In May 2014 CSUPERB received a 3-year grant from the National Science Foundation (NSF) Innovation Corps (I-CorpsTM) Site program to fund microgrants to and entrepreneurship education for CSU students and faculty. What is I-Corps? Here is the 30 second soundbite.
CSU student and faculty researchers who have biological sciences, research-based product, service or process ideas are eligible for CSU I-Corps. Teams selected win $2500 microgrants and work for three months as part of a CSU I-Corps cohort.
Microgrants can be used to meet with mentors, to attend industry meetings to meet and interview experts, potential customers or partners, and to fabricate prototypes, and/or to buy research materials and supplies for proof-of-concept work suggested by mentors and experts.
- CSU I-Corps microgrants will be awarded for a three-month period to CSU teams.
- Teams must have access to and freedom to operate with the underlying biotechnology.
- CSUPERB can make up to 30 CSU I-Corps microgrants annually awarded to two cohorts annually.
- Faculty researchers do not need a track record of NSF funding to apply and participate in CSU I-Corps programs.
The entrepreneurship experience gained will set teams up for success in federal SBIR/STTR grant and VentureWell E-Team applications, as well as incubator and accelerator on-ramping. Specifically, CSU I-Corps webinars and activities will prepare teams to apply for the NSF I-Corps Teams program. I-Corps Team grants ($50,000) allow recipients to further develop commercialization pathways and formulate proof-of-concept work, as well as participate in the national I-Corps curriculum.