Proof of Concept

University proof of concept centers are seeing success from mentoring and collaborating on the commercialization of emerging technology projects. ...

... "Results thus far suggest that the proof of concept center is a good model. By early 2008, the two centers combined had given out nearly $10 million in grants, producing twenty-six spinout companies that raised an additional $159 million in private investment. And the process is useful even when it demonstrates that a research idea will not be viable. " ...

Via The Kauffman Foundation: Proof of Concept Centers