UICP - Assessment Framework

Assessment Framework

The assessment framework comprises 7 components. Their weightings are as follows -

  1. Innovation and Technology Component (20%);

  2. Technical Capability (20%);

  3. Financial Considerations (16%);

  4. Existence of a Holistic Plan to Realisation/Commercialisation (16%);

  5. Relevance with Government Policies or in Overall Interest of the Community (12%);

  6. IP Rights and Benefit Sharing (8%); and

  7. Management Capability (8%)