Proof-of-concept Funding Scheme
Turning groundbreaking ideas into real-world impact.
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
Guidelines
For more information, please refer to the Information Sheet on the scholarship scheme.
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.
Apply
This scheme is currently closed to 2026 Applications.
Please note that the GCI Proof-of-concept Funding Scheme will not be running in 2026.
Enquiries:
Enquiries and EOIs to be sent to Minh Nguyen, Graeme Clark Institute Centre Manager at nguyen.m@unimelb.edu.au.