BII Proof of Concept (PoC) Program
BII Proof of Concept (PoC) Program
BioInnovation Institute (BII) promotes collaborative, interdisciplinary, research-based innovation within the Life Sciences, and helps build viable start-up companies with the necessary skills to ensure such innovations become widely available for the benefit of human welfare and society.
The BII Proof of Concept (PoC) Program allows the establishment of preliminary proof of concept of ideas/technologies in early-stage Life Science research projects in Denmark. The objective of the grant is to stimulate projects with a clear commercial focus to translate new discoveries into solutions that benefit human welfare and society.
AREAS OF SUPPORT
The PoC program seeks to support Life Science ideas/technologies that may lead to the development of new products and/or applications with a clear commercial potential within biomedicine, medtech or industrial biotechnology.
- Applicants for the PoC Program must have obtained a master’s degree in the field of life science research or an equivalent qualification at the time of application.
- The applicants can be faculty members, researchers or employees based at universities, hospitals or other research institutes in Denmark. Associated with the application a housing agreement covering the grant period must be submitted from the host institution.
- An applicant may submit only one application per call.
- A research group may submit only one application for activities related to the same project per call.
- Only a single PoC or Novo Nordisk Foundation (NNF) Exploratory Pre-seed grant is permitted for activities related to the same project.
- It is not possible to hold more than one active PoC or NNF Exploratory Pre-seed grant at the same time. Researchers with an active grant may be able to apply for a new one, however, a new grant cannot be activated until the existing grant has been completed.
- If an applicant submits the same (or a very similar) application in two consecutive application rounds without being granted funding, the applicant will be quarantined from applying for PoC grants for the next round, except if clear project progress can be justified or the project is of a very different character and focus. Change of indication is not considered sufficient.
It is important that applicants carefully read “Information and Guidelines for Applicants”, before initiating the application process, as this document contains the complete call as well as detailed instructions for the application process.
Funding is available for a maximum of DKK 1 million over a period of maximum 12 months.
The PoC grant is limited to cover expenses for activities such as:
- Salary for staff (not for applicant)
- Research activities, e.g. consumables, testing and experiments that strengthen the commercial potential of the project idea/invention, CRO activities, use of university core facilities
- Development and test of MVP or prototypes
- Costs related to the commercialization process, e.g. legal counsel on intellectual property (except expenses covered by TTO) and market analysis
Funding cannot be used for:
- Overhead (e.g. rent, electricity, water, maintenance, etc.)
- Applicant’s own salary
- Conferences and travel
- Apparatus and larger devices
The application should be completed and submitted using the electronic application system, which can be accessed from this link: https://norma.novonordiskfonden.dk
The PoC Program application requires a max. of 5,000 characters and an optional supplementary slide-deck of max. 4 slides (on top of the 4 illustrations). The application must cover, but is not limited to the following areas:
• Overview of research team and its competencies
• Description of current scientific results and data comprising the foundation for the proposed project
• Description of the PoC activities, including scientific and commercial aspects (as applicable)
• Project plan, including an overview of scientific and commercial (as applicable) milestones
• Value creation and expected impact
• Clarification of current IPR status including ownership and licensing agreements
• Short vision on how to bridge the PoC further into commercialization, including a description of the final product or solution, its application(s) and the market need
Please also upload short CVs (max 2 pages) for all research team members, a hosting letter from the applicant’s institution, and quotes for project work, if relevant in the proposed project.
In addition to the application, we ask for a budget submission in the system.
The BioInnovation Institute’s PoC selection committee will evaluate the applications and base their assessment and recommendation on the following criteria:
- Significance and originality of the idea
- The suggested approach for further development
- Commercial potential
- The qualifications of the applying project team and their commitment and ability to further progress the project
- The IPR and legal situation for the research findings behind the project
The BII Board of Directors makes the final decision based on the recommendations from the committee.
The call for the BII PoC Program follows the schedule below:
Call opens: October 28, 2019
Call closes: March 12, 2020, 2 pm
Notification: June 2020
Start date: July 2020