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Proposal Title: Principal Investigator (PI) or startup executive name: PI Research Institution or Company Name: Address and Contact Information: If Research Institution, include Technology Transfer Office Contact Name, Phone Number and Email Address: Submitted to:MassCEC Catalyst Program AwardsMass Clean Energy Center, and Mass Technology Transfer Center225 Franklin Street, 12th Floor, Boston, MA 02110Phone: 617-287-4088 Email: Proposed Starting Date: Proposed Project Duration: Proposed Total Budget: One paragraph description of technology: Executive Summary (1 page maximum)Include the following information: Overview Short statement about the stage of development of the technology and its origins, the names and roles of the founders, researchers, inventors and their current roles, and a brief description of any intellectual property. Product/Technology Brief description of the technology/product, the application and problem it solves, and the products competitive advantage. Commercialization Potential and Business Model Short explanation of the commercialization potential, its target market and how the product is to be sold or distributed to its end user/customer Specific Goals/Outcomes Briefly describe the development goals of the invention being proposed and why you believe Catalyst funding will enable your team to continue commercializing this technology. Project Budget Summary Provide 1-2 sentences on the amount being requested and what the proceeds will be used for.Technical Merit Overview (2 pages maximum)This section should include the following information: A description of how the opportunity was identified. The current state of the invention, including any relevant results from lab and/or customer testing. An overview of what problem the technology solves. A description of how the specific product/technology addresses the problem vs. current solutions/ competitive products. A succinct description of the technologys value proposition and competitive advantage.Note: Candidates are encouraged to provide illustrative diagrams or figures that will help further explain the technology.Commercialization Potential & Ideas (2 pages maximum):This section should include the following information: Potential commercial uses of the technology in:o Years 1-2: What is the first market application? What is the size of the market and its growth trajectory? Assess the market attractiveness (barriers to entry, competitiveness of the market, rate of adoption of new technologies, etc.)o Years 2 5: Describe future market application(s). What are the sizes of the market(s) and their growth trajectories? Assess the markets attractiveness (barriers to entry, competitiveness of the market, rate of adoption of new technologies, etc.) SWOT (Strengths-Weaknesses-Opportunities-Threats) analysis displayed as a chart. The proposed business model of the company (i.e., will the product be licensed or sold directly to the end consumer?) o If the business model of the company will change over time (i.e. from a licensing to manufacturing model), provide a description of this progression.Project Plan (2 pages maximum):This information should include the following information: A detailed description of what milestones are to be achieved during the 12-month Catalyst award period, and what milestones will be achieved with Catalyst funding. Use the following table as a guide:Date of Milestone #1Responsible PersonTitle of Milestone #1 Describe how meeting this milestone will move your technology towards your commercialization goals. Reference any key literature, including existing work, or background information from the web, listing URLs.Date of Milestone #2Responsible PersonTitle of Milestone #2 Describe how meeting this milestone will move your technology towards your commercialization goals. Reference any key literature, including existing work, or background information from the web, listing URLs.Please copy format for the number of milestones you have in your proposed project. A description of how the Catalyst award directly supports the applicant commercializing the technology and securing a follow-on round of funding. A long-term “product development roadmap” that reaches beyond completion of the award work, assuming the above milestones can be completed using Catalyst funding. A projection of what funding will be required to bring the product to commercialization once the Catalyst funded work has been completed and what the source of that funding is expected to be. While the funding note should be stated as an order of magnitude, if a major go/no go milestone will occur following the Catalyst Award information that should be included as well. Project Budget Summary:Note: If your research institution requires overhead it needs to be included in this budget. Verify cost of overhead with the institution, as many institutions have waived overhead for this award in the past. For personnel costs please remember to include all benefit and fringe expenses. The total cost should equal $40,000 or less.CategoryCostSalaries & Benefits (include breakdown for personnel)Fees for Graduate Students External Advisors, Consultants and Services Supplies Equipment (justification of new equipment to be purchased will be required) Other (including travel, justification for travel will be required) TOTAL$ 0.00After filling out the above table, right click the “Total Cost” box and select “update field” to refresh the value.Travel and/or Equipment Justification (if requested in budget summary):Information on Team Members (1 page max):Provide a brief description of the engineering development, manufacturing and business development team members and their relationship to each other. Also provide any achievements (i.e. awards, publications, etc.) that are relevant to developing the product/ technology.RoleNameInstitute or CompanyEmail Address% of timeProduct/Technology Commercialization experienceApplicantCo-applicantAdvisor, consultant, researcher, student, technical staff, etc.To be named additionsOtherYou may provide 1-page resumes for each team member in the Appendix, if the space above is insufficient. Intellectual Property:Please give us details of the actions taken by your host institution technology transfer office or your company to protect the technology. For example, has a provisional application for patent been filed? In what global geographies was the filing made? What core aspects of the technology are protectable? What additional IP development will be required to secure the company position? Statement of Compliance:We, the Applicants of this proposal, agree to comply with all reporting requirements, including the submission of progress reports on funded research activities, reports on related patent and licensing activities, and reports on commercialization activities. We understand that this will include presentation of research results delivered by individuals involved in these projects at meetings organized by the MassCEC and MTTC.If from a research institution: we, the Applicants, underst

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