TOP-UP FUNDING FOR 55 ERC GRANTEES TO EXPLOIT RESEARCH RESULTS (AND UPCOMING DEADLINE)
Fifty-five ERC grantees funded by the European Research Council (ERC) have won Proof of Concept Grants to explore the commercial or societal potential of their frontier research projects. Worth €150 000 each, this top-up funding is part of the EU's research and innovation programme, Horizon Europe.
The selected projects cover a variety of different fields and questions, such as a more efficient method to produce the cells used in immunotherapies to fight cancer; new technologies to lower our energy consumption; and a quicker way for companies to change ingredients of everyday consumer products to make them more environmentally friendly.
Out of 96 evaluated proposals, 55 projects were selected for funding. The new grants were awarded to researchers working in 16 countries: the Netherlands (10), UK (7), Italy (6), Germany (5), Israel (5), Spain (4), France (4), Austria (3), Czech Republic (2), Finland (2), Portugal (2), Belgium (1), Turkey (1), Sweden (1), Romania (1), Norway (1).
The Proof of Concept (PoC) grant competition is open only to ERC grantees. They can apply for top-up funding for their existing or recently completed research projects. The 2022 Work Programme included two PoC grant competitions, the winners of the first call were already announced. Today’s announcement concerns the first of three rounds of the second call. The overall budget for PoCs in 2022 is €50 million.
In total, around 1530 PoC projects have so far received funding since 2011. With the additional money, ERC grantees can, for example, verify the practical viability of scientific concepts, explore business opportunities, or prepare patent applications. According to a recent survey, more than half of the researchers awarded PoC grants have either created companies or transferred the results of their research to pre-existing companies.
How to apply for the next funding round?
ERC grantees can still apply for PoC funding in the third round of the call in 2022. The next deadline is on 29 September 2022.