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What is a proof of concept grant?

A proof-of-concept (PoC) grant is a competency-based research funding instrument for experimental development in order to test and/or create conditions for the commercialization of research outcomes.

How long is ERC proof of concept?

Size of ERC Proof of Concept Grants: The financial contribution will be awarded as a lump sum of EUR 150 000 for a period of 18 months. The ERC expects that, normally, proof of concept activities should be completed within 12 months.

What is a proof of concept award ERC?

Proof of Concept grants provide support for previous and current ERC grantees who want to explore the commercial or societal potential of their work.

What is the Wallenberg Proof of Concept Grant?

SciLifeLabs and Knut and Alice Wallenberg Foundations program on Proof of Concept grants promote innovations in life science. Ten projects in life science, with the aim to develop an academic discovery towards an innovation and a product, receive Proof of Concept funding in the first call.

What is a proof of concept grant in life science?

The grant gives researchers the opportunity to develop their early-stage discoveries towards validated methods, products or processes and provides the opportunity to carry out activities that validate and accelerate the development of the project and prepare for innovation and commercialization.

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