U of M wins grant to boost student tech entrepreneurs


The University of Minnesota has landed a grant that will help its science and engineering students take their discoveries out of the lab and the classroom and into the marketplace.

Minnesota Business reports that the university has been awarded a $300,000, three-year grant from the National Science Foundation I-Corps. The grant will identify the commercial potential of their research and discoveries and allow students and staff to test those ideas in the real world. The grant provides seed money of approximately $3,000 for up to 30 entrepreneurial teams, which are part of the U's Innovation Corps.

According to a statement from the University, the U. is one of 14 colleges to receive the award, joining MIT, Carnegie-Mellon University and the University of Illinois at Urbana-Champaign as recipients. The statement added that MIN-Corps and the other sites are part of a larger national trend to boost education in science, technology, engineering and mathematics and promote university-based entrepreneurship. The U has 23,000 students and 2,500 faculty members in STEM programs.

“The NSF award provides a unique opportunity for the university to be part of a nationwide innovation network of shared resources, knowledge and entrepreneurial expertise,” Mostafa Kaveh, the University’s College of Science and Engineering associate dean and lead on the I-Corps grant, said in a statement. “Ultimately, this program will not only benefit our student entrepreneurs, but it will help to advance Minnesota’s innovation economy and develop the next generation of innovation leaders in the state.”

A story in health news website HealthCanal explained that Innovation Corps grants support "activities and programs that prepare scientists and engineers to extend their focus beyond the laboratory into the commercial world." The story explained that the goal of the program is to help researchers translate their discoveries into technologies with near-term benefits for the economy and society. It is a public-private partnership program that teaches grantees to identify valuable product opportunities that can emerge from academic research, and offers entrepreneurship training to student participants.

Next Up

Irv Cross

NFL Pro-Bowler, Twin Cities broadcaster Irv Cross dies at 81

Cross was a Pro Bowl cornerback, but his biggest impact was made after his career.


Here's how much snow fell in Minnesota on Sunday

Some localized areas saw more than expected.

Lindsay Guentzel

For The Week: What's harder than making a meal plan? Sticking to it!

Lindsay Guentzel says you shouldn't give up on your meal planning routines.

snow, plow

Winter storm warnings issued as snow system shifts in Minnesota

The worst of the snow will now hit further north, affecting areas including St. Cloud and the I-94 corridor.

Matt Dumba

Matt Dumba beats the clock to give Wild sixth straight win

Dumba scored as overtime came to a close for another Wild victory.

Karl-Anthony Towns

Bradley Beal terrorizes Timberwolves in loss to Wizards

Beal and the Wizards handed the Wolves their seventh straight defeat.

Marcus Carr / Gopher basketball

Gophers tourney hopes take another blow with loss to Nebraska

Marcus Carr scored a career-high 41 points, but Minnesota is still winless on the road.

St. Paul police

St. Paul police arrest teenage boy in carjacking crackdown

This comes amid a dramatic spike in Twin Cities carjackings.