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Illinois IGB


2012 Proof of Concept Initiative Recipients Announced

October 20, 2012

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 that will raise mo

October 20, 2012

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