ERC Proof of Concept funding
The European Research Council (ERC) has launched a new funding initiative – the Proof of Concept Grant – which is designed to stimulate innovation.
Funding of up to 150,000 Euros per grant is being made available to researchers who already hold ERC grants, in order to bridge the gap between their present research and the earliest stages of a marketable innovation.
In supporting research projects at the frontiers of knowledge, the ERC – the newest component of the 7th Research Framework Programme – is already feeding into the EU Innovation Union. This targeted new initiative will capture the maximum value from frontier research by ensuring that good ideas reach the market.
More information is available on the ERC website.
