A ERC Proof-of-Concept has been Granted to the project PROTECHT which is aimed at exploiting EspLORE research outputs for possible business opportunities.
The European Research Council just awarded top-up funding totalling €9.3 million to 62 ERC grant holders via its Proof of Concept scheme. The grants will help them explore the commercial or societal potential of their ERC-funded discoveries. This latest batch of grants includes the 1000th project to receive Proof of Concept funding since the scheme started in 2011.
Proof of Concept (PoC) grants, worth a maximum of €150,000 each, can be used for example to explore business opportunities, prepare patent applications or verify the practical viability of scientific concepts.
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