Funding for Commercialization
Prior to executing a license or forming a company, most faculty need to complete market and
technology validation – customer research, prototyping, external testing or scaled-up production to
show their technology has a high probability of success. The following grants offer funding
specifically aimed at these activities.
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ÐãÉ«¶ÌÊÓƵ's NSF I-Corps Site​​Award amount: $2,500 Project period: 6 months Frequency: 3 cohorts per year Goal: help teams understand NSF's I-Corps methodology and provide NSF lineage for other grants Requirements: must have at least one faculty members and one student on your team and participate in 7-week training program ​ ​ National Science Foundation’s I-Corps Teams​​Award amount: $50,000 Project period: 6 months Frequency: quarterly Goal: facilitate licenses and the creation of companies that are well-prepared to win NSF SBIR/STTR awards Restrictions: NSF lineage – you must have a prior NSF award or participate in ÐãÉ«¶ÌÊÓƵ’s NSF I-Corps Sites program Requirements: must have an experienced business person to mentor, submit to a series of interviews with a program officer, and participate in 7-week intensive training program ​ ​ I-Corps@Ohio​​Award amount: $15,000 Project period: 6 months Frequency: semi-annually Goal: train faculty and graduate students in entrepreneurial principles to increase licenses and startups from Ohio universities Restrictions: must be from an Ohio public research university Requirements: must have an experienced business person to mentor, submit to a series of interviews with a program officer, and participate in 7-week intensive training program ​ ​ Ohio Third Frontier’s TVSF Award​​Award amount: $50,000 with 1:1 cost match required Project period: 1 year Frequency: 3 cycles per year Goal: validate technologies in preparation for license to Ohio-based startup companies Restrictions: technology not previously licensed and only 6 submissions per university Requirements: 1:1 cost match required ​ |