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All Things I-Corps

Tara A Loomis, VentureWell

Lydia McClure, NSF

Heath Naquin, VentureWell

Agenda

Brief History of I-Corps

National Teams

Nodes

Sites

NIN

Q&A

Risk-Averse Culture Infects U.S. Workers, Entrepreneurs

Through 2011 -- Updated June 2, 2013

How could we at NSFs respond to disturbing trends

We asked ourselves Is there anything we might do to Successfully Translate Innovations from Lab (something we know about) to Market quickly?

Our goal was to:

Leverage NSFs investments and broaden the impact of NSF-funded research

Prepare scientists and engineers to expand their focus beyond the laboratory into entrepreneurship and commercialization

Promote the commercial success and societal benefit of new technologies funded by the US Government

Turn ideas into companies

Change the lives of researchers and the cultures of academic institutions

Origins of I-Corps

There was an emerging body of knowledge about why the 5-yr business plan approach to startup wasnt working.

There was an emerging body of knowledge about what practices might lead to a higher probability of startup success.

2011 NSF Launched I-Corps

Goal: to immerse academics (with clever ideas) in a curriculum that would teach them how to commercialize their research outcomes quickly or recognize non-viability - quickly.

Pilot program of 21 teams held at Stanford University

I-Corps National Team

Course

Eligibility

Team Composition

Solicitation and Award

Expectations

Course

7 week intense course

3 day in person kickoff workshop

5 week on line flipped classroom

2 day in person closing workshop

100+ customer discover interviews

Final Presentation and Lessons Learned Video

Go/No Go Decision

Eligibility

Universities and Colleges - Universities and two- and four-year colleges (including community colleges) accredited in, and having a campus located in the US, acting on behalf of their faculty members. Such organizations also are referred to as academic institutions.

Other Federal Agencies and Federally Funded Research and Development Centers (FFRDCs): Contact the appropriate program before preparing a proposal for submission

Proposers must have an active NSF award or one that has been active within the previous five years from the date of submission of the I-Corps Teams proposal in a science or engineering field relevant to the proposed innovation.

Nomination after participation in a Site or Node I-Corps program satisfies this requirement

Team Composition

EL: Entrepreneurial Lead

PI: Principle Investigator

IM: Industry Mentor

Solicitation and Award

$50,000: pays for the course and cost associated with customer discovery activities including travel

6 months time frame

Expectations: one or more

New start-up business

Licensing

SBIR Proposal

A business plan suitable for review by third-party investors

Students prepared to be entrepreneurially competitive

New curriculum development or improvement in current curriculum

By the numbers

700 club

Over 50% start-ups

12 other Government Agencies

NIH Cohorts

14-16 courses a year

I-Corps Node Program

Solicitation 16-539

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Welcome to the National Science Foundations Innovation Corps (I-Corps) node webinar.

Current Nodes

2011 Stanford University hosted the first two cohorts

2012 Georgia Institute of Technology

University of Michigan

2013 City University of New York, in collaboration with Columbia University and New York University,

University of California, Berkeley, in collaboration with Stanford University and the University of California, San Francisco

University of Maryland, in collaboration with George Washington University, Johns Hopkins University and Virginia Tech

2014 The University of Texas at Austin, in collaboration with Texas A&M University, Rice University and Texas Tech University

University of Southern California, in collaboration with California Institute of Technology and the University of California, Los Angeles

Credit: 2011 JupiterImages Corp.

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I-Corps Node Program Details Eligibility

PI: Dean-level of higher, preferably at the level of provost or vice president

Universities and Colleges (Universities and 2-year or 4-year colleges)

Non-profit, non-academic organizations

One proposal per organization

Submit as a single or multi-institution proposal


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I-Corps Node Program Details Award Information

Track 1: New Node

$1.2M (years 1 and 2)

$900K (year 3)

$600K (year 4)

$300K (year 5)

Track 2: Renewal Node

$900K (years 1 and 2)

$750K (year 3)

$600K (year 4)

$300K (year 5)


help support and scale its efforts

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I-Corps Node Program Details Proposal Elements Level 1

