New round NWO entrepreneurship funding

Do you have ideas on making more (commercial) use of the knowledge you developed? Could you use funding to do a feasibility study? Then think about applying for Take-off funding!

In the beginning of January, a new application round will open for Take-off, the funding instrument for knowledge utilisation that encourages activity and entrepreneurship within the Dutch knowledge institutions.

The aim of Take-off is to create innovative activity based on the knowledge development and utilisation by researchers. This activity can be about product, process, care or service innovation in the broadest sense of the word and within all scientific areas.

Take-off consists of two instruments:

Feasibility studies (phase 1) – maximum length: 6 months. Researchers can request a loan of €20,000 to a maximum of €40,000 to perform a feasibility study of the commercial application of innovative ideas and the start of activity on the basis of knowledge innovations. This feasibility study should lead to a report which includes the possibilities of a start-up.

Early stage routes (phase 2) – maximum length: 24 months. Companies (start-ups) which have just been initiated by researchers or entrepreneurs can request a loan of €50,000 to a maximum of €250,000. The loan should be utilised for the early stage route with a maximum term of 2 years, which entails the steps which are necessary to make a knowledge innovation commercially viable.

The deadline for letters of interest is 5 February 2019 and the deadline for full applications is 5 March 2019. For more information see the NWO Take-off website and/or contact your funding advisor for more information.

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