Proof of Concept

The Proof of Concept initiative supports feasibility studies that test an idea to mitigate the risk of further research investments. They are short-term and narrowly focused projects, typically 3 – 12 months in duration. These projects are collaborative in nature, involving industry partner(s) and Ontario universities, colleges or research hospitals. OCE's investment is determined by the support and commitment from the partners but is generally less than $25,000.

Eligibility

Successful Proof of Concept proposals will have the following elements:

• The goal of the initiative should be to assess and reduce the risk of a more comprehensive research and development investment.
• May include more fundamental (enabling) research.
• Intellectual Property arising from the project is to be managed through the University/College/Hospital and Research Collaboration Agreements entered into with OCE.
• Talent development and training opportunities for students are expected within the project.
• Industry partner(s) make a cash and/or in-kind contribution to the project that matches or exceeds that of OCE. The ratio of cash to in-kind will depend on the participating firms and the project objectives.
• Demonstrated potential benefit to the Ontario economy.

Application Process

Applicants should contact an OCE representative to discuss their proposal and obtain the relevant forms. Proposals are subject to external peer review.

Find Out More

For more information on this initiative and application process, applicants should contact a member of the Business Development team working in their sector.