Advantage Proof of Concept Fund

The Advantage Proof of Concept Grant Fund is backed by Advantage West Midlands and the European Regional Development Fund and is designed to support innovation and product development in the West Midlands. It provides grants of up to £30k representing up to 75% of total project costs to move proof of concept ventures toward commercial viability.

UWSP manages the Fund on behalf of AWM alongside partners Connect Midlands, Malvern Hills Science Park, University of Wolverhampton Competitiveness Centre and Staffordshire BIC.

The Fund opened in October 2008 and will be accepting applications throughout 2009.