|Topic:||ERC-2018-PoC: ERC Proof of Concept Grant|
|Publication date:||06 September 2017|
|Types of action:||ERC-POC Proof of Concept Grant|
06 September 2017
|Cut-off dates:||16 January 2018 17:00:00
18 April 2018 17:00:00
11 September 2018 17:00:00
The ERC Proof of Concept Grants aim to maximise the value of the excellent research that the ERC funds, by funding further work (i.e. activities which were not scheduled to be funded by the original ERC frontier research grant) to verify the innovation potential of ideas arising from ERC funded projects.
The objective is to provide funds to enable ERC-funded ideas to be brought to a pre-demonstration stage where potential commercialisation or societal opportunities have been identified.
Innovations can be commercialised through licenses to a new or existing company or through a venture funded start-up, depending on the nature of the invention/idea, its potential markets, and the inventor’s plans for future involvement in the commercialisation. Innovations can also feed into ventures aimed at addressing social and environmental goals including by social entrepreneurs and the voluntary and not-for-profit sectors.