The University of Louisville continues to bank on innovation and entrepreneurship as being difference-makers for the university and the community. Today, U of L announced it received a three-year, $300,000 grant from the National Science Foundation to create an Innovation Corps Site.
NSF I-Corps Sites provide infrastructure, resources, networking and training, as well as a small amount of funding to help teams transition their work into the marketplace.
According to a press release, U of L is now the only university in the country to receive three prestigious innovation-associated awards: the NSF I-Corps, National Institutes of Health Research Evaluation and Commercialization Hub (REACH), and Coulter Translational Research Partnership grants.
The U of L I-Corps project will focus on high-tech industries and translating innovations to the market. The program will function as a multidisciplinary partnership between the J.B. Speed School of Engineering and the College of Business’s Forcht Center for Entrepreneurship.
“The U of L I-Corps Site will provide a catalyst for STEM entrepreneurial discovery and business development, which will stimulate the creation and growth of new, high-tech industries and higher paying jobs, while at the same time developing the entrepreneurial infrastructure of the state,” said Robert Keynton, Lutz Endowed Chair for Biomechanical Devices and chairman of the Department of Bioengineering in the Speed School.