THE INNOVATION VOUCHER PROGRAM
Overview
The Innovation Voucher program managed by the Centre of
Innovation Technology (CIT) at the Industrial Research Institute
(IRI), is designed to encourage innovation by offering useful
resources for SMEs, individual researchers and research
institutes, supporting them in creating new products, processes,
services, and to come up with innovative business models.
The voucher system grants researchers with a valid project up to
$6,000 covering some of their costs related to:
Eligibility
The project is addressed to:
ALL PROJECTS SHOULD BE INNOVATIVE, THEY SHOULD RESPOND TO THE
FOLLOWING CRITERIA:
-
New product and/or process development
-
New business model development
-
Projects have to be already researched
-
Proven to be valid
-
Provide a new idea or novel intellectual property in the
area of basic and/or applied science and technology
-
Have an industrial application preferably matching Lebanese
industrial needs
An applicant can apply for more than one project provided they
address different topics and resolve different industrial
applications.
How To Apply
STEP 1: Download the
Abstract Form and send it to the CIT by
email to info@cit-lb.org
STEP 2: Wait for our e-mail reply within 2 weeks from receiving
your abstract as to the eligibility of your abstract.
STEP 3: In case of abstract approval, download the
Application
Form.
STEP 4: Complete the form and present it to our front office at
the address below, within the deadline for receiving the first
wave of applications mentioned on the site. (A non-refundable
fee of Lebanese pounds 150,000 should be paid upon submitting
each application).
STEP5: Within a period of not less than 2 months from the
application deadline, you will be receiving the final reply as
to your voucher award.
Special Information
The voucher per applicant should not exceed $6,000 and an
applicant may not submit more than one project at a time.
The voucher is not transferable and will be paid in cash to the
researchers
