AAU receives 50-70 new inventions each year, all which are actively sought commercialized. AAU has one of the highest success rates among Danish universities for the usuage of research, and the AAU Proof of Concept will contribute to continuing to ensure this, as well as to ensure that more research results across all major areas are sought commercially utilized.
BACKGROUND FOR THE PROOF OF CONCEPT
Historically, approximately 10-15 inventions a year at Aalborg University have big commercial potential, but at the same time very early. They must be mature and documented further in order to be sold to companies and / or form a basis for research collaboration. It is often seen that private companies and investors are reluctant to invest in early university experiences due to the high risk.
As part of the AAU strategy for 2022 and onwards, funds have been allocated for an independent AAU Proof of Concept scheme. Starting in early 2018, this scheme should close down some of the funding gap that is for the maturation of research results, and ensure that AAU continues to be successful in using research, focusing on inventions, software, and prospective research results in general.
Purpose at AAU
AAU will increase the number of successful commercializations. The AAU Proof of Concept should therefore run for an industry-close concept that will:
- Secure funds for maturing and documentation of early, but promising technology and research results,
- Move the technology to a stage where investors and businesses can take over so that early inventions and research results with great potential can be commercialized.