Changes

= Overview =

Launched in October 2011, the National Science Foundation Innovation Corps (NSF I-Corps) program prepares scientists and engineers to extend NSF funded laboratory research projects into the commercial world. Knowledge from NSF-supported basic research can have marketable impact, and thus NSF I-Corps promotes the translation of technologies that will have direct benefits for the economy and society. Importantly, I-Corps is a public-private partnership program, which teaches grantees to recognize valuable product opportunities that can arise from academic research. A targeted curriculum that provides guidance from established entrepreneurs allows viable entrepreneurship training to student participants.

= Purpose =

The primary goal of NSF I-Corps is to promote entrepreneurship from NSF-funded research leading to the commercialization of novel technology. Entrepreneurship is approached through the emphasis of customer and business development. I-Corps will be the vehicle to foster start-ups founded by the participants, making successful I-Corps projects prepared for business formation. Prominently, I-Corps programs bridge the NSF Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. When applicable, additional resources from the private sector are sought by NSF in the form of partnerships and finance.

&nbsp; &nbsp; &nbsp;5) Apply on the NSF I-Corps website ([http://www.nsf.gov/news/special_reports/i-corps/ www.<b>nsf</b>.gov/news/special_reports/i-<b>corps</b>/] )

&nbsp; &nbsp; &nbsp;1) The academic institution should apply if it has resources setup to be a feasible Node or Site

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