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University Innovation Fellows

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Organization:VentureWell (formerly NCIIA)

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<span style="font-size:small;"><span style="font-family:arial,helvetica,sans-serif;"><span id="docs-internal-guid-ed4d0d5d-1fad-2b1f-5c88-bdd3eb3f6bd7"><span style="font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Founded in 1995, VentureWell (originally called the National Collegiate Inventors and Innovators Alliance, or NCIIA) with support from The Lemelson Foundation, founded by prolific independent U.S. inventor Jerome Lemelson had from its beginnings invention at its heart. Lemelson, a man who believed that invention was essential to American economic success and vitality, envisioned a program that would foster the next generation of collegiate inventors and help them bring their ideas to impact.</span></span></span></span>
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VentureWell's mission is&nbsp;''"to support technology innovation and entrepreneurship in higher education to create experiential learning opportunities for students and successful, socially beneficial innovations and businesses."''
{{#Widget:Youtube|id=bUbBoGRwBEA}}VentureWell's mission i<cite>s to cultivate a pipeline of inventors, innovators, and entrepreneurs driven to solve the world’s biggest challenges and to create lasting impact</cite>. They <cite>foster collaboration among the best minds from research labs, classrooms, and beyond to advance innovation and entrepreneurship education and to provide unique opportunities for STEM students and researchers to fully realize their potential to improve the world.&nbsp;</cite>
With a growing membership of more than 200 colleges and universities from all over the United States, VentureWell engages more than 5,000 student and faculty innovators and entrepreneurs each year, helping them to bring their concepts to commercialization.
VentureWell ‘pipeline’ provides nascent student start-ups with early stage funding, helps with business strategy development, mentoring and investment. VentureWell provides faculty with funding for courses and programs in technology entrepreneurship, opportunities for recognition and entrepreneurship education training and networking.&nbsp;
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= Resources =
== For Institutions: ==
<ul style="list-style-type:square;">
<li><span style="font-size:small;">'''University Innovation Fellows:''' Leadership training for students focused on expanding the entrepreneurship ecosystem on campus.</span></li>
</ul>
== For Student Ventures: ==
*<span style="font-size:small;">'''E-Team Program:'''&nbsp;The E-Team Program provides&nbsp;funding, immersive workshops, and specialized coaching to student STEM innovators to help them move their inventions into the marketplace. Up to $25,000 funding per team.&nbsp;</span>
*<span style="font-size:small;">'''DEBUT: '''The National Institute of Biomedical Imaging and Bioengineering (NIBIB) and VentureWell support the Design by Biomedical Undergraduate Teams (DEBUT) challenge, a project that recognizes undergraduate excellence in biomedical innovation. DEBUT challenges teams of students in undergraduate biomedical education to solve real world problems in healthcare. Prizes of up to $20,000 will be awarded.</span>
== Partnerships: ==
*'''GIST''': VentureWell is supporting delivery of the U.S. Department of State’s Global Innovation through Science and Technology (GIST) initiative, which empowers young innovators through networking, skills building, mentoring, and access to financing to develop startup solutions that address economic and development challenges.
= Impact for Students and Campus =
'''Since 1995 *With VentureWell’s support, almost 600 new courses and programs have been established across 160 campuses nationwide.*VentureWell has invested over $7.5 million in grants to over 500 student teams – and with that they’ve raised more than $620 million to launch new businesses.*More than half of the NCIIA has:'''startup ventures VentureWell invested in are still in business today, operating in over 50 countries and reaching millions of people with ground breaking innovations.
*Funded 341 experiential courses and programs at hundreds of institutions throughout <br/>'''2017 by the United States*Funded 465 E-Team (innovative product development) projects that have resulted in more than 180 new businesses*These businesses have leveraged more than $365 million in additional funding*Engaged 2,000 students via E-Teams*Partnered with government agencies and corporates to advance our mission*Gained significant coverage from national media outlets and specialty outletsnumbers:'''
<br/>'''2011*$230,000 in grants awarded to 34 E-12 Teams*30 global teams attended the Xcelerator program in Nepal and Malawi*41 GIST Boot Camp teams in Peru and Vietnam*19 Moroccan Innovators attended the first CleanTech Innovation Chllenge*355 total teams have been trained in their programs&nbsp;*$115 mil. in funds raised by the numbers:'''teams&nbsp;*$363,000 awarded in grants to faculty
*23 Course and Programs grants awarded ($606,640)*37 Advanced E-Team grants awarded ($544,623)*11 Sustainable Vision grants awarded ($446,774)*$1,598,037 total grants awarded= Contact Information =
= Contact Information =To connect with VentureWell with a general inquiry, [https://venturewell.org/contact-us/ click here.]&nbsp;For more information, visit the VentureWell's website at [https://venturewell.org/ http://venturewell.org].
To connect with the NCIIA with a general inquiry, [http://nciia.org/contact/General%20inquiry/General%20inquiry%20about%20NCIIA click here.]&nbsp;For more information, visit the NCIIA's website at&nbsp;[http://nciia.org/ http://nciia.org/].
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