This program helps bridge the gap between University innovations and the marketplace by funding development that will demonstrate an innovation's market viability to potential investors and partners.
I-POC projects consist of a defined set of milestones that, when completed, help overcome a specific hurdle to an innovation's transfer outside of the University.
The Institute for Genomic Biology, with support from the Office of the Vice Chancellor for Research (OVCR), is pleased to announce a call for proposals for Proof of Concept (POC) funding. The IGB POC initiative aims to foster downstream capitalization of research and enable innovative technologies to reach important milestones which may accelerate their translation into licensable products and services.
The Institute for Genomic Biology (IGB) and the Office of the Vice President for Research (OVPR) at the University of Illinois have launched a Proof of Concept Award Program to support commercialization of high-potential, early-stage technologies from the IGB. Two researchers have been selected to receive the first round of awards to help bridge the gap between the laboratory and commercial use.