A Technical Review Committee, comprising evaluators from PCIEERD and ICASEA, will handle the initial technical and market review. Proposals deemed qualified for possible assistance will be appraised based on the following criteria: market impact (30%), technical feasibility (45%) and project funds allocation (25%). Shortlisted proposals will be submitted to the ICA headquarters in New York for final review.
Research proposals considered having the greatest potential will be provided grants or awarded special recognitions. The proposals selected for ICA support will be announced in October 2011.
Victor Zhou, ICA Regional Director for China and Southeast Asia, said that selected proposals will receive funding support from ICA and other assistance, including introductions to cooperating organizations. Zhou further explained that project achievements shall be solely or jointly owned by ICA and cooperating parties, according to the ratio of ICA investment. “After winning, the executive team of the technical project shall sign a technical cooperation agreement with ICA,” he said.
A workshop was also conducted after the MOU signing on the proposal submission and selection process, and proposal assessment criteria. Shi Jiangao, Director of Laboratory at the East China Sea Fisheries Research Institute, apprised workshop participants how to successfully prepare research proposals for ICA assistance.
