Proof of Concept program

Application deadline extended to 16th November 2018

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WHAT IS IT?

The POC PROGRAM is developed by VV3TT
a €40m VC fund backed by the ITAtech platform

It was developed to help the most talented members of top italian universities/research institutes in developing their cutting edge ideas, bridging the crucial phase between basis research and market-ready innovations.

* The VV3T’s investments in the POC projects are supported by InnovFin Equity, with the financial backing of the European Union under Horizon 2020 Financial Instruments and the European Fund for Strategic Investments (“EFSI”) set up under the investment Plan for Europe. The purpose of EFSI is to help support financing and implementing productive investments in the European Union and to ensure increased access to financing.

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TO JOIN THE PROGRAM
YOU HAVE TO…

  • Be a researcher from Universities/Research Institutes which are partners of VERTIS and Venture Factory
  • Be highly motivated, skilled and focused
  • Have found out a new, distinctive and potentially disruptive technology

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WHAT ARE WE
LOOKING FOR?

Technologies with a clear potential to change the business of our industrial corporate partners

 

Projects should be related to Industry 4.0 and Med Tech initiatives, leveraging the digital transformation of products, processes, services and healthcare

 

Have a Technology Readiness Level (TRL) between 3 and 5

Some interesting areas of intervention:

ICT, Robotics,
Manufacturing 4.0,
Mechatronics, Smart Health,
Aerospace, Energy,
Advanced Materials,
Cybersecurity and Artificial Intelligence,
IOT, Big Data

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WHAT WILL YOU
GET IF SELECTED?

  • Receive mentorship and support by Venture Factory and Program Partners
  • Join Lean Experience Factory ecosystem (the digital model factory and test facility created by McKinsey and Unindustria Pordenone), where your technologies will be evaluated and customer use cases developed
  • Attend a globally accredited Executive MBA, specifically designed by MIB Trieste School of Management
€ 50.000

€ 50.000

in cash
€ 25.000

€ 25.000

in the form of a
full scholarship
€ 4M

€ 4M

up to

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PHASES

Scouting

 

Application deadline 16th November 2018

Selection

 

23th November 2018 

First Screening Results

 

From 26th November to 14th December 2018

Second Screening phase (face to face meeting in Milan)

 

19th December 2018

Final results

Investment

 

€50k in cash

by VV3TT to cover all costs associated with PoC development (consumables, equipments, people).

Duration: 12 months

 

€25k FULL scholarship sponsorship

by VV3TT for PoC project leader to join the EMBA program, organized in collaboration with MIB Trieste School of Management.

Duration: 17 weekends in 18 monhts

 

Fast growing project are eligible for follow-on investments by VV3TT up to €4M

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OPPORTUNITIES

  • Enter a strong network of corporate players, where your ideas will become successful companies
  • Upgrade your entrepreneurial and managerial skills and become a leader of high tech startups
  • Have the opportunity to receive up to €4M of further investments

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PARTNERS

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PROPOSAL SUBMISSION