Commercialisation of IP from first concept to a successful outcome requires significant resource and time. The previous IAA supported three spin-out companies through the development process, as well as helping bring new projects into the commercial pipeline that will be further developed during the current IAA period. Funding is available to support proof-of-concept activities, with a strong focus on engaging external partners in the development process, and ensuring that York's patent portfolio is translated into activity with partner organisations.
To progress initial concepts for EPSRC-backed IP through to commercial viability by funding activity needed for commercial de-risking, such as:
• exemplification of patent concept
• patent landscaping
• prototype development
• market assessment
• scale up trials
• validation in real-world application.
To achieve a commercial outcome (investment, licence deal or contract research agreement) or substantial next-stage funded translational project.
The current call is open until 15 May 2020 unless funds are allocated before then. Call guidance and application form are below.
EPSRC Impact Acceleration Account (IAA) Proof of Concept application form (MS Word , 39kb)
EPSRC Impact Acceleration Account (IAA) Proof of Concept funding guidance (PDF , 142kb)