April 4, 2025

Deliverable 3.2 – Toolbox, incl. Team structure, and checklist for Viability Assessment

One of the main outcomes of the DIAMONDS4IF project will be the production of at least five sound proposals, including detailed plans for scalability, commercialization, and financial models for submission to the IF.
Work Package 3 (WP3) focuses on the preparatory efforts for the organisational preparation of Innovation Fund projects, with the aim of creating effective team structures and tools to address key evaluation criteria, supporting both identified use cases and new project ideas for Innovation Fund applications.

Purpose of This Document

This deliverable aims to report on the support tools for the capacity and viability assessment, incl. gap analysis with anonymised examples.

In the first chapter, the focus is on organizational capacity to manage an Innovation Fund project (capacity check).

The second chapter presents a way how to assess a project’s fit with eligibility and award criteria of the Innovation Fund, i.e. a viability check of the project. A structured approach is used, incl. tools for breaking down preliminary data and evaluating existing information, as well as to identify missing information (gap analysis).

Finally, in the third chapter, we illustrate how these tools have been applied and lead to evaluation results, that show viability of projects, improvement potential and gaps.

At the DIAMONDS4IF project website, the toolbox is online available. This document provides insight into the purpose and content of the tools.