The UIC Chancellor's Innovation Fund is pleased to announce the launch of the Proof of Concept (POC) Awards Program focused on helping advance UIC inventions towards commercialization. The POC Awards Program, through funding committed by the Chancellor to the UIC Chancellor’s Innovation Fund, is expected to include $1,000,000 per year for the next five years for competitive grants that will help reduce the technical or commercial risks related to UIC inventions and improve the chances for successful commercialization. The POC Awards Program is administered by IllinoisVENTURES in partnership with the UIC Office of Technology Management and the UIC Office of the Vice Chancellor for Research.
To read the original article: UIC Chancellor's Innovation Fund Proof of Concept Award Program | Office of Technology Management, Chicago
