Move Your Invention Forward: $750,000 in Proof of Concept Funds Available for 2014-2015
Campus Notes
Move Your Invention Forward: $750,000 in Proof of Concept Funds Available for 2014-2015
UA investigators with inventions that are beyond eligibility for research support, but are not yet developed enough to attract outside licensees or investment, can benefit from the Tech Launch Arizona Wheelhouse Proof of Concept (POC) Program. TLA Wheelhouse makes the POC program available on a year round basis to qualified technology opportunities.
Through a Proof of Concept award, we work with you to confirm the market need, structure an optimized development plan and fund technology development activities. Proof of Concept activities are those that validate commercialization requirements and make the technology attractive for licensing and/or outside investment.
Sample POC objectives might include: design, construct and evaluate a prototype device; confirm the functionality and commercial value of the invention; verify scalability and efficacy, etc. Projects that are eligible for traditional research funds or those that are ready for external licensing or investment are not eligible for the program.
File by November 1 for best results.
For more information, visit the TLA website or download the informational POC flier.