Accelerate UConn is UConn’s National Science Foundation Innovation Corps (I-Corps) Site. Its mission is to catalyze the transition of new scientific discoveries and capabilities from the lab to the marketplace. Participating teams will receive an introduction to the most critical elements of the I-Corps Curriculum and Lean Launchpad methodology. The program is broken down into three phases; with the main program and emphasis being on phase 1.
Phase 0:
Offered as a short program during summer only, this phase allows for teams to get an introduction of the concepts outlined in the main program. Teams that successfully complete phase 0 receive a micro grant of $1,000 and have a better chance of being accepted in to the competitive phase 1 program.
Phase 1:
This is the main Accelerate UConn program, and a cohort is offered in both the Fall and Spring semesters. This element of the program is 5 weeks in length and includes a 2 day kickoff, 3 webinars and a program finale. Teams that successfully complete this phase receive a micro grant of $2,000.
Phase 2:
This part of the program is by invite only and is only offered in the spring semester. This program is for teams that are serious about continuing to explore the market opportunity for their product or technology. The program will take a deeper dive into the critical next step elements of bringing a technology to market. This element of the program is 3 weeks in length and includes 3 webinars and a program finale. Teams in phase 2 receive a micro grant of $1,000.
Each workshop provides hands-on training in the fundamental components of new venture creation and is delivered by experienced entrepreneurs and faculty members. Participants are provided with personalized coaching and feedback which will help them construct an evidence-based business model and market entry strategy. Participating teams have the ability to receive up to $4,000 in seed funding for their ventures.
Accelerate UConn is open to all university faculty and students.
The submission of an application is required for participation. All applications will be reviewed by an independent panel of experienced entrepreneurs and subject area experts according to an objective set of criteria.