|Collaboration duration||9 months||18-24 months|
|Project duration||7 months||18-24 months|
|Who develops the AI Minimal Viable Model (MVM)?||
AISG engineering team:
|Principle Investigator (PI) and team from A*STAR, NUS, NTU, SMU, SIT, SUSS or SUTD|
Who owns the IP?
*Regardless of IP arrangements, any foreground IP resulting from the 100E will be retained for research purposes.
|Solely owned by Project Sponsor||
At 30% cash contribution, IP is jointly owned (Tenants in Common) between Project Sponsor and the research institution where PI is from.
At 50% cash contribution, IP is solely owned by Project Sponsor.
|AISG Grant||S$180,000.00 (includes IRC)||S$250,000.00 (includes IRC)|
|Cash & In-Kind Contributions by the Project Sponsor
S$69,336.00 (includes IRC & GST)
Cash comprising of:
Minimum 30%: S$75,000.00
IRC: stated by research institution
GST: 7% or prevailing rate
|Which party receives the AISG grant and the cash contribution?
Assemble the AI engineering team
Hire research and engineering team
IRC: Indirect Research Costs