Precarn launches $500,000 T-Gap fund

Precarn Inc has allocated $500,000 towards a new fund that addresses the early-stage funding gap for small companies. The Technology T-Gap Assistance Program is aimed at very small firms requiring up to $60,000 to undertake activities such as engineering prototypes, refining designs, scale-ups, product-specific market research, field studies and technical and market assessments. Proposals can be submitted at any time and Precarn will fund up to 75% of total project costs. Eligible expenses include salaries, consultant fees, materials, supplies and travel....