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New grants to innovation corps 'nodes' further enhance public-private partnership
Date:2/22/2013

inia Tech

This $3,749,804 award is supporting the consortium's implementation of two initiatives that are specifically designed to increase the success rate of participating teams: (1) establishing a formal DMV I-Corps Mentor Network designed to attract, train, and retain top-notch mentors and (2) offering a post I-Corps Support program to help teams with a series of follow-on activities (e.g., continued customer development, minimum viable product prototyping, technology transfer and licensing, fundraising, legal services, and hiring executive talent). The node is implementing an Online Nodal Network (ONN) that ties together and augments existing tools, addressing the needs that are particularly valuable to the nature of I-Corps teams. In addition, the node is studying the effect of I-Corps training on: (1) any adjustments in orientation toward firm creation, (2) the proportion of teams that reach initial profitability, (3) the time required to reach initial profitability, and (4) the resources expended (time, money) in the start-up process. The node is also engaging underrepresented minority participation and HBCUs through cooperation with the Graduate Degrees for Minorities in Engineering and Science, Inc. consortium.

The I-Corps Node: New York City Regional Innovation Node (NYCRIN), led by Gillian Small at the City University of New York, in collaboration with New York University and Columbia University.

This $3,740,117 award is supporting the consortium's work in leveraging the existing innovation ecosystem present in New York City (NYC) to provide innovators throughout the United States with a structured portal for access to the unique NYC-regional combination of world-class universities, venture capital investment resources, and one of the nation's fastest-growing technology start-up environments. The node will develop an open-source software suite for Lean analytics and Lean startup operation, integrating tools on whic
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Contact: Maria C. Zacharias
mzachari@nsf.gov
703-292-8454
National Science Foundation
Source:Eurekalert  

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