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What is I-Corps?
The NSF Innovation Corps (I-Corps) is a set of activities and programs that prepare scientists and engineers to extend their focus beyond the laboratory and broadens the impact of select, NSF-funded, basic-research projects. The primary goal of NSF I-Corps is to foster entrepreneurship that will lead to the commercialization of technology that has been supported previously by NSF-funded research. More.
What is I-Corps Team?
The purpose of the I-Corps Team program is to identify NSF-funded researchers who will receive additional support - in the form of mentoring and funding - to accelerate the translation of knowledge derived from fundamental research into emerging products and services that can attract subsequent third-party funding.
I-Corps Teams are composed of three main members:
All three members of the team participate fully in the I-Corps Curriculum.
What is the program duration?
The I-Corps Teams grant is six-months in duration. This includes participation in the cohorts, online learning modules and ongoing customer discovery.
What is the curriculum?
The I-Corps Team is modelled after the Lean LaunchPad course developed by Steve Blank. More: https://www.udacity.com/course/ep245, http://steveblank.com/tools-and-blogs-for-entrepreneurs/.
How much is the grant value?
Approximately $50,000. More.
What is the eligibility criteria?
To be eligible to pursue funding under an I-Corps Teams award, applicants must have received a prior award from NSF (in a scientific or engineering field relevant to the proposed innovation) that is currently active or that has been active within five years from the date of the I-Corps Teams proposal submission. The lineage of the prior award extends to the PI, Co-PIs, Senior Personnel, Post Docs, Professional Staff or others who were supported under the award. The prior award could range from a modest single-investigator award to a large, distributed center and also includes awards involving students such as REU Sites.
What is the expected outcome of the program?
The outcomes of I-Corps Teams projects will be threefold: 1) a clear go/no go decision regarding viability of products and services, 2) should the decision be to move the effort forward, a transition plan to do so, and 3) a technology demonstration for potential partners.
The go/no go decision of the proposed effort will be made by the I-Corps team in consultation with the I-Corps Cognizant Program Directors.
Where can I find additional information on the program?
The National Science Foundation has a comprehensive site which can be found at: http://www.nsf.gov/news/special_reports/i-corps/teams.jsp
Information source: NSF I-Corps.