The National Science Foundation has awarded UConn $300,000 to become an I-Corps Site and create the Accelerate UConn program, fostering entrepreneurship and creating businesses out of technology developed at the school.
The NSF I-Corps Sites are academic institutions that engage multiple, local teams in order to transfer technology to the business world.
UConn will use the money over three years to operate its Accelerate UConn program, designed to expand the community of innovators and entrepreneurs in order to develop products that expand economic growth and benefit humanity. The program will be co-developed by Jeff Seemann, vice president for research, and Timothy Folta, faculty director of the Connecticut Center for Entrepreneurship & Innovation.
The $300,000 runs through Jan. 31, 2018, and its primary use is fund and train campus entrepreneurial teams.