Level 1 Contribution

Demonstrated capacity to deliver Customer Discovery-based curriculum

Regional Training: At least quarterly

Include a strategic plan to coordinate with I-Corps Sites to train 5 or more teams per year, with a plan to double annually

Preparation of teams for I-Corps national Team program

National Training: Up to 3 times per year

Shared Assessment and Evaluation data


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I-Corps infrastructure innovation including testing and implementation of content, curricula, and teaching practices

Detail activities, goals, and measureable outcomes

Proposed method for dissemination and implementation across the national network


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Long-term (3+ year) research and development projects leveraging and analyzing data from Level 1 and 2 contributions

Must be inclusive of faculty and researchers at least one project led by a non-I-Corps instructor or personnel


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I-Corps Node Program DetailsProposal Preparation

Letter of Intent (LOI) Due March 10, 2016

Full Proposal Due May 10, 2016

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Highlights of just a few of the many success stories from NSFs I-Corps Program

Acquired by Dropbox, three months after completing I-Corps!

This team of CISE funded Computer Scientists Developed software to annotate a large number of images quickly and accurately

Combining human input (e.g., crowd-sourcing) with an annotation algorithm to facilitate image analysis (e.g., photos, maps, )

Founders

Serge Belongie

Professor at UC San Diego

Peter Welinder

Award-winning research in computer vision, machine learning and crowdsourcing.

Boris Babenko

Co-founder of @Anchovi Labs, Inc.

MATH Snacks

Smart and yummy educational animations, minigames, and interactive tools that help mid-school learners better understand math concepts.

New Mexico State University

One of the most exciting outcomes of the Math Snacks I-Corp efforts is the new focus of the PI's as we continue to seek funding. There is an increased interest in the distribution and commercialization of the products throughout the writing process. This has resulted in the team seeking out these partners and getting letters of support prior to submitting grants. For example, the NMSU Learning Games Lab, which produced Math Snacks was selected by Glass Labs at USC to be one of the game developers involved in a pilot study where teachers can go for a clearinghouse of gaming resources for the classroom. The I-Corp experience has made the education team and the development team realize how important this is to future development and funding.

North Carolina A&T State University Crowned Champion in $100,000 ACC Clean Energy Challenge

Bioadhesive Alliances winning technology, an environmentally friendly bio-based adhesive, is a sustainable alternative resource developed from the thermochemical liquefaction process converting swine manure to a bio-binder, while sequestering carbon and greenhouse gases otherwise released into the atmosphere.

Bio-Adhesive Alliance was selected as the $25,000 grand prize winner. The start-up company is a spin-out from NC A&T State University that has developed an innovative technology to produce liquid asphalt from swine manure.

According to the company, This technology provides a sustainable and cost-effective solution to swine manure treatment while reducing pavement construction and maintenance cost.

The Bio-Adhesive Alliance team completed the National Science Foundations commercialization program known as I-Corps.

Bio-Adhesive Alliance

Mobile Robots: CISE-Funded City-Climbers with Artificial Intelligence

A wall-climbing robot system based on the teams "City-Climber" technology for building faade inspection and glass wall cleaning applications. The current practice of manual inspection of building faade is time-consuming, expensive, and poses risk to human workers.

The City-Climber technology provides a solution to meet a strong demand for automated inspection of building faades. In addition, the City-Climber robots can be modified to carry out tasks such as to clean glass walls and solar panels. Under prior funding, this team developed several wall-climbing robot prototypes, named City-Climber.

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Forbes "[...Neon] is now integrating her research into an algorithm that helps determine which online images produce the greatest number of clicks."

Sophie Lebrecht, Carnegie Mellon University, Entrepreneurial Lead; Mike Tarr, PI; Babs Carryer, Mentor

Sophie Lebrecht identified that the brain computes a very rough, very rapid and automatic snapshot of perception in order to estimate the likability of an object. They had essentially discovered a way to predict the images people would be most attracted to, and that image discovery had huge market potentialanytime there is an image, and you want a human to relate to that image, the research is applicable.

