Researchers funded by the European Research Council (ERC) received Proof of Concept Grants. The grant is part of the Horizon Europe R&D programme and is worth €150,000 each.
These grants help researchers move on to the first phase of the commercialization of their projects. For example, to explore business opportunities in the market or prepare to obtain a patent. The Proof of Concept grant scheme is open only to researchers who are or have been previously funded by the ERC.
Research from the social sciences and humanities (SH) domain won 11% of all grants. The grant holders were projects from 22 countries of the world. The most significant number of grants were received by researchers in the UK (22), Italy (21), Spain (18), Israel (18), the Netherlands (16), and France (15).
President of the European Research Council Prof. Maria Leptin said: “It’s wonderful to see that frontier research has the capacity to generate discoveries that can be quickly put into practice. Let’s not forget that there is no applied research without basic research feeding the pipeline first – and that very valuable innovations spring from all disciplines, from the physical and life sciences to the social sciences and humanities.”
Source: European Research Council
Picture: Lukas, Pexels