160 researchers receive ERC Proof of Concept grants
The European Research Council (ERC) has announced the winners of the three rounds of the latest (2017) competition for Proof of Concept grants today. 160 researchers (none from Austria) were selected from a total of 532 applicants to receive the ERC's top-up funding, worth up to €150,000 per project, to help investigate business opportunities, establish intellectual property rights or conduct technical validation for their frontier research findings. The funding enables researchers to explore the innovation potential of their scientific discoveries and bring the results of their frontier research closer to market. The overall budget of the 2017 competition was €24 million.
A number of examples of projects are shown on the ERC's website, including, for instance, the development of new antibiotics that target drug-resistant bacteria, the production of graphene sheets to protect works of art, or the production of thermal-regulating paints that could reduce energy consumption of buildings.
The Proof of Concept grant scheme is open only to ERC grant holders. Grantees can apply for funding in one of the three rounds of the yearly call.
The detailed results of the three 2017 rounds are available on the ERC website.