I-Corps South is now offering up to eight $25,000 grants to technology startup teams in the first half of 2018. These teams will have access to three pieces of programming:
- A short course preparing them for the NSF I-Corps Program
- The NSF I-Corps program, typically only open to teams with National Science Foundation funding heritage
- I-Corps Go, a short follow-up to I-Corps focused on increasing startup success
The program will reimburse up to $25,000 in travel costs associated with the I-Corps program. These travel grants are for teams to meet with their customers in the course of the I-Corps program to test and iterate upon assumptions inherent in their business model. Teams that have completed the I-Corps program have experienced an increased rate of acceptance for the NSF Small Business Innovation Research (SBIR) grants due to their first-hand knowledge of their market.
Who: To qualify, teams must have technology roots and be a potential fit for the NSF’s Small Business Innovation Research (SBIR) grants. Teams must have a full-time member who is an expert in their technology field (Technical Lead) and a focus on building a business that will leverage their unique technology. Teams must also include an Industry Mentor who can provide guidance and insight into the project’s potential market. The program is open to both university-based startup projects as well as already-formed companies, so long as there is a significant technology element involved.
Use: This grant is open to any team that meets these qualifications from across the southeast.
Time Commitment: Teams must be available to participate in all components of the Phase 0 program:
- Prep Workshop: 1-day, in-person, on the Georgia Tech campus in Midtown Atlanta.
- National I-Corps Cohort: 7 weeks total. 5 days of in-person workshops. Weekly WebEx sessions (calls last 4 hrs.). 15-20 hours/week for customer discovery travel and interviews.
- I-Corps Go: 1-day, in-person, on the Georgia Tech campus in Midtown Atlanta.
When: Preparation programs will be held on April 10 and July 18, 2018.* Teams will be slotted into National I-Corps cohorts based on availability and after their completion of the Prep program. I-Corps Go dates will be determined at a later time.
*Applications for April 10 cohort will close March 20. Applications for July cohort will close June 25.