Opportunity Cost of Application Effort
Definition
All applications must route through Eligible Organisations like universities, involving extensive documentation and coordination, leading to high sunk costs for lost bids.
Key Findings
- Financial Impact: 20-40 hours per application at AUD $150/hour = AUD $3,000-$6,000 sunk cost per unsuccessful bid[6]
- Frequency: Multiple rounds per year
- Root Cause: Mandatory submission via Research Offices with one-stage/multi-stage processes
Why This Matters
The Pitch: Australian space sector invests 20-40 hours per $500K grant bid wasted on failures. Automation cuts preparation time by 70%.
Affected Stakeholders
Researchers, Grant Coordinators, Academic Supervisors
Deep Analysis (Premium)
Financial Impact
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Current Workarounds
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Methodology & Sources
Data collected via OSINT from regulatory filings, industry audits, and verified case studies.
Related Business Risks
Grant Application Compliance Penalties
Delayed Grant Disbursement
Estimation Method Inaccuracies
Flight Hardware Inventory Chain Overheads
Equipment Idle in Payload Qualification
Inventory Shrinkage in Space Supply Chains
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