The Flow Machines project will receive a ‘Proof-of-Concept’ grants from the European Research Council (ERC), to test the market potential of our research.
A total of 182 proposals were submitted to the first round of this call, and the success rate is around 28%.
“The ERC ‘Proof of Concept’ scheme makes it possible for ERC grant winners to get some extra support to investigate the innovation potential of their good ideas.” He added: “More ERC grant winners apply for this call every year, which is a remarkable trend. It means that they see how their frontier research can be pushed beyond its initial frame and how their results can also be translated into marketable products and services. For them, this opens the way to a broader impact on society.”
ERC President Jean-Pierre Bourguignon
Read the press release: http://erc.europa.eu/sites/default/files/press_release/files/erc_pr_poc_2014_first_results.pdf