Proof of Commercial Relevance (POCR) Program
The Proof of Commercial Relevance Program funds Iowa tech companies to validate and advance proven innovations toward market readiness through focused research and development activities.
Funder: Iowa Economic Development Authority
Due Dates: Rolling (applications reviewed ongoing; funding decisions bi-monthly)
Funding Amounts: Up to $50,000 in low-interest loans per award; requires 1:2 (private:public) match.
Summary: Supports Iowa-based innovative tech companies in validating and articulating the commercial potential of proven concepts.
Key Information: For pre-commercial companies seeking market validation; must have a functional prototype and proof-of-concept.
Description
The Proof of Commercial Relevance (POCR) Program is designed to help Iowa-based companies with innovative technologies move from proof-of-concept to market readiness. The program provides targeted support—primarily through low-interest loans—to fund activities such as market validation, beta testing, and intellectual property assessment. By supporting companies in demonstrating the commercial potential of their technology, the POCR Program aims to accelerate commercialization and attract further investment.
