Forty-five European Research Council (ERC) grantees will bring the results of their frontier research closer to market thanks to Proof of Concept grants. This top-up funding will help them explore the innovation potential of their ERC-funded discoveries. These Proof of Concept grants, worth €150,000 each, can be used for example to establish intellectual property rights, investigate business opportunities or conduct technical validation. The scheme is open to ERC grant holders only.
Source: https://erc.europa.eu/