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Kansas Department of Commerce·Kansas

Proof of Concept Fund

Rolling / TBD close
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Description

• Program aims to help advance promising technologies from research stage to marketplace readiness • Funding is provided through convertible note agreements • Targets entrepreneurs and companies with advanced, innovative technology seeking to expand • Key objectives: - Further research and development - Spur commercialization - Help entrepreneurs raise expansion funds - Create additional revenue and new jobs in Kansas • Past awards (based on 2022-2023 data): - Typical award amounts range from $12,000 to $25,000 - Open to both for-profit companies and faculty-led projects - Available to both urban and rural applicants - Special consideration for MBE (Minority Business Enterprise) applicants • Eligible locations: Must be based in Kansas • Focus areas include: Technology, healthcare, agriculture, manufacturing, and other innovative sectors

Attached files

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Key dates

Opened
12/6/2024
Closes
Rolling / TBD

Last updated

Details

Industry
Information Technology and Software Development
NAICS
541710

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