Proof of Principle : Phase II
Application Deadline: February 17, 2015
The Proof of Principle (POP) Phase II program provides funding for proof of principle research projects up to 12 months in duration at the co-investment stage undertaking follow-on proof of principle activities in partnership with a non-academic investor. This funding opportunity is aimed at providing a platform to better enable the academic institution/researcher to move the discovery/invention further down the innovation pipeline. Research projects across all four pillars of CIHR are eligible for this program. Note that the end product is not required to generate revenue, but there must be a demonstrated market and opportunity for your product.
In order for a research project to be appropriate for POP Phase II, the research should be at the stage where:
o the principle of the intellectual property (IP) has already been proven;
o the applicants have acquired interest from partners willing to invest in the new technology.
o The proposal should be for further confirmatory testing of the IP. Applications focused solely on prototype construction will not be considered. It is not a prerequisite to have Phase I funding in order to apply to Phase II.
Funds available – $600,000 for approximately 2 grants
Maximum amount per award – $300,000
Grant duration – One year
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