Proof of Concept Centers

Before early-stage entrepreneurs at universities can go to market, they must literally "prove the concepts" of their innovations. Proof of Concept Centers are a new model of support at some universities that provide seed funding and expert assistance to help entrepreneurs prepare for the strongest market entry possible.

Initiatives

  • Getting new treatments and cures to patients more quickly is the goal of a unique life science proof-of-concept model that draws support from higher education, philanthropy and industry experts to move medical innovations from the lab to the market.

  • Before early-stage entrepreneurs at universities can go to market, they must literally “prove the concepts” of their innovations.

Highlights

  • A Kauffman Foundation study demonstrates the critical role universities play not only in fostering innovation and entrepreneurial growth, but in stimulating the much-needed recovery in regional and global economies.

  • Proof of Concept Centers

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    Proof of Concept Centers offer universities the perfect opportunity to link research and education to the marketplace, says Lesa Mitchell, vice president of Advancing Innovation in this video.

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