Step 3
All projects admitted to SPARK Norway will receive mentorship and guidance. Full SPARKees will also receive milestone-based funding (see Funding above).
All admitted project teams are required to participate in bi-weekly SPARK Norway meetings (Wednesdays 17:00 – 19:00). The meetings alternate between SPARK Norway mentoring sessions where the project teams will present their project status to the SPARK Norway community, and SPARK Norway Educational Forums.
A total of up to six projects will be included in the programme in this round.
Selection criteria
Proposed projects must:
- Work on health-related topics (human or animal health) in the life science domain.
- Based on the project team, stage of project, and development path, have the potential to advance to one of the following with 2 years of SPARK Norway support:
- Start and develop an investable company
- Clinical testing
- Be an attractive licensing option
- Be at a stage where further funding from other sources can be obtained
The projects are reviewed and ranked according to the following selection criteria:
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- Unmet medical need/need in the market
- Novelty/uniqueness of the new solution
- Strength of proof-of-principles
- Market potential and fit
- IP strategy
- Strength and motivation of the team
- Fit with SPARK Norway
Project leaders
The project leader of the application is expected to coordinate the team and participate in all SPARK Norway activities. The project leader does not have to be the most senior member of the team.
For project leaders who are not employed at UiO, a project team member employed at UiO must be named in the application. All funding will be transferred via the UiO department of this project member.
Maturity of ideas
Ideas in all phases, from early to more developed, are eligible, but some preliminary data (proof-of-principle) are required. For ideas that do not have preliminary data, the project leaders are recommended to contact the in-house innovation unit the?UiO Growth House.
The UiO Growth House provides low-threshold innovation services including 1:1 guidance, courses and meeting places and can help further advance the project,?before applying SPARK Norway.
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