ERC funds innovative projects to bring good ideas to market
The European Research Council (ERC) has today announced the first results of its new funding initiative, the Proof of Concept. These 'top up' grants, worth up to €150,000 each, are designed to help ERC-funded blue sky research maximise value. In total, 30 top researchers, already holding ERC grants across Europe, will be given this additional support to bridge the gap between their research and the earliest stage of a marketable innovation. The funding can cover activities related to for instance intellectual property rights, technical validation, market research or investigation of commercial and business opportunities.