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Proof of Concept

An innovation and commercialization incentive

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:

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 Concept Program 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.

Applications are due December 31, 2024

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

ApplicantCompanyAwardM/W OwnedLocation
William CareyArc Technology$25,000NoWhitewater
Mike DresherJogAlong Stroller$25,000NoWichita
Nicholas LoveLove Lifesciences$25,000NoOverland Park
Eliot ArnoldMoodSparl/Telememory$25,000NoKansas City
Chris DavisThe MEDAviewer$25,000NoOverland Park
Tom HollandSmartGunz$25,000NoBaldwin City
Thomas H. Faerber MD, DDSPACD System, LLC$25,000NoOverland Park
Michele ValadezAnonymous Tech LLC$25,000YesWichita
William L Walls IIINORDEF$25,000NoShawnee
Merrie K. EastNozePax$25,000YesWichita
Jacob O’Conner, Jon PetersonPlayer Card, Inc.$21,000NoWichita
Mathew Young, Tare TorresNutic, LLC$25,000NoKansas City
Rye KennedyTacit Technologies$25,000NoWichita
David Thorne, Dr. Paul Peloquin, Bryant Hernandez, Elliot HarrisThumbscore$25,000NoWichita

FY 2022 Faculty Led Awardees

ApplicantProjectAwardUniversity
Richard SackFiber Guidance$23,000Wichita State University
Joel WhiteSplint$12,000Wichita State University
Eylem AsmatuluBioscaffold $25,000Wichita State University
CONTACT

Brandon Hutton, Director of Advanced Technology

(785) 480-8554

[email protected]

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