2012 Proof of Concept Initiative Recipients Announced
The Institute for Genomic Biology is happy to announce the award recipients in the 2012 IGB Proof of Concept (POC) Initiative. There is a well-known funding gap between basic laboratory research and the resulting commercial products. Proof of Concept (POC) funding has proven to be a crucial element in bridging this so called “valley of death” between research and development. The goal of POC funding is to “de-risk” an invention such that the technology is more attractive for either (1) licensing to an existing company or (2) enabling the formation for a startup company tha