The Assessment Panel is responsible for assessing applications. The Assessment Panel will comprise of representatives of NSW Government.
Members of the panel will score each application independently using the Assessment Criteria below.
Track record of business
Timing and Staging
Coordination and Alignment
The assessment panel will score applications using the guide tabled below, with each criterion being assessed on a scale from 0 to 5. This will result in a score of up to a maximum 15.
Projects require a minimum score of 3 out of 5 from each criteria group, to a total minimum of 9 out of 15, to be offered a TechVoucher.
While the Assessment Panel will make recommendations to Investment NSW, and Investment NSW will be guided by those recommendations, any funding decisions will be made by Investment NSW in its sole discretion and are final.
The Assessment Panel will use the table below to assess the quality and suitability of an application.
Meets and exceeds all requirements. Solutions proposed are highly innovative and readily deliverable with no discernable risks.
Fully meets all requirements and exceeds some. Solutions proposed are innovative and deliverable with limited problem solving and risk management.
Meets requirements in all areas. Solutions are innovative and deliverable with some problem solving or risk management clearly evident.
Almost meets requirements, Solutions are novel, or may be genuinely innovative, but substantial development or risk areas need to be resolved.
Minimal compliance with the requirements. Solutions lack innovative quality and/or present substantial risk or deliverability challenges.
Does not meet requirements. Solutions presented do not address the selection criteria in an assessable manner.