The University of Georgia has been named an Innovation Corps Site by the National Science Foundation, enhancing UGA's ability to turn ideas and research discoveries into commercially viable products or services by providing early evaluation of projects through a customer discovery process.
The I-Corps award will enable UGA to serve up to 30 new startup projects a year, adding to the university's rapidly growing entrepreneurial ecosystem and assisting the campus-wide collaboration focused on helping all entrepreneurial projects move to the marketplace.
Innovation Gateway, the university's arm for translating research discoveries into products and companies, will serve as the hub for I-Corps UGA, but collaborators will include UGA's Entrepreneurship Program, College of Engineering and numerous faculty and staff across campus.
"The hardest steps in creating a startup are at the beginning," said Ian Biggs, senior associate director of UGA's Innovation Gateway and the program's lead. "Becoming an I-Corps Site will allow us to provide more robust services, including financial resources. We'll be able to help anyone with an entrepreneurial idea that needs testing in the marketplace. This also builds on the recent $500,000 award from the Department of Commerce to create a prototyping center focused on engineering and materials science."
UGA is one of 50-plus I-Corps Sites, programs that are based at academic institutions to catalyze the engagement of multiple local teams in technology transition and innovation. Ideas or projects supported by I-Corps Sites must be focused in an area of science, technology, engineering or mathematics, but can originate from faculty research, student work, industrial projects or ideas from the community.