Invest Growth Proof of Concept Fund
The Invest Growth Proof of Concept Fund is funded by Invest NI and set up as a pre-commercial grant-awarding fund managed by E-Synergy. The Fund enables individuals, start-ups, micro-enterprises and SMEs to establish the commercial potential of a concept resulting from in-house research and ideas. Grants will be awarded with a view to enabling grant beneficiaries to establish the commercial potential of a concept and more fully develop and test their ideas. The £3m fund will run for five years. An important aspect of the scheme is the commercial and entrepreneurial support the recipients receive through E-Synergy. These elements include: business mentoring, IP and copyright protection and advice.
Grants are distributed in two forms:
- Mini Grant – up to £10k
- Standard Grant – up to £40k
Next deadline for standard grant applications is May 27th