Proof-of-Concept Venture Program Call 2018 launched!

Venture Factory is proud to announce that the 2018 call for the Proof of Concept (PoC) Venture program sponsored by the Vertis Venture 3 Tech Transfer Fund  is currently open for projects.

The POC Venture program targets innovation projects with a TRL (Technology Readiness Level) comprised between 3 and 5, directly stemming from Italian Universities and Research Institutes which can be driven, with an investment of up to Euro 50.000 in cash, to a significant Proof-of-Concept towards prototyping and commercialization of their product/service. In order to foster POC development, VV3TT is collaborating with a selection of Corporations which shared their innovation needs. Furthermore, the POC Venture program will sponsor an executive business and management educational program for POC proponents.

After successful completion of the POC project goals, VV3TT might decide to further invest in the NewCo stemming from the project by means of equity investments up to Euro 4M per initiative.

The deadline for Call 2018 of POC Venture program’ applications will be October 28th, 2018.

Instructions how to participate and templates are ready to be downloaded at the following link.