Greensboro, N.C., Aug. 09, 2017 (GLOBE NEWSWIRE) -- The University of North Carolina at Greensboro (UNCG) and North Carolina Agricultural and Technical State University (N.C. A&T) have been awarded a five-year, $500,000 grant by the National Science Foundation (NSF) to establish Greensboro as an Innovation Corps (I-Corps) Site.
NSF I-Corps is a federally funded program that prepares scientists and engineers to extend their focus beyond the university laboratory and accelerates the economic and societal benefits of research projects that are ready to move toward commercialization.
As a designated I-Corps Site, UNCG and N.C. A&T will provide students, faculty, staff and alumni with the education and resources needed to take their innovations to market. The new I-Corps Site is one of just a few sites in North Carolina.
“I am proud that UNCG was chosen amongst a competitive field to lead a Greensboro-based I-Corps site with N.C. A&T,” said Chancellor Franklin D. Gilliam, Jr. “This unique National Science Foundation initiative will foster innovation and collaboration among faculty, students and the greater Greensboro community, as we continue to develop a growing innovation ecosystem that will have real world impact.”
“North Carolina A&T has long realized the significant impact of the commercialization of research on the Piedmont Triad region,” said Chancellor Harold L. Martin, Sr. “This latest collaboration with the NSF and UNCG will help scientists and engineers move their STEM-related discoveries to the marketplace. It is our expectation that these innovations will enhance the economic impact of our universities for North Carolina.”
I-Corps is based on the Lean Launchpad (LLP) Methodology, a compelling business model discovery strategy grounded in learning from potential customers. UNCG and N.C. A&T hope to train 30 entrepreneurial teams this year using the LLP Methodology, as well as provide opportunities for these teams to receive grants of up to $3,000 to fund their customer discovery process, prototyping and other seed expenses.
For more information and to apply to the program, visit icorps.uncg.edu or email icorps@uncg.edu.
About The University of North Carolina at Greensboro
The University of North Carolina at Greensboro, located in the Piedmont Triad region of North Carolina, is a higher-research activity university as classified by the Carnegie Foundation. Founded in 1891 and one of the original three UNC system institutions, UNCG is one of the most diverse universities in the state with more than 20,000 students and over 2,700 faculty and staff members representing more than 90 nationalities. With 17 Division I athletic teams, 85 undergraduate degrees in over 100 areas of study, as well as 74 master’s and 32 doctoral programs, UNCG is consistently recognized nationally among the top universities for academic excellence and value, with noted strengths in health and wellness, visual and performing arts, nursing, education, and more. For additional information, please visit uncg.edu and follow UNCG on Facebook, Twitter and Instagram.
About North Carolina A&T State University
North Carolina Agricultural and Technical State University is the nation's largest historically black university. Classified a “higher research activity” university by the Carnegie Foundation, it is a land-grant member of the University of North Carolina System. N.C. A&T is known for its leadership in producing graduates in engineering, agriculture and other STEM fields. The university was founded in 1891 and is located in Greensboro, North Carolina.
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