NSF I-Corps Expanding Entrepreneurship at UA

Invent. Protect. Commercialize.

NSF I-Corps Expanding Entrepreneurship at UA

Thought of an incredibly fascinating and life changing idea, but you don’t know what to do next? Don’t worry, The University of Alabama has you covered. The University of Alabama was recently selected by the National Science Foundation (NSF) as an Innovation Corps Site. With this selection, our University will be the only one in Alabama to have an I-Corps Site and would be one of the only three in the Southeast. So, what exactly does that mean?

Many may claim that innovation has recently started to shape our world; however, innovation has always been an important part in the development of our country. People started to realize that innovations such as penicillin and the atomic bomb were the ultimate reason of our victory during World War II. The government began to appreciate the important of research and development and something had to be done. In order to ensure the worlds position in the expansion of knowledge in the science and engineering industries, the government decided to take action.

On May 10, 1950, Congress created the NSF. NSF was one of the first independent federal agencies to support novel scientific ideas that may seem impossible today, but will take the public in astonishment in the near future. In order to accomplish this, NSF partners with academic institutions across the country through Innovation Corps Program (I-Corps). The NSF I-Corps main goal is to allow academic institutions to research and further develop new technological innovations for potential market products. From providing company infrastructure to early-stage funding, NSF I-Corps provides the ultimate commercialization process.

The NSF I-Corps is composed of three components that prepare individuals to extend their potentials beyond the laboratory. Two of these components, I-Corps Team and I-Corps Node, play a crucial role in the I-Corps Sites. Potential I-Corps Team projects are observed through the I-Corps Sites in order to speed up the selection of promising commercialization products. The I-Corps Node focuses on developing and maintaining a national innovation ecosystem, making the I-Corps Site easier to run. Ever thought of being involved in such innovated programs? Below is a list of credentials of each I-Corp:

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The University has already taken measures to assist and mentor individuals regarding their development and commercialization process with the existing AIME Center along with our office. Recently, our office attended AUTM 2015 Technology Transfer Conference, where we got to meet and chat with Steve Blank, an entrepreneur guru. His creation of the business canvas model was adopted by the NSF becoming their standard commercializing science. Along with NSF, our office works in embracing the business canvas model to shape our commercialization process. The new I-Corps Sites Program will act as another outreach center for University members to receive the necessary equipment and materials for potential commercialization of inventions. We are excited to see how this program can touch the university and improve the current innovation and training programs.

With the start of the NSF I-Corps Site Program on campus, our ability to encourage entrepreneurship has strengthened. Along with its capability of grant funding, infrastructure and resources, we can’t wait to see how the technological development flourishes across the campus and into the market world.

 

 

 

Thought of an incredibly fascinating and life changing idea, but you don’t know what to do next? Don’t worry, The University of Alabama has you covered. The University of Alabama was recently selected by the National Science Foundation (NSF) as an Innovation Corps Site. With this selection, our University will be the only one in Alabama to have an I-Corps Site and would be one of the only three in the Southeast. So, what exactly does that mean?

Many may claim that innovation has recently started to shape our world; however, innovation has always been an important part in the development of our country. People started to realize that innovations such as penicillin and the atomic bomb were the ultimate reason of our victory during World War II. The government began to appreciate the important of research and development and something had to be done. In order to ensure the worlds position in the expansion of knowledge in the science and engineering industries, the government decided to take action.

On May 10, 1950, Congress created the NSF. NSF was one of the first independent federal agencies to support novel scientific ideas that may seem impossible today, but will take the public in astonishment in the near future. In order to accomplish this, NSF partners with academic institutions across the country through Innovation Corps Program (I-Corps). The NSF I-Corps main goal is to allow academic institutions to research and further develop new technological innovations for potential market products. From providing company infrastructure to early-stage funding, NSF I-Corps provides the ultimate commercialization process.

The NSF I-Corps is composed of three components that prepare individuals to extend their potentials beyond the laboratory. Two of these components, I-Corps Team and I-Corps Node, play a crucial role in the I-Corps Sites. Potential I-Corps Team projects are observed through the I-Corps Sites in order to speed up the selection of promising commercialization products. The I-Corps Node focuses on developing and maintaining a national innovation ecosystem, making the I-Corps Site easier to run. Ever thought of being involved in such innovated programs? Below is a list of credentials of each I-Corp:

blog

 

The University has already taken measures to assist and mentor individuals regarding their development and commercialization process with the existing AIME Center along with our office. Recently, our office attended AUTM 2015 Technology Transfer Conference, where we got to meet and chat with Steve Blank, an entrepreneur guru. His creation of the business canvas model was adopted by the NSF becoming their standard commercializing science. Along with NSF, our office works in embracing the business canvas model to shape our commercialization process. The new I-Corps Sites Program will act as another outreach center for University members to receive the necessary equipment and materials for potential commercialization of inventions. We are excited to see how this program can touch the university and improve the current innovation and training programs.

With the start of the NSF I-Corps Site Program on campus, our ability to encourage entrepreneurship has strengthened. Along with its capability of grant funding, infrastructure and resources, we can’t wait to see how the technological development flourishes across the campus and into the market world.

 

 

 

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