Background

In January 2016, the National Science Foundation announced that Louisiana State University (LSU) would be one of the newest I-Corps Sites designated to educate faculty, students and the community on entrepreneurial principles. Our goal is to help faculty and students answer important commercialization questions directly applicable to state and federal grant programs, as well as to support in identifying industry partners and potential licensees.

LSU NSF I-Corps Sites Award

What is the NSF I-Corps Program?

The LSU I-Corps Sites program will support teams through critical market and commercialization evaluations associated with a specific LSU developed idea or technology. These teams will be comprised of an Academic Lead (typically the faculty member), an Entrepreneurial Lead (often times a student), and a Business Mentor. Faculty from all colleges and department are encouraged to apply. Students may also apply independently to join teams.

Application Process

Each team will be required to submit a short application that will be evaluated on the following criteria:

  • Team and Commitment
  • Intellectual Property Strength
  • Technology Strength
  • Commercial Potential / Applications
  • Fit with I-Corps Sites

Details about the Process

Application

Applications will be accepted any time, and will be evaluated two times each year.

LSU I-Corps Sites Program

As part of the program, each team will be required to attend training and meet with a Business Mentor. The goal of the program is to help commercialize LSU technologies and ideas with the specific outcome of the LSU I-Corps Sites program being a team decisions on whether to pursue commercialization through one of the following:

  • NSF I-Corps Teams program (an intensive 6-week NSF training with $50,000 grant)
  • LSU Leveraging Innovation for Technology Transfer (LIFT2) Program (up to a $50,000 prototyping grant)
  • LSU Louisiana Business and Technology Center (LBTC) Incubator
  • Louisiana Technology Transfer Office (LTTO)

 

Calendar of Program

 

Program participants are eligible for up to $3,000 in NSF funding, which can be used for:

  • Prototyping materials
  • Travel to visit potential customers and end users
  • Training or education in entrepreneurship
  • Any other needed resources
  • Budget must be approved by I-Corps Sites Budget Review Committee