Understanding the I-Corps Program for Economic Impact and Innovation

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The I-Corps program, designed by the NSF, aims to enhance the economic outcomes of university research by guiding scientists to expand their focus beyond the lab. Participants learn how to define problems, evaluate opportunities, and develop compelling business models to maximize the commercial potential of their innovations. With both regional and national pathways, the program offers intensive courses and coaching sessions to help teams navigate the complexities of the market landscape and secure funding for growth.

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By: Dr. Brent Clark, Management Professor at UNO

What is I What is I- -Corps? Corps? Program designed by the NSF to increase the economic impact of university research. Prepares scientists to extend their focus beyond the laboratory.

Program Outcomes Program Outcomes Establish direct stakeholder perspective to give context about the opportunity Build Body of Evidence from Discovery Interviews Objectives Define the Problem (and which stakeholders it may impact) Evaluate the Status Quo (how do we change it?) Design compelling Value Proposition Explore commercialization pathways Determine: Is this a business worth pursuing? Refine and strengthen the business model and increase chances for funding (and growth)

Program Options Program Options Regional I-Corps (Great Plains Hub programs) Pathway to National Program Short Course Program (4-5 weeks | 10 hrs/wk) Problem-Solution Exploration: 20+ Interviews National I-Corps (NSF program) Requires NSF Lineage (can be obtained by completing Regional) Grant Funding: $50,000 Long Course Program (7 weeks | 20 hrs/wk) Business Model Exploration: 100+ Interviews NASA, NIH, DOE, DOD

REGIONAL COHORTS REGIONAL COHORTS Course Description The 5-week course provides teams with access to an experiential learning process with customer discovery, aimed at successfully designing products and services that provide a clear benefit to customers. Teams will gain insights that can be leveraged in crafting a focused and clear commercialization strategy as they translate technology out of the lab and into the marketplace.

2023 SESSIONS 2023 SESSIONS Weekly Schedules: Cohort Dates: 1. Intro to Customer Discovery Coaching Session - Discovery Strategy 2. Customer Value Propositions Coaching Session - Ecosystem Models 3. Team Presentations Coaching Session - Customer Problems 4. Team Presentations Coaching Session - Customer Value Props 5. Final Presentations What's Next? Mar 27 Apr 24 May 19 Jun 16 Jul 11 Aug 8 Oct 20 Nov 17 VISIT WWW.GP-ICORPS.ORG CONTACT INFO@GP-ICORPS.ORG

Who can apply for regional I Who can apply for regional I- -Corps training? Corps training? Anyone with an entrepreneurial mindset and a concept Traditional teams consist of: 1. Scientific Lead (faculty) 2. Entrepreneurial Lead (grad student) 3. Community Mentor Non-traditional teams can apply. However, they are not eligible for national program.

What resources do applications need? What resources do applications need? No financial commitment-fully funded by NSF In fact, we provide teams $1k stipend for participation Participants must be committed to attending all classes and executing 20-25 customer interviews. The classes are offered year-round in cohorts of 10-15 teams, meeting at various intervals to match your schedule. All classes and most customer interviews are virtual and no travel is required.