POC – Emory Technology Transfer Blog

The OTT POC Fund: A Little Goes a Long Way

Posted onApril 19, 2019September 27, 2023AuthorLinda Kesselring

What’s one of the biggest hurdles to startup success? Finding enough money to start. Seed funding is absolutely critical to getting new technologies on the market. It’s the money that can help give an idea a physical shape, put it on the path to becoming a full-fledged product. The POC fund is a simple idea reflected in its simple acronym: proof of concept. The fund is meant to give Emory inventors enough money to develop their product with as little bureaucratic stalling as possible. By getting funds into the hands of innovators quickly and effectively, and by helping provide follow-up Read More …

From the Director: Navigating Proof of Concept Funding – Part 2

Posted onApril 12, 2016June 8, 2020AuthorLinda Kesselring

In 2014, the Office of Technology Transfer created a proof of concept (POC) fund. This fund was created to address the lack of funding in the “Valley of Death,” between basic scientific research and a demonstrable product. The POC fund is designed to help move technologies closer to the market. See part one of this interview here. How was OTT’s first investment chosen? Are there any other inventions that are in the process of applying for funding? The first investment was chosen because we happened to have a cardiologist that had a great idea for a new device at that Read More …

From the Director: Navigating Proof of Concept Funding – Part 1

Posted onApril 4, 2016June 8, 2020AuthorLinda Kesselring

In 2014, the Office of Technology Transfer created a proof of concept (POC) fund. This fund was created to address the lack of funding in the “Valley of Death,” between basic scientific research and a demonstrable product. The POC fund is designed to help move technologies closer to the market. See part two of this interview here. What is a proof of concept fund? A proof of concept fund, generally speaking, is non-diluted funding that can be used to take an early stage idea and get it to a proof of concept or proof of principle stage. Although this stage Read More …