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National Science Foundation Aims to Turn Research Into Startups

July 31, 2011 /

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The National Science Foundation wants to take researchers’ big ideas from the laboratory to marketplace through a new program called Innovation Corps, announced July 28.

The public-private partnership between NSF, the Kauffman Foundation, and the Deshpande Foundation will provide $50,000 grants to help scientists turn research into viable products, says NSF program manager Errol Arkilic. The grants are limited to researchers who have already been funded by NSF. They’re intended to support the projects for up to six months while the teams research how their technology could benefit society.

John Tozzi

This is a guest post by Bloomberg Businessweek reporter Victoria Stilwell.

Full Story: http://www.businessweek.com/smallbiz/running_small_business/archives/2011/07/national_science_foundation_aims_to_turn_research_into_startups.html