20 Feb To Understand and Map the Funding Scenario in Australia’s Research Labs
FLOW-OF-FUNDS, KEY CRITERIA & MOTIVATION OF FUNDING BODIES, APPLICATION PROCESSES
- Flow-of-funds from various sources to research labs
- Key criteria and motivations of funding bodies towards investing on life sciences research projects
- Study the application process for research grants
- Regional variances with regards to funding, research grants and initiatives
- A global business that delivers breakthroughs in tools for drug discovery and biopharmaceutical manufacturing and the latest in cellular technologies
- Desk research to establish initial baseline of key funding agencies and funding dynamics
- In-depth interviews with research scientists and decision makers to study funding scenario and flows
- 1-day work-out with client’s services and sales teams to derive servicing strategies from the insights
- Mapped the entire chain and investigated the supply-demand-process dynamics
- The application process across the funding bodies differ starkly from one another
- Public vs private funding sources have different criteria, processes and success factors
Helped the client significantly in designing targeted approaches for specific accounts