Reviewers comment on and score each part of the proposal separately and also provide an overall comment and score. The parts of the proposal are:
- Significance – The problem being solved and commercial potential
- Investigators – The PI and team
- Innovation – What is new or improved about the product?
- Approach – The research design and feasibility
- Environment/Facilities – Where will the work be completed/What equipment is available?
- The following are also considered: Commercial potential (phase I), Commercialization plan (Phase II), Quality of milestones (meaningful and measurable), and Human subjects/Vertebrate animals, Biohazards, etc.
The comments from the 3 reviewers are combined sent the to PI with reviewer comments in a Summary Statement along with the priority score for proposals that are scored. Program staff use the priority score and comments to make a decision on funding, considering also other factors, such as the agency’s mission and the need for balance in that agency’s program.
Commecialization Plans Count: Even for your Phase I proposal, be sure that your company’s business strategy has a high potential for success.