Thorough
explanation of the underlying technology, including technical
principles, theories, and unique attributes.
Proposed
product(s) and/or service(s) resulting (or to result)
from the underlying technology; expected competitive
differentiation of such products and/or services.
Synopsis
of customer types for the proposed product and/or service;
scope and size of proposed market(s).
Timelines
for (1) advancing technology to commercialization stage,
with details about steps and milestones to reach such
point; and (2) rolling out products and/or services once
commercialization is reached.
Summary
of technical milestones reached to date, including descriptions
of any tests with potential or actual customers.
Summary
of key technical risks and obstacles that must be overcome;
commentary about approaches to address such issues.
Description
of existing intellectual property and potential intellectual
property; discussion of IP protection strategy and options.
Description
of external funding needed to reach commercialization
and plan(s) for obtaining such funds, including synopses
of grant solicitations (pending or planned), funds awarded
to date, venture funding sought (or obtained), and potential
or existing joint development arrangements with other
firms.
In-depth
biographies for the key technical persons in the company;
references to relevant publications and other credentials
for key technical personnel.
Description
of technical assistance sought from the University of
Maryland, including faculty assistance, student labor,
and specialized labs/facilities.
