Project Award Program Solicitation Q

1

WHO WE ARE
MTCs John Adams Innovation Institute seeks to

• Grow and strengthen clusters, region by region,
  sector by sector, improving the competitiveness
  of industries and institutions.
• Support job creation and retention by the
  knowledge-based companies of the Massachusetts
  Innovation Economy, improving conditions that
  enable economic growth.
• Provide accurate and reliable information, data
  and analysis to promote understandings and inform
  policymakers.

Project Award Program SolicitationQA Session -
April 27, 2007
2
WHAT WE DO
The core competencies of the John Adams
Innovation Institute include

• Serve as convener key strategic broker
• Manage high-value projects on behalf of state
  stakeholders
• Make strategic investments
• Provide critical information services

Project Award Program SolicitationQA Session -
April 27, 2007
3
HOW WE DO IT

• Our tools for strategic investment include state
  funds that we manage

• University Match Fund leveraged investments to
  help universities and academic research centers
  win competitive federal research awards.

-- To date, it has assisted in winning more than
35 million in federal research funds, achieving
better than a four-to-one ROI.

• Innovation Institute Fund targeted investments
  to spur new engines of economic growth,
  leveraging public and private resources

-- Regional Priority Award Program, solicitation
issued in February 2005, 26 awards to date --
Project Award Program, solicitation issued in
April 2007
Project Award Program SolicitationQA Session -
April 27, 2007
4
Innovation Institute FundProject Award Program
Goals

• Intermediate-scale projects 250k 500k
• Growing and strengthening industry clusters
• Identify and address unmet needs
• Economic impacts, outcomes
• Measurable job growth
• New business formation
• Increased economic activity
• Collaborations between companies

Project Award Program SolicitationQA Session -
April 27, 2007
5
Innovation Institute FundProject Award
Program Criteria

• Identification and documentation of emerging
  market opportunities and/or barriers to cluster
  or regional growth
• Project rationale, scope, and projected
  outcomes
• Potential for broad regional/statewide impact
• Generation of public and/or private leveraged
  funds
• Probability of success
• Sustainability
• (Refer to solicitation section 2.2.3)

Project Award Program SolicitationQA Session -
April 27, 2007
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Innovation Institute FundProject Award Program
Eligibility

• Not Eligible
• For-profit Businesses

• Eligible
• Governmental Orgs
• Municipal, state agencies
• Economic development agencies
• Non-profit Orgs
• Educational institutions
• Private research institutions
• Industry/Trade Associations

Project Award Program SolicitationQA Session -
April 27, 2007
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Innovation Institute FundProject Award Program
Timeline For Round One

• June 1st Round 1 Application Due
• Submission reviewed for eligibility sufficiency
• Application Review Internal, External
• Award Decision by Governing Board
• July Notification of Award/Rejection
• October 15th Round 2 Applications Due

Project Award Program SolicitationQA Session -
April 27, 2007
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Innovation Institute FundProject Award Program
Further Information

• Web Site John Adams Innovation Institute home
  http//www.masstech.org/institute
• Innovation Institute Fund home
  http//www.masstech.org/institute/grant/regional.h
  tm
• CONTACT
• Christopher Scranton
• 508-870-0312 x1276, scranton_at_masstech.org

Project Award Program SolicitationQA Session -
April 27, 2007