Product Development Funding
Present your idea to us and apply for Product Development Funding!
Do you have a great idea that you would like to test in practice? Does the lack of funding stop you from carrying out a test, building a prototype or ordering a review? The objective of the €500–€1,000 Product Development Funding is to inspire the students, researchers and staff of Jyväskylä University of Applied Sciences, University of Jyväskylä and the GRADIA Jyväskylä Educational Consortium to invent new products and services and test them.
Please note! This funding cannot be applied for by a company and the funds cannot be used to pay wages. Funding is not available for procurement that would become the property of a potential start-up. (trademark, equipment, code or tools, for example).
For what purposes can Product Development Funding be applied for?The Product Development Funding can be applied for implementing tests on or reviewing initial-stage ideas, e.g. for purposes such as
- prototype tests
- IPR reviews
- making demos
Funding can be applied for to sums of €500–€1,000.
If you wish, you can also complete parts of Gradia’s Product Development Work special vocational degree, such as the section of ‘Working as an innovator’, during the Product Development Funding process. You can prepare for these study sections flexibly during the Product Development Funding process.
Further information: Sanna Kärkkäinen
tel. +358 (0)40 341 6303
How can I apply for Product Development Funding?
Instructions for applying:
The Product Development Funding can be applied for four times during a school year. You can apply for the funding with a separate form and by preparing a 10-minute presentation of the company in advance, to be performed to the jury of 5–7 people consisting of the personnel of the Startup Factory and the educational institutes involved.
Get more detailed instructions for preparing the presentation by email
The Product Development Funding jury will assess the inventions/business ideas based on such factors as their novelty, inventiveness and business opportunities. Applying does not require you to be able to pay for a share of the funding.