MIN-Corps is the University of Minnesota site for I-Corps (Innovation Corps), part of the National Science Foundation's programming that focuses on expanding scientists' skill set out of the laboratory to translate their discoveries into the commercial world. For more information on I-Corps, visit their website.
The National Science Foundation (NSF) recently awarded MIN-Corps with funding to provide University teams with micro-grants to fund initial prototype and customer development efforts. Funding is provided as part of a 14-week curriculum in which students and faculty are paired with industry mentors to test their assumptions and search for a sustainable business model. Additional resources and events support the ongoing transitioning of their research into commercial products.
“The MIN-Corps program creates more unified engagement across the university’s business, technical and commercialization programs in order to help our students take advantage of our combined resources and knowledge,” said Mostafa Kaveh, electrical and computer engineering professor and CSE’s associate dean for research and planning. “While each of our groups has a unique focus, we share a common goal of advancing U of M innovation, developing the next generation of innovation leaders and testing the commercial potential of new ideas and IP.”
This interdisciplinary effort is led by the Holmes Center for Entrepreneurship, the College of Science and Engineering and the Office for Technology Commercialization. An exciting lineup of programs and events are planned for the upcoming academic year, aimed at students and faculty interested in planning their start-up experience.
The MIN-Corps graphic below shows how the overarching objective of accelerating innovation and entrepreneurship in the STEM fields of the University of Minnesota to drive the economic development of entrepreneurial talent and new ventures.