Skip Navigation
 

Notices

Commerce Announces $4.1M Available in Tax Credits Program Lieutenant Governor and Secretary of Commerce David Toland today announced $4.1 million in tax credits once again will be made available under the Kansas Department of Commerce’s Community Service Tax Credit Program (CSP). Commerce Grants Available for Rural Mural and Public Art Projects The Kansas Department of Commerce today announced a total of $75,000 is available for a new round of Rural Mural and Public Art program funding. The program helps rural communities design engaging new art that improves the local aesthetic – making the community more appealing not only for those who live there but for potential new businesses and residents as well. Kansas awarded nearly $1 million from USDA to assist with rural digital divide The Kansas Office of Broadband Development (KOBD) has been awarded nearly $1 million from the U.S. Department of Agriculture’s Rural Utilities Service through its new Broadband Technical Assistance (BTA) grant program. The $997,000 grant will fund pre-engineering design studies in six rural Kansas counties to help reduce costs and identify avoidable barriers as broadband is deployed there. Creekstone Farms Serving Premium Kansas Meats Worldwide At Creekstone Farms®, excellence is a hallmark from field to fork. Arkansas City-based Creekstone Farms® produces premium beef and pork that’s sought after by consumers across the globe, with Angus beef and Heritage Duroc pork enthusiasts worldwide finding much to love in the company’s outstanding products. View All

Menu

Business Regions Made in Kansas Our Department Publications Initiatives & Incentives Transparency Database About Us Notices Contact
Back
Back

Proof of Concept

For-Profit Entity Proof of Concept

Convertible Funding Opportunity

$5,000-25,000

For-Profit Entity POC funding is available for projects to be undertaken by or on behalf of a Kansas-based, for-profit entity for the purpose of evaluating and/or commercializing unique and innovative technology that is scalable and targeted for development via entrepreneurial enterprise in Kansas. Qualifying entities may not have received in excess of $750,000 in total capital from other sources.

This POC funding opportunity is designed to help develop a project/product to the point where the entity can raise significant amounts of external capital. Typically, these awards will be used for commercial assessment and/or technology validation, such as advanced testing or prototype development.

If a funded project or the intellectual property to which it is directed results in commercial advancement satisfying specified conditions (e.g., partnering-based funding, equity financing, or sales/licensing revenues to a pre-determined level), recipients are required to repay the award according to agreed terms. If, however, such conditions are not successfully met, POC Convertible funding does not require repayment.

To be eligible, the project must:

  • Have clear technical or commercial objective with innovative technology
  • Be undertaken by a Kansas-based, for-profit entity that has not raised in excess of $750,000 total capital from other sources
  • Be reviewed by and submitted through one of the approved partners

POC funds can be used for, but not limited to, the following:

  • Technical Validation
  • Advanced Testing
  • Prototype development
  • Commercial Assessment
  • Other technology-focused activities

POC funds cannot be used for:

  • Normal salary costs of the applicant (or related persons or entities)
  • Fixed overhead costs
  • Previously incurred costs
  • To secure other funding opportunities (e.g. matching grants)
  • Costs for securing intellectual property rights (e.g. patent costs)
en_USEnglish