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January 2013 - Tech Launch Arizona (TLA) completed the award process for the first Proof of Concept Program (POC) at the University of Arizona. The POC program is aimed at accelerating commercialization activities by providing funding to researchers at the University of Arizona to advance development of their inventions. Tech Launch Arizona’s POC program focus is identifying key value inflection points in the development pathway for a given technology, and providing funding for early technology development steps necessary to reduce risk for the next participant in the investment or adoption value chain. The funds are not intended to be used as bridge funding, basic research funding, or general lab support.
A total of 14 proposals were submitted by College of Engineering researchers. Seven awards were granted to engineering research teams, four of which were MSE teams.
Read more here.