NEON

Selected as a GigaOm "Best of the Best" finalist for new start-up

They've already received $1.5M in Angel financing and are going out for their series A round now.

CISE-funded AppScale is the open source implementation of Google App Engine cloud platform.

PI: Chandra Krintz

University of California-Santa Barbara

AppScale -- Spurring Innovation Through Cloud Application Portability

Cloud computingplatform that automatically deploys and scales unmodifiedGoogle App Engineapplications over public and private cloud systems.

AppScale Launches As An Open-Source Backup Equivalent To Google App Engine

Magdy Iskander, University of Hawaii

NSF Industry/University Collaborative Research Center (I/U CRC)

All in all , ICORPS has been a most rewarding experience in my over 35 years in academia. ICORPS is magic, transformative and most effective, in a deceivingly simple way, in invigorating interstate in commercialization and makes believers out of academic doubters. We are most grateful for the opportunity and wholeheartedly thank you for having our team being a part of this outstanding program.

Microwave Stethoscope

MiWa Technologies has developed the Cardiopulmonary Stethoscope, a low-cost, non-invasive integrated radio frequency-based system for lung water and vital sign measurements.

Being able to closely monitor the changes in lung water, respiratory rate, and heart rate, are the foundation for proactively preventing worsening of patients heart failure.

Study cropping patterns over north Texas.

Selling and buying water rights

NSF Innovation Corps awardees founded the company Mammoth Trading to provide a neutral, centralized resource

Trying to sell or buy water rights can be a complicated exercise.

Scientists at the University of Nebraska and the University of Illinois at Urbana-Champaign have developed an algorithm that can match potential buyers and sellers, sift through the complexity of local physical and regulatory systems, and reach a fair deal designed especially for them. It also allows the negotiating parties to provide information confidentially during the process.

"It's a different way of matching buyers and sellers in places where there aren't established markets," says Nicholas Brozovic, director of policy at the Robert B. Daugherty Water for Food Institute and associate professor of agricultural economics at the University of Nebraska. "It's a different way of building a market for potential buyers and sellers of natural resources. It maintains confidentiality and it is structured in a way that is neutral and fair."

Richael Young and Nick Brozovic received an NSF Innovation Corps award.

I-Corps Sites

Heath Naquin

OPEN 2016

Disclaimer

The information and opinions presented here are from the Talking Head and not the official opinions of the National Science Foundation..

What does this mean?

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What are NSF I-Corps Sites

I-Corps Sites are the Local Institutional Arms of the I-Corps Network and the backbone of the pipeline development efforts of the program.

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I-Corps Sites

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NSF Innovation-Corps Flow Diagram

Pool of eligible PIs & projects: ~50,000 projects (NSF)

Recruiting processes

(NSF)

Pool of eligible

Teams (from NSF):

Entrepreneurial Lead

PI

Mentor

Team

Selection

(NSF)

Node Assignment

(NSF)

Awarded I-Corps Teams

(NSF)

Curriculum Delivery & Refinement

(Nodes)

Customer Discovery

(Teams/Nodes)

Business Model Canvasses

(Teams)

Go Decision

(Teams)

No-Go Decision

(Teams)

Pool of

eligible

Teams

(from I-Corps Sites and Nodes)

Strategic Partnership

Private Capitalization

Public Funding

(e.g., SBIR, STIR, . )

5-6 Weeks

7 Intensive Weeks

6 Months

Why Did NSF Establish I-Corps Sites?

Motivation for I-Corps Sites Program:

A need to increase the pool of potential NSF I-Corps Teams by supporting local teams whose projects are likely candidates for commercialization.

Leverage intellectual assets of academic institutions and instill a culture of entrepreneurship in universities

Build the pool of eligible NSF I-Corps team applications

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Some Details about the I-Corps Sites Program

Sites are funded at single academic institutions:

with already existing innovation or entrepreneurial units, to enable them to nurture teams of students and/or faculty who are engaged in projects having the potential to be transitioned into the marketplace.

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Lets Talk about Money!

Sites are funded up to the amount of $100,000/year

3 Year Term

Funding mainly goes to teams $1,000 to $3,000 per team

Creates Lineage for National Application

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Current Sites List

Spring/Summer 2013 4 Sites Awards:

University of Toledo

UCSD

University of Akron

University of Illinois -- Urbana-Champaign

Spring/Summer 2014 11 Sites Awards:

CMU

MIT

RIT

San Diego State

University of Southern Cal

University of Central Florida

University of Chicago

University of Delaware

University of Minnesota

University of Texas SA

University of Utah

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Spring 2015 21 Sites Awards:

Brigham Young University

Howard and Hampton Universities

Michigan Technological University

New Jersey Institute of Technology

Oregon State University

Purdue University

SUNY at Stony Brook

Tulane University

University of Alabama Tuscaloosa

University of California-Los Angeles

University of Connecticut

University of Houston

University of Iowa

University of Louisville

University of North Carolina at Charlotte

University of Pennsylvania

University of Pittsburgh

University of Rochester

University of South Florida

University of Washington

University of Wisconsin-Milwaukee

Winter 2016 15 More Sites Awards:

Some Site Stories

Bigger than Just the Grant

UCF

UWM

NMSU

Many More Stories

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Find Out More!

Accepting Application Now:

Due Date May 25th, 2016

http://www.nsf.gov/pubs/2016/nsf16547/nsf16547.htm

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Two Tracks:

Type I: New Sites

Type II: Existing Site Renewal

Expected Outcomes:

Commercialization

NSF I-Corps Teams

BMC That Works

New Business & Licenses

Final Word on Sites???

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National Innovation Network

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Welcome to the National Science Foundations Innovation Corps (I-Corps) node webinar.

National Innovation Network (NIN)

I-Corps Nodes

I-Corps Sites

I-Corps Teams

I-Corps Mentors

As of 2016

7

51

>700

>700

I-Corps Agencies

12

I-Corps International

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When NSFs I-Corps Program first began, in 2011, it was a single program.

But since then, I-Corps has evolved into a collection of activities designed to create a national fabric of support for entrepreneurship.

The purpose of todays webinar is to describe, in detail, how you can pursue funding for an I-Corps Team.

We will, however, at the end of the webinar, however, describe the other I-Corps opportunities [Mentors, Sites, and Nodes]; your institutions may be interested in those opportunities.

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Questions?

Dr. Lydia McClure [email protected]

Heath Naquin [email protected]

Tara A. Loomis [email protected]

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1 # 2 #

3 #

100#First#Hits#

TM#

Hiring Poorly

Lack of Focus Building something

nobody wants

4 #

5 # 6 # 7 # 8 # 9

# # 10

STARTUP MISTAKES!TOP 10

Score: 300!

5. Not Having The Right Co-Founders"

36% of Tot.!

Score: 153!18% of Tot.!

Score: 112!13% of Tot.!

Score: 98!12% of Tot.!Fail to execute Sales & MarkeJng

6. Chasing Investors, Not Customers"7. Not Making Sure You Have Enough Money"

8. Spending Too Much Money"9. Failing To Ask For Help"

10. Ignoring Social Media"

18 (2,1%)"

12 (1,4%)"

6 (0,7%)"

66 (7,9%)"

45 (5,4%)"

28 (3,3%)"

www.100FirstHits.com"

1

#

2

#

3

#

100#

First#Hits#

TM#

HiringPoorly

LackofFocus

Buildingsomething

nobodywants

4

#

5

#

6

#

7

#

8

#

9

#

#

10

STARTUP MISTAKES

TO P 10

Score: 300

5. Not Having The Right

Co-Founders

36% of Tot.

Score: 153

18% of Tot.

Score: 112

13% of Tot.

Score: 98

12% of Tot.

Failtoexecute

Sales&Markeng

6. Chasing Investors,

Not Customers

7. Not Making Sure You

Have Enough Money

8. Spending Too

Much Money

9. Failing To Ask

For Help

10. Ignoring Social

Media

18 (2,1%)

12 (1,4%)

6 (0,7%)

66 (7,9%)

45 (5,4%)

28 (3,3%)

www.100FirstHits.com

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