Demonstration Fund
The Demonstration Fund is designed to assist companies with market-ready innovative technologies or products that have a clear potential for commercial viability.
Assists companies with marketing and business development activities
Helps businesses with high-growth potential reach a position to attract follow-on private sector funding
Awards up to $100,000
Funds are primarily in loans or royalty arrangements with a 1:1 (private:public) match
Funds can be used for:
Acquiring management/marketing personnel or expertise
Purchasing equipment
Developing and executing marketing and distribution strategy
Creating marketing materials
Developing/expanding lead compounds (bioscience - pharmacology)
Business model validation and refinement
Market feedback on technology and recommended enhancements