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The Proof of Concept programme aims to increase the level and quality of commercialisation from within our research base through the provision of funding for early stage development activity. Projects must demonstrate that their ideas have originality, protectable IP and potential for significant economic impact.

Funding for a Proof of Concept project is capped at £112,500 of eligible costs. There are two strands to the funding: a technology strand of up to 18 months duration with maximum assistance of up to £86,500*; and a commercialisation strand of up to 24 months duration with maximum assistance of up to £26,000 which runs concurrently with the technology strand.

The formal funding arrangements for the projects will be between InvestNI and QUB. For this reason, proposals must have the endorsement of the University at the time of submission. A disclosure of any relevant technology or intellectual property that is planned to be used must be submitted on an Innovation Disclosure Form prior to an application being prepared.

Anyone interested in preparing an application is advised to speak to the relevant Commercial Development Manager first. Please contact;

MHLS Faculty  - Alex Chacko   a.chacko@qub.ac.uk  

All other enquires – Jason Wiggins j.wiggins@qub.ac.uk

Timetable

1 Application closing date: TBC
  a)      Submit Full Application
  b)      Submit Summary and QUB Approval Form
  c)      Submit Letter(s) of Support
2 Faculty assessment panels: w/c
3 Submission to InvestNI - TBC
4 Business Model Canvas training: details TBC
5 Outcomes - TBC

Useful Documents and Links

 

Proof of Concept (PoC)