2025 Proof of Concept Funding Scheme is now OPEN!

The Graeme Clark Institute for Biomedical Engineering is pleased to announce that the 2025 Graeme Clark Institute Proof-of-Concept Funding Scheme is now open!

This scheme is to support researchers within the medtech field who are employed by the University of Melbourne across different faculties to translate their research into viable commercialisation projects or start-ups. It is intended to help cover the gap between intellectual property disclosures and spin-out or licensing, where there is a compelling case for enhancing the commercial potential of a foreseeable product or service. The Graeme Clark Institute POC Fund can also be utilised to secure matching funds against appropriate grant funding schemes.

Funding: $10,000 - $60,000

Closing date for Round 1 (Expressions of Interest) is at 5pm Monday 5 May 2025.

Information on the Scheme and how to apply can be found HERE.

Further general guidelines with eligibility criteria can be found at: https://research.unimelb.edu.au/commercialisation/researchers/explore-funding-to-develop-your-idea/proof-of-concept-fund.

For enquiries, please contact Ms Minh Nguyen, Institute Centre Manager at nguyen.m@unimelb.edu.au.