Development Gap Fund

1
Development Gap Fund Lorraine Anderson Development
Gap Manager
2
Structure of the Presentation

• Basis Development Gap Fund
• Applying to Development Gap Fund

3
Drug/Technology Development Pipeline
Grant Funding

• Pre-seed Funding
• Founders
• Parent institutions
• Government
• Business Angels

4
Drug/Technology Development Pipeline

• Funding Gap
• Applied research
• Technical financial risk
• Low value IP

5
MRCT Response to the Development Gap

• Development Gap Fund
• Funding Unit-based COMMERCIALLY relevant research

6
Development Gap Fund

• Initiative proposed managed by MRCT
• 4.5 million over 3 years
• Open only to MRC scientists
• Provides financial support into MRC Units
• Targets projects with COMMERCIAL potential
• Applications assessed on
• COMMERCIAL criteria
• added value

7
Development Gap Fund
Measures Added Value Include

• Proof of concept
• Patent filing
• Patent exemplification
• Licensing
• Company interest/uptake
• Company spin out

8
DGF Application Procedure

• Applications via MRCT Technology Transfer
  Managers (TTM)
• Optional 2 Stage Application Process

• STAGE 1
• Initial informal discussion with TTM Primer
• Subsequent discussion Primer with DGF Panel
• STAGE 2
• Formal submission of application form to MRCT

9
DGF Application Form
10
Development Gap Fund

• What costs are permissible?
• salaries
• consumables
• What costs are not permissible?
• OHs
• equipment
• travel

11
Development Gap Fund Panel

• Consists of CEO/Directors/Deputy Directors MRCT
  divisions
• Panel makes funding decisions
• Meet regularly
• Receive applications in advance of meetings
• Prompt decision on applications

12
Award Letter

• Terms Conditions of Award
• IP Commercial Exploitation
• MRC own take the lead in the exploitation IP
• MRCT will negotiate terms for assignment off
  rights with employers non-MRC staff
• Project Management Team
• Responsible for regular project reviews, reports
  closure
• Funding
• Final payment issued on receipt appropriate
  reports

13
Interested in Applying to DGF?
TTM firstname.lastname_at_tech.mrc.ac.uk
OR
Enquiries to Lorraine Anderson, DG
Manager lorraine.anderson_at_tech.mrc.ac.uk