Applicants sought for as much as $200K in funding for proof-of-concept research

The QED Proof-of-Concept program of The University City Science Center provides as much as $200,000 along with valuable mentoring services from a team of experts to move a technology to the next phase. The QED Proof of Concept program is now accepting applications for 2014, and Penn State faculty are encouraged to apply.

The QED Program is a multi-institutional proof-of-concept program that provides business development support for academic researchers developing early stage life science technologies with commercial potential. The goal of the program is to reduce the risk for early stage companies and make them attractive to investors and established life science companies. Individuals or teams with a life science or health care technology with market attractiveness and translational potential that can be clarified by 12 months of research and development support totaling $200,000 are strongly encouraged to apply.

Penn State Hershey first entered the QED Program in spring 2012. Since joining the participating institutions, four Penn State Hershey investigators were named finalists and one received the $200,000 QED Proof-of-Concept Award in the general life science category.

The early submission deadline is June 16. Final white paper submissions are due July 14. Investigators interested in participating in the program should contact the Penn State Hershey Office of Technology Development at 717-531-8496 or technologydevelopment@hmc.psu.edu. Additional information on the white paper submission process can be found at http://sciencecenterqed.org/white-paper.

Last Updated May 21, 2014