Project Admission Criteria
All
-
Innovation Factory Projects
- Eye Tech
- Intelligent Future
- Spinnovation
- MemoryGripper Micro
- Printing3
- A Microfluidic-Based Skin-Like Chip for the Simulation of Interstitial Fluid Extraction
- Chipflow Sensing
- Metal Art Fusion
- OmniX Robotics Competiton Team / OmniX
- Smart Video Interactive Stream
- Smart AI in Online Shopping for Wedding Dress
- LILO
- FunJourney
- Hear Bridge Technologies
- Drone's Delivery
- Cloud Plant Guard
- Medical Digital Intelligence Research Center (MDIRC)
- Pawfect
- Events and Training
- Get in Touch
- News
Innovation Factory Project Admission Criteria for Student Projects
These criteria will aid in the assessment of all the student projects requesting admission to Innovation Factory to access its support and resources related to technology innovation, its research and product development.
Note 1: to better understand the admission criteria, Innovation Factory advise this document to be read in conjunction with the project funding criteria for student projects (Please see Table 2).
Note 2:?refer to the Innovation Factory?website for details on stages of development and understanding of Technology Readiness Levels (TRLs).
This document only applies to Tier 1 and 2 projects, the definition of which are presented in Table 1.
Table 1: Definition of Tier 1 and 2 projects
Funding support of up to ?5,000 for the purpose of i) research and MVP development ii) Non-industry grade components/materials to develop low cost laboratory scale basic prototypes.
Duration: up to 3-6 months (align with?stage 1?development).
Funding support of up to ?15,000 for the purpose of i) MVP development ii) laboratory scale basic prototypes through non-industry grade components/materials.
Duration: between 3–6 months (aligns with?stage 1?development).
Funding support of up to ?50,000 for the purpose of i) Advanced prototyping ii) prototypes demonstrating route to commercialization and/or IP filing iii) prototype building followed by national/international competition participation etc.
Duration: up to 6 months post stage 1/tier 1 & 2 development, and, require formal funding application assessment by the project funding assessment panel.
?
All the admission criteria defined below must be carefully considered before filling out the registration forms. For tier 1 projects, 50% of the criteria defined below should be met in order to be accepted for admission to Innovation Factory. This provides flexible framework for solo/tier 1 student projects who are still exploring the innovation and technology development process.
Note: The project admission criteria is defined in Table 2 for the reference of project team , to consider when filling out the registration form.
Table 2: Innovation Factory project assessment and admission criteria
o?Is the proposed technology/solution clearly stated?
o?Is the proposed output clearly stated?
Note: in case of solo projects the solo project team member should demonstrate necessary technical background to complete the projects on his/her own.
o?Is the project outputs/deliverables and schedule for 6 months defined? Note: The student(s) should be aiming to deliver a basic prototype/MVP that aligns with stage 1 of Innovation Factory project development with basic functions/subset of functions?
o?Is the long-term plan, i.e. 12 months schedule listed or planned?
o?Does the project have a potential to create a commercially viable product that can be marketed?
The Director of Innovation Factory and the Director of X3Co-Venture, along with Ops team member and technical team member will carry out the evaluation and initial assessment of the project based on the established criteria. The evaluation process will be used as a guideline at project’s first assessment meeting and the outcome will be conveyed/feedback provided officially by email (details given below).
The outcome of the assessment meeting will be officially communicated by email.
If the project fails to meet the required admission criteria, feedback will be provided during the project assessment meeting and students will be encouraged to resubmit the project’s pitch deck after necessary revisions within 30 days of the feedback.
If the project does not meet the criteria upon resubmission, the project team has to wait for further 2 months before they become eligible to reapply. An appeal can be submitted against the decision with clear evidence of how the criteria can be met.
The student(s) can submit an appeal with clear evidence of how they have addressed the deficiency highlighted in their project to meet 50% assessment criteria. Appeals can be submitted within 30 days from the final decision date.
Each of the projects admitted to Innovation Factory will go through a rigorous Health & Safety (H&S) process developed and implemented by Laboratory and Technical Management Office (LTMO) under the university guidelines. Each of the project teams who will be using the lab and equipment will have to go through:
The process will be administered and implemented by related LTMO team with support from relevant parties, e.g. Innovation Factory.
The project admission criteria will be reviewed every 6-8 months in the first 2 years and then annually to make appropriate adjustments.
Note: Innovation Factory reserves the right to change the project criteria anytime during the course of academic year, which will be effective immediately.