HEIF Proof of Concept
The Higher Education Funding Council for England (HEFCE) has provided the College with funds to support knowledge exchange from Institutions to Business (the Higher Education Innovation Funding, HEIF). The College is in receipt of HEIF funding from HEFCE for 2016/2017 and the Vice Provost (Research), Professor Nick Jennings, has allocated £212,000 to a Proof of Concept fund.
Funding is available to support proof of concept projects that aim to further develop the commercial position of an invention or technology. It is expected that individual projects will not exceed £40,000. Funding will be provided at 100% of the directly incurred costs.
Applications are invited from the Imperial researchers who have previously been in receipt of RCUK IAA/ICiC funding for proposals that will support further development of the project such that it addresses a specific barrier that is preventing the attainment of non-RCUK translational funds or will run in parallel to existing non-RCUK translational funds adding value to the overall development of the project.
Proposals must be able to meet the following criteria:
1a) Following RCUK IAA/ICiC funding, projects have subsequently secured specific non-RCUK translational follow-on funding of less than £100k,
1b) Following RCUK IAA/ICiC funding, projects have applied for and been unsuccessful in securing non-RCUK translational follow-on funding, but can demonstrate that the proposal was not supported due to a specific short-coming that might be able to be addressed by funding available within the scheme,
2) Projects can identify a discrete programme of work to be supported that addresses a specific need within the time and financial constraints of the call. It is important that funds are used for developing a defined commercialisation opportunity and not just continuation of general research funding.
Funding is available to support projects that run until July 2017. The closing date for applications is 1700 (GMT) 5th October 2016.
For further information contact Dr Mark Bambury, Research Impact Programme Manager (firstname.lastname@example.org)