How do funding decisions incorporate technology readiness levels?
Funding decisions often use technology readiness levels (TRLs) to assess the maturity of a technology before investment.
What are the different technology readiness levels?
TRLs range from 1 (basic principles observed) to 9 (actual system proven in operational environment).
How can I evaluate the TRL of my project?
You can evaluate TRL by assessing your project's development stage, testing results, and operational performance.
What impact does TRL have on funding opportunities?
Higher TRLs typically attract more funding as they indicate lower risk and higher likelihood of successful implementation.
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