IXA Proof-of-Concept Funding and Pre-Seed Loan
There are two ways in which IXA can provide funding for start-up or early stage companies:
- Proof-of-concept (POC) funding offers (aspiring) entrepreneurs the opportunity to carry out technical feasibility studies on their concept, invention or idea.
- A Pre-Seed loan allows start-ups to create and further build a business.
The Proof of Concept and Preseed Fund, managed and administrated by IXA, has been established to stimulate research-driven entrepreneurship among staff and students of the five IXA partners and to create an environment where new initiatives and ideas can be tested and further developed.
Preseed Loan
A Preseed Loan provides starting entrepreneurs with the financial means to found and/or further develop a new company.
Who is eligible for a Preseed Loan?
The Preseed Fund caters to start-up, which can be:
- a SME that produces and supplies, for its own account, a product, process or service based on a new finding or application and that has been incorporated no longer than five years ago.
- a natural person in the process of starting a company as described above.
A condition for Preseed funding is that the funding will be either for an invention by one of the five institutions, or for initiating a joint research project with one of the institutions.
Proof of Concept Funding
Proof of Concept (POC) funding enables (aspiring) entrepreneurs to undertake a technical feasbility study for their concept, invention or idea.
Who is eligible for Proof of Concept funding?
Start- up companies, SMEs (natural person or companies) and societal organisations (excluding educational and research institutions) can apply for POC funding.
A condition for POC funding is that the funding will be either for an invention by one of the five institutions, or for initiating a joint research project with one of the institutions.
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