTO staff, including training and supervising the TTO commercialization managers to ensure regular knowledge transfer; (ii) drafting RCP manual based on analysis of gaps in existing commercialization practices; (iii) support TTO in implementing RCP (selecting RCP beneficiaries, providing peer review, help developing monitoring mechanisms etc.); (iv) provide mentoring to RCP beneficiaries.
Learn more about the program with the manual here and video instruction on proposal submission here.