Task 4.6: Business plan design for the JERICO-RI
(M1 – M36) (MI, EuroGOOS)
The Business Plan design will address the issue of what the development process of the JERICO-RI requires to succeed through the different phases of a RI’s lifecycle, i.e. preparatory, construction, operation, upgrade and decommissioning. The business plan will focus on the area of funding approval for the RI though the identification of partners, development of the RI platforms, incorporation of data policies and engagement with the funding community. A credible business plan for the JERICO-RI will be designed to enable the RI to achieve its goals through negotiating and securing the required funds. It will evaluate the timing and agreements of public budget commitments for the RI partners, fully define and cost the project by Identifying a top-level breakdown of cost elements with overall order of magnitude estimates (including for the RI Central Hub, National Nodes and main infrastructure upgrades).
It will also link to task (4.5 Risks) on addressing issues such as the short horizons of operating budgets and their impacts on RI sustainability. The business plan will further develop outputs from the cost benefit analysis carried out in JERICO-NEXT D1.3 and will draw from JERICO-S3 task 9.4 by covering both the investment (CAPEX) and operational expenditure (OPEX) for the RI, and outline of projected income streams. The business plan will be the technical document used as a reference to analyse the required resources needed for the detailed preparatory/implementation phases of JERICO-RI. It will also incorporate an assessment of the potential of the JERICO-RI as an innovation hub. The strategy for business development and confirmation of commitments will be explained and the expected daily functioning of the RI, i.e. its governance structure, HR policy, procurement policy, financial management – focusing on cost control, cost efficiency and transparency will be designed.
Deliverables:
- T4.6-D4.3: Comprehensive Business Plan for JERICO-RI – final deliverable incorporating synthesised element of all the tasks 4.1 – 4.6 (M36)
