Investment in innovation
Available to accelerate and enhance innovation
Proof of Concept
Proof of Concept funding is used to provide:
Projects that are successful in their bid and are awarded funding are expected – if the concept is proved or proved feasible – to take the project forwards; we are not minded to fund projects that will not be taken forwards and developed into DoP projects or closer to market. SynbiCITE will help such projects to find the next stage of funding or will recommend projects for submission to other funding opportunities from SynbiCITE or other funders or investors.
Development of Prototype
Development of Prototype (DoP) funding is intended for longer, larger projects where proof of concept and feasibility has already been demonstrated; it might be that this is taking an existing project to the next stage development of prototype.