The advanceMNT program funds prototype development projects that reduce research outcomes to practice and drive ideas to the market. Prototypes are expected to be an advance in the state of the art, moving towards a commercial opportunity and enhancing the skills and experience of the project team.
As the gap between research outcomes and commercial opportunity can take many forms, each characterized by their unique mix of technical and business uncertainties, nanoBridge has structured three stages of advanceMNT Projects. They are;
Proof of Concept
Moving beyond basic research, proof of concept allows for the continued feasibility study of a technically interesting process or device for a commercial application. Funding is limited to a maximum of $75,000.
The development of an underlying technical concept within a first prototype intended to meet commercially relevant demands and be used to pursue initial commercial interest through site testing and demonstrations. Funding is limited to a maximum $150,000.
A product has been defined, based on specific customer demands and feedback, for the purpose of retaining customers and achieving sales of a product in the market. Funding is limited to a maximum of $225,000.
Applicants are responsible for identifying the most appropriate stage within the pre-commercial spectrum and structuring their proposed scope of work and corresponding budget accordingly.
Applications are currently being accepted for the Winter 2013 Intake period. The deadline for application is Friday January 25, 2013 @ 11:59 pm MST.
Please read the Eligibility, Process and Evaluation Guidelines
prior to beginning the application process.
Applicants are encouraged to contact nanoBridge staff to confirm eligibility and stage before beginning the application process.