ERC awards 60 Proof of Concept grants
On 20 December 2018, the European Research Council announced the results of the third round of the 2018 Proof of Concept call. Sixty ERC grant holders will receive top-up funding to explore the commercial or innovation potential of the results of their EU-funded frontier research. The grantees are based in UK (13), Italy and Spain (8), the Netherlands (7), Germany and Israel,(5), France and Switzerland (4), Austria and Belgium (2), Cyprus and Ireland (1). The successful Austrian host institutions are the Institute of Science and Technology Austria (IST Austria) and the Vienna University of Technology (TU Wien). The selected innovative projects cover a variety of topics, ranging from new health therapies to regenerate nerves, to prototyping soft robotic system for industrial handling, to building a charity that will promote welfare and job quality of digital workers.
Proof of Concept grants are worth up to €150,000 each and open to ERC grant holders, can be used, for example, to establish intellectual property rights, investigate business opportunities or conduct technical validation.