The principal(s) in the new venture
must satisfactorily demonstrate their own personal
commitment to the successful development of their
intended project
There should be a need for access
to facilities offered by Southern Regional College
and/or University of Ulster, though exceptions can
be made if the commercial potential is evident
The proposed product or service
must intend to exploit the technical knowledge as
well as demonstrating innovation and risk in either
the technology’s development or application
The new venture must have the potential
to fulfil the growth requirements in a timescale set
out in a business proposal/plan