Over the last three months we have been developing business cases that explore four ideas from IP3. The aim was to investigate the potential market for the output of the projects should they go ahead, the resources required to deliver them, and to flesh out the specific outputs that the project would aim to deliver.
Four ideas went through the process, and at a portfolio review meeting earlier this week two of them were selected to go forward for fundraising. When sufficient funds have been raised to get them started they will become our newest portfolio projects. Anyone interested in supporting the financing of these projects should get in touch with John Wise or Carmen Nitsche by emailing email@example.com.
The business cases developed were:
- Chemical Safety Library (going forward for fundraising)
- Ontology Equivalence Mapping (going forward for fundraising)
- Social Media Pharmacovigilance (unsuccessful, on hold)
- Bio-sample Marketplace (unsuccessful, on hold)
Value analyses of the successful projects are currently underway and will be added to the business case documents when ready. The business case documents can all be accessed via the project pages in IP3 and clicking the links above will take you to the appropriate page. IP3 logins are required to view the documents. If you don’t already have one then it is free to sign up.
The two unsuccessful ideas will not disappear completely. Instead, we will spend some time later this year to check if it has since become feasible to take them forward, and in the meantime we will continue to discuss and socialise the concepts to see if new possibilities come to light.
We will also shortly be embarking upon a Map of Alliances project which we are currently seeking to fund. The link goes to IP3 where ideas are being gathered until the project has been funded and has established its own webpage.
Next business case
We are about to commission an additional business case for the Standardised Data Warehouse idea (link goes to the project page in IP3). Comments and submissions are welcome via the IP3 page for this idea. The business case will be delivered in March/April.