New Idea Submission Form Name* Email* Short title/description of idea* Type New/improved Protocol New/Improved Product Something Else New/Improved ProtocolAbioticDiseaseEquipmentFertilizationGrowth RegulationInsectSoil AmendmentOtherNew/Improved ProductBacteriacideEquipmentFertilizerFungicideGrowth RegulatorInsecticideMiticideSoil AmendmentOtherDetailed description for idea*What is the problem to be resolved? What current solution(s) are being used? What difference will this new idea make in the industry and in our mission here at Rainbow? How will it be used? Optional: Evaluation Criteria, provide answers to the best of your abilityEstimated 3-5 year of life cycle revenue and profit opportunity$100K$0.5 M$1.0 M$1.5 M≥ $2.0 MProtectable - Likelihood for patentNo Chance25%50%75%100%Does it clearly solve a problem (Improvement over existing technology)0%25%50%75%100%Does it fit within our mission/strategy0%25%50%75%100%Time to required to develop product (Years)5+4321-Investment requirement$250 K +$200 K$100 K$50 K$10 K -Likelihood of success/Risk (Percent chance of success)10%25%50%75%100%Competitive Advantages (features, price, etc)NoSlightModerateHighHUGEFile uploadAccepted file types: jpg, png, pdf, doc, docx, xls, xlsx, Max. file size: 50 MB.(file types accepted: jpg,png,pdf,doc,docx,xls,xlsx)Please verify
