The idea of government-backed proof-of-concept projects has plenty of proponents, including W. Mark Crowell, a University of Virginia executive and past president of the Association of University Technology Managers, and Lesa Mitchell, an executive at the Ewing Marion Kauffman Foundation, which finances entrepreneurship research and programs.
Their principal advantage is that they can be used to fund one-off or proof-of-concept projects which might have been turned down for broader venture capital funding.
Eye-tracking startup Eyefluence CEO Jim Marggraff also makes money "consulting with Head Mounted Display (HMD) makers, creating proof-of-concept projects, and licensing our eye-tracking and eye-interaction tech and IP".
The first wave of Smart City initiatives can be seen as a large-scale design competition consisting of Proof-of-Concept projects that explored the potential for ICT within the city.
FactGem is currently working with a number of clients, including in the retail and financial services space, though the team notes that it is also in the process of setting up a number of proof-of-concept projects for new clients.
However, this progress is significant because DNA barcoding in the past seven years has chiefly been geared towards proof-of-concept projects to enhance application through the development of improved protocols [9], [10], [11].
The proof-of-concept project will work with a subset of the overall clinical trial data.
This proof-of-concept project will be conducted in parallel with traditional processes for an ongoing clinical trial.
To explore the use of Semantic Web technologies, a proof-of-concept project GFZ ISDC11 was formed.
Figure 1 depicts a traditional paper-based data acquisition process for clinical trials, and Figure 2 is the flow chart for the proof-of-concept project.
Balázs Simon created the tank as a proof-of-concept project and there is a full bill of materials and build description here.
