Disruptive and forward-looking opportunities for competitive and sustainable aquaculture

INvertebrateIT Open Contest – How to apply

Step 1: To receive an Application Form, you should pre-register* for this contest.  Once you have registered, you will be sent the Application Form.
*Please note that if pre-register, you are not bound to bid for the contest.

Step 2: Once you have completed the Application Form, it would be returned to contest@invertebrateitproject.eu. You will receive a receipt of your application within 48 hours. The deadline for applications is 19 January 2018 (23:59 CET).

Procedures

Pre-selection of projects

Based on these evaluation criteria, INvertebrateIT partners will create a shortlist of the ten best projects (evaluated with the highest scores). These ten projects will then be evaluated by an international jury, who will select the three winners.

International jury

INvertebrateIT will engage an independent jury formed by four respected professionals from the investment, aquaculture, research and public policy sectors that will be selected by the consortium members.

Presentations by the candidates to the jury

An online conference will be organised with the shortlisted 10 SMEs who will present their projects followed by a ‘question and answer’ round raised by the jury (end-February-beginning March 2018).

Selection of winners

The remote meeting will enable the jury to jointly deliberate, find consensus more effectively and select the three projects that stand out as most valuable and viable for regional PPPs, discussing the merits and potential impact of each project. The list of shortlisted projects and selected projects, including a short description, will be published on the INvertebrateIT website.

Evaluation Criteria

Section Points (up to)
Relevance (max. 25 points)
Contribution to competitiveness in the EU aquaculture sector 2
Contribution to diversification in the EU aquaculture sector 2
Contribution to cross-sectorial integration of the EU aquaculture sector 1
The proposal follows and contributes to the Joint Vision 4
The proposal is well aligned with the Investment Plan 2
The proposal outlines opportunity in a region of interest (i.e. based in the EU Atlantic basin, and/or led by an SME based in the EU Atlantic basic). 3
The proposal implies collaboration between stakeholders in different EU Atlantic regions and countries 2
The proposal addresses a relevant and clear challenge, gap or opportunity 3
The proposal defines clear objectives and is based on contrasted assumptions 2
The proposal is well developed, including its benefits for business and society, and its presentation is clear for expert and non-expert audiences 2
Target and critical stakeholders are well identified 1
Relevant internal and external factors are considered 1
Strategic and added value 1

Strategic and added value (max. 20 points)

Contribution to Blue Growth; RIS3; and, Circular Economy 2 each
Sustainability 2
Environmental benefits 2
Contribution to inclusiveness and sustainable development in rural; and, Contribution to remote regions 2 each
Potential contribution to industrial leadership 2
Contribution to increased awareness; and, Engagement across society 2 each

Commercial viability (max. 30 points)

Clear and viable Business Plan, including market and value web analysis 5
Quantified assessment of costs, revenue streams and potential impact 4
Quantification and return of necessary investment 3
Definition of an implementation calendar including critical phases and marketing 3
Identification of potential partners, critical collaborators and competition 4
Regional scope of the (above) stakeholder mapping considering other EU Atlantic regions at sea-basin scale 3
Analysis of potential risks and different scenarios, leading to contingency planning 3
Potential impact (max. 20 points)
Economic and geographical scope of expected results 4
Scope for scaling up 4
Scope for transfer and/or uptake by stakeholders in the Blue Growth and Circular Economy sectors 3
Scope for the sustainable exploitation of novel marine resources 3
Scope for trans-regional cooperation and synergies 3
Scope for new jobs, particularly women, youth and people from decaying maritime and rural sectors 3
Key team members (max. 5 points)
Capacity and experience of the main team members 4
Relevance and reliability of critical collaborators 1