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European Research Council supports researchers to explore the commercial potential of their work

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55 grantees of the European Research Council (ERC) have been awarded ERC Proof of Concept Grants to explore the commercial or societal potential of their research findings. Worth €150,000 each, this top-up funding is part of the EU's research and innovation programme, Horizon Europe. The selected projects cover a variety of topics, for example using sound fields to separate blood components as an alternative to centrifuge, and a new type of time-temperature indicators for cold-chain transport of food and pharmaceutical products such as vaccines. The new projects will be carried out in 14 countries across Europe. Since 2011, the ERC has funded some 1,575 Proof of Concept grants. These additional funds help ERC grantees verify the practical viability of scientific concepts, explore business opportunities or prepare patent applications. The overall budget for this type of funding in 2022 is €50 million. More information is available in this ERC press release. 

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