Approval process
Projects that meet the essential criteria will be subject to the following approval process. Project awards will be confirmed within the decision timelines indicated.
To view the assessment criteria please click here.
| Approval Process | Link Fund | Business Partnership | Strategic | Proof of Concept |
|---|---|---|---|---|
| Initial College Review | HoD sign off | RAFT team sign off | RAFT team sign off | HoD sign off |
| College management | N/A | Sign off | Sign off | Sign off |
| Initial RKT Review (1 week) | Meets essential criteria? Amounts under £500 approval by relevant College facing RDM. Amounts over £500 approval by relevant College facing RDM and Commercial Engagement team | Meets essential criteria? | Meets essential criteria? | Meets essential criteria? |
| Industry panel (2 weeks) | N/A | Scoping proposal against weighting criteria, comment on wider possibilities and recommendations on funding | Scoping proposal against weighting criteria, comment on wider possibilities and recommendations on funding | |
| RKT Commercial Panel (as per schedule) | N/A | Decision on awarded projects | Recommendations to RKT Management Group | Decisions on awarded projects |
| RKT Management Group (as per schedule) | N/A | N/A | Decision on awarded projects | N/A |
All applications received and subsequent awards will be reported to the RKT management group.
Resubmission
Proposals for all schemes with the exception of the Link Fund which have been refused funding may be resubmitted with further supporting information to the RKT Management Group to have the proposal reassessed. Resubmissions will be considered at the next scheduled meeting of the RKT management group whose decision will be final.
Contact us
If you have any queries about the Open Innovation platform, please email us via OpenInnovation@exeter.ac.uk or telephone Carrie Rye on 01392 725505.
