University Early Stage Proof of Concept – ADVANCED Fund
The purpose of this RFP is to allocate up to $250,000 (“Award Amount”), disbursed over one year to a Michigan institution of higher education that provides resources and specialized services, with matching funds, to assist university projects in the transition from scientific research to applied research to translational research into the commercial market by analyzing the market application, proving out the concept validation, demonstrating technical feasibility and developing a prototype in the preparation for implementation and testing.
The RFP is designed to provide potential applicants with sufficient information to submit a proposal that meets the MEDC’s minimum requirements, but the minimum requirements contained in this RFP are not intended to limit the proposal’s content or exclude any information the applicant feels is relevant or essential to their proposal.
