19 Mar New NSF I-Corps Teams Begin Work
Second round of public-private innovation awards granted to 25 teams around the country
As part of a continuing effort to identify emerging technology concepts that have potential to transition into economically viable products, the National Science Foundation (NSF) has selected 25 teams for the spring 2012 class of the NSF Innovation Corps (I-Corps).
Spanning a broad range of potential products, research areas and regions, the teams will receive guidance from private- and public-sector experts, participate in a specially designed training curriculum, and receive $50,000 grants to begin assessing the commercial readiness of their technology concepts.
“Earlier I-Corps teams are well on their way to commercializing their technologies,” said I-Corps program officer Errol Arkilic. “A number are already building their teams and new partnerships, and they are obtaining license agreements and negotiating third-party financing.”
The awards will draw on discoveries previously supported by five NSF directorates: Biological Sciences; Computer and Information Science and Engineering; Engineering; Mathematical and Physical Sciences; and Social, Behavioral and Economic Sciences.
These awardees will begin the in-depth NSF I-Corps curriculum on March 20, 2012, with a workshop at Stanford University.
This year, the I-Corps program will select approximately 100 teams to assess the commercial viability of their proposed innovations, all built upon a foundation of NSF-supported basic research. The program has begun accepting inquiries for the round of awards to begin in July 2012.
For more on the Innovation Corps, see the NSF Special Report outlining the program.
This spring, I-Corps awards will support the following teams:
Joshua A. Chamot, NSF, (703) 292-7730, firstname.lastname@example.org
NSF Innovation Corps Special Report: http://www.nsf.gov/i-corps
The National Science Foundation (NSF) is an independent federal agency that supports fundamental research and education across all fields of science and engineering. In fiscal year (FY) 2016, its budget is $7.5 billion. NSF funds reach all 50 states through grants to nearly 2,000 colleges, universities and other institutions. Each year, NSF receives more than 48,000 competitive proposals for funding and makes about 12,000 new funding awards. NSF also awards about $626 million in professional and service contracts yearly.
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