The main objective of the Project is to support the effective commercialization of the results of R&D works created in Polish research organizations. As part of the Project, grantee teams are tasked with choosing the most advantageous path of commercialization of the invention (e.g. establishment and development of the company, granting a license to use the invention, selling the rights to the invention). Additional support in the form of de minimis aid will be granted to teams intending to set up and develop companies. The project is implemented on the basis of a grant project in Phases I-III, during which project teams operate and their selection takes place leading to the establishment of a startup or taking another form of implementing the results into market practice. Grantees in Phases I and II are research organizations within which there are teams consisting of the Scientific Leader (LN), Technology Transfer Supervisor (OTT) and Business Leader (LB). Phase I is focused on creating a project team and increasing its competences. Work with a business mentor and an intensive training cycle (Bootcamp), training program and preliminary market research also begin. The original project is modified as proposed by the team (as a result of knowledge gained during the Phase) in order to present an action plan in the next phase to adapt the technology/service to market needs. Phase II is intended for grantees who at the end of Phase I passed the selection presenting a further vision of product development and its commercialization. Grantees in Phase II will be supported by a business mentor, a programme of targeted training (tailored to the field), as well as an outgoing meeting with the Oxford system of academic startups (study visit) and institutions from the commercialization support environment. The most attention in this phase is devoted to discussions with the market (the aim of which is to best match the product) and their analysis. The teams carry out tasks as part of the presented commercialization strategy with the support of the FNP, which pays special attention to the preparation of grantees for the establishment of an investment spin-off company. Phase III is dedicated to the support of companies that will be created as part of the project and will be selected for co-financing. This phase covers the key first 12-18 months of the companies' operations, during which they will implement an individual product and company development plan. Grant support in the form of de minimis aid for spin-offs established thanks to the project is primarily aimed at increasing their market opportunities and readiness for the first transactions and/or investments. The PRIME project is a project of the Foundation for Polish Science (Beneficiary) implemented in partnership with a renowned organisation in the field of knowledge and technology transfer from the United Kingdom – Oxentia, hereinafter referred to as the Ground Floor. VAT If the grantee concerned has the right to recover VAT in accordance with national tax law, the VAT of that grantee will be ineligible if the grantee concerned does not have the right to recover VAT in accordance with the law, the VAT of that grantee may be considered an eligible cost. In accordance with the applicable national tax law, companies with the right to recover VAT will receive support in the form of de minimis aid, in which VAT will be ineligible (granted in net amounts).