Government bureaucracies and start-ups are usually two things that don’t mix well together, but the National Science Foundation is looking to change that with a $10 million grant for an start-up education program intended to teach the nