Innovation Corps Teams (I-CorpsTM* Teams) Program

Min: $50,000
Applications Due: Rolling
Federal
National Science Foundation

This grant provides funding and support for NSF-funded researchers to develop their scientific discoveries into marketable technologies and products through entrepreneurial training and mentorship.

Description

ONLY FOR NSF-FUNDED RESEARCHERS. The National Science Foundation (NSF) seeks to further develop and nurture a national innovation ecosystem that guides the output of scientific discoveries closer to the development of technologies, products, and services that benefit society. The goals of the NSF Innovation Corps (I-Corps) Program, created in 2011 by NSF,are tospur translation of fundamental research to the marketplace, to encourage collaboration between academia and industry, and to train NSF-funded faculty, students and other researchers in innovation and entrepreneurship skills. The I-Corps Program utilizes experiential learning of customer and industry discovery, coupled with first-hand investigation of industrial processes, to quickly assess the translational potential of inventions. The I-Corps Program is designed to support the commercialization of "deep technologies, those revolving around fundamental discoveries in science and engineering. The I-Corps Program addresses the skill and knowledge gaps associated with the transformation of basic research into deep technology ventures (DTVs). The purpose of the I-Corps Teams program is to identify NSF-funded researchers to receive additional support in the form of entrepreneurial education, mentoring, and funding to accelerate the translation of knowledge derived from fundamental research into emerging products and services that may attract subsequent third-party funding. The outcomes of I-Corps Teams' projects are threefold: 1) a decision on a clear path forward based on an assessment of the business model, 2) substantial first-hand evidence for or against product-market fit, with the identification of customer segments and corresponding value propositions, and 3) a narrative of a technology demonstrationfor potential partners. WEBINAR: A webinar will be held monthly to answer questions about this program. Details will be posted on the I-Corps Teams website (seehttps://www.nsf.gov/news/special_reports/i-corps/program.jsp) as they become available.

Eligibility

States
All
Regions
All
Eligible Entities
Public and State controlled institutions of higher education

Funding

Program Funding
$12,750,000
Award Ceiling
Award Floor
$50,000
Award Count
255

Timing

Posted Date
January 15, 2021
App Status
Accepting Applications
Pre-app Deadline
Application Deadline

Funder

Funding Source
Source Type
Federal
Contact Name
NSF grants.gov support
Contact Email
Contact Phone
--

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