Proof Concept · 2021. 1. 13. · Proof of Concept grants will fund external expenditure for: Level of Support: For projects totalling from £5k to £25k the POC grant will cover

Supporting and promoting innovation for SMEs and Universities withinCoventryandWarwickshiretoraiselevelsof innovationthroughProofofConceptactivitiesfornewproductsorprocesses.

ProofofConceptgrantswillfundexternalexpenditurefor:

LevelofSupport:

Forprojectstotallingfrom£5kto£25kthePOCgrantwillcover40%ofyourprojectcosts(£2kto£10k)

MainExclusions:

ThegrantdoesnotcoverinternalstaffcostsorVAT.

• IntellectualProperty(IP)duediligence• Marketresearch/analysis/assessment• Prototypedevelopment• BusinessPlandevelopment• OtherPoC/Feasibilityactivities

TheCoventry&WarwickshireProofofConceptprogrammeispartfinancedbytheEuropeanRegionalDevelopmentFund,andisdeliveredbyCoventryUniversityEnterprisesLtd.

ProofofConcept