Selection Process and Criteria for Funding

To be eligible for funding, all proposals must submit through LEAD Institute and approved by the University Management Committee for consideration. The process from idea creation to commercialization is as per Attachment II. All submission must meet the following criteria: 

  • Proposal has good business prospects and commercially viable
  • Proposal has been approved by Management Committee to participate in the incubator program and/or commercialization program
  • Funding is made available to MSU students and Alumni unless approved by Management
  • Project candidate is committed to work on the project on full time basis – from proposal stage to commercialization