The Proof of Concept (POC) is designed to fill a need for support where typical funding mechanisms are not available, acting as a bridge between federal funding for basic research and commercial seed funding by angel or venture investors. POC funding will not be awarded when other sources of funding are timely available. The POC program will aim to assist:
The establishment of promising new technology-based entrepreneurial ventures within the State.
The commercialization of inventions resulting from research conducted at Kansas public universities.
Applications for POC funding are accepted throughout the year. The POC review committee meets on a quarterly basis to review proposals and make recommendations for funding. Awards will be made for eligible applications until funds are expended. Applicants are required to submit applications through an approved partner at least two weeks prior to quarterly committee reviews.
Proof of ConceptProgram targets a funding gap that impedes the progression of technology from research to the marketplace.
The purpose is to enable promising technology to advance to a stage where it is capable of attracting licensees, seed investment, or generating revenues. This unique funding opportunity is offered through a convertible note agreement.
Establishing promising new technology-based entrepreneurial ventures within the State & the commercialization of inventions resulting from research conducted at Kansas public universities.
-Proof of Concept Mission
FY 2022 For-Profit Awardees
Applicant
Company
Award
M/W Owned
Location
William Carey
Arc Technology
$25,000
No
Whitewater
Mike Dresher
JogAlong Stroller
$25,000
No
Wichita
Nicholas Love
Love Lifesciences
$25,000
No
Overland Park
Eliot Arnold
MoodSparl/Telememory
$25,000
No
Kansas City
Chris Davis
The MEDAviewer
$25,000
No
Overland Park
Tom Holland
SmartGunz
$25,000
No
Baldwin City
Thomas H. Faerber MD, DDS
PACD System, LLC
$25,000
No
Overland Park
Michele Valadez
Anonymous Tech LLC
$25,000
Yes
Wichita
William L Walls III
NORDEF
$25,000
No
Shawnee
Merrie K. East
NozePax
$25,000
Yes
Wichita
Jacob O’Conner, Jon Peterson
Player Card, Inc.
$21,000
No
Wichita
Mathew Young, Tare Torres
Nutic, LLC
$25,000
No
Kansas City
Rye Kennedy
Tacit Technologies
$25,000
No
Wichita
David Thorne, Dr. Paul Peloquin, Bryant Hernandez, Elliot Harris
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