VV3TT Proof-of-Concept Program Call 2020 launched!

Venture Factory is proud to announce that the 2020 Call for the VV3TT Proof of Concept (PoC) program sponsored by the Vertis Venture 3 Tech Transfer Fund  is currently open for projects.

The VV3TT POC program targets Deep Tech 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 gross investment of up to Euro 70.000 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 international corporations which shared their innovation needs. The selected POC teams will be driven through an innovative industrial bootstrap program – Tech2Biz – together with  Lean Experience Factory and Scuola Italiana di DesignFurthermore, the VV3TT POC Program will grant to the selected VV3TT POC proponents a prestigeous AMBA-accredited executive MBA part-time (EMBAIN), co-designed with and  driven by MIB Trieste School of Management and The European House – Ambrosetti.

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 2020 of VV3TT POC Venture program’ applications will be January 15th, 2020.

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