paul freet i-corps instructor georgia tech venturelab
TRANSCRIPT
Paul FreetI-Corps Instructor
Georgia Tech VentureLab
$
time
NSF Grants
discovery development commercialization
$
University
Investors
IndustryNSF Grants
timediscovery development commercialization
$
Valleyof
Death
University
Investors
IndustryNSF Grants
timediscovery development commercialization
$
University
Investors
IndustryNSF Grants
timediscovery development commercialization
SBIR
$
University
Investors
IndustryNSF Grants
timediscovery development commercialization
SBIR
$
University
Investors
IndustryNSF Grants
timediscovery development commercialization
SBIR
Ditch of Death
$
University
Investors
IndustryNSF Grants
timediscovery development commercialization
SBIR
I-Corps Funding
I-Corps Program
Select 300 projects per year
Provide bridge funding to SBIR stage
Educate researchers/students on entrepreneurship
In 7-weeks, get to go/no-go decision on commercialization
I-Corps Funding
$50,000 grantcap on overhead
cannot pay PImust pay travel and conference fees
SBIRI-Corps is considered pre-SBIR
Successful I-Corps teams are highly successful in first time SBIR
I-Corps Teams
Principal Investigator (PI)must have NSF funding in last 5 years
Entrepreneurial Lead (EL)Usually PhD student of PI
Industry Mentor (IM)Either domain experience or entrepreneur experience
Mentors can repeat the program
Application/Selection Process
Read the solicitationParticipate in the introductory webinarContact Paul Freet with intent to apply
Compile a teamApply with 1-page tech overview + team biosSeries of selection calls - entire team, be early
Once selected - formal application
http://www.nsf.gov/news/special_reports/i-corps/teams.jsp
http://is.gd/YGdXXr
I-Corps Nodes
National Innovation Network
Regional NodesGeorgia Tech
MichiganSF Bay Area
New YorkWashington
Texas*Los Angeles*
* New Nodes
I-Corps Sites
@
20 GT I-Corps teams
I-Corps South
Lean startup classes, modeled on I-CorpsFocus on Students (grad and undergrad)
Georgia Tech, ATDCAlabama, Florida, UGAFSU, NC State, Auburn
Startup GauntletI-Corps South Regional Program
Startup::ThesisStartup::DiscoveryStartup::Validation
CustomerDiscovery
CustomerValidation
? ✓
Startup::Startup::DiscoverDiscover
yy
Startup::Startup::DiscoverDiscover
yy
Startup::Startup::ThesisThesis
Startup::Startup::ThesisThesis
Startup::Startup::ValidatioValidatio
nn
Startup::Startup::ValidatioValidatio
nn
StartupGauntlet
Business Thesis
Product Market Fit
Repeatable Sales Process
Application/Selection Process
Read the solicitationParticipate in the introductory webinarContact Paul Freet with intent to apply
Compile a teamApply with 1-page tech overview + team biosSeries of selection calls - entire team, be early
Once selected - formal application
http://www.nsf.gov/news/special_reports/i-corps/teams.jsp
http://is.gd/YGdXXr
venturelab.gatech.edu
@venturelab / @pfreet
75 Fifth St NW, Suite 415, Atlanta GA 30308