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Commercial Proof of Concept Fund

Commercial POC Fund

Offers UCL teams access to support that turns campus proof-of-concept work into licensable and investable innovation.

DiscontinuedUCL Business (UCLB)United Kingdom

UCL Business (UCLB) is the technology transfer and commercialization arm of University College London, responsible for protecting and commercializing UCL intellectual property across all academic disciplines. The Commercial Proof of Concept Fund is an internal translational funding mechanism through which UCLB invests in UCL-derived IP or technologies that demonstrate credible commercial promise. …

Pre-commercial evaluation and development of UCL-derived intellectual property or technology toward a commercially viable licensing deal or spinout, funded up to £75,000 per project.

CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Rolling
Next deadlineiThe next date applications are due. Rolling means you can apply any time.Rolling
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.6–9 months
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Grant
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.—

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Last verified: 29 Jun 2026Source: www.uclb.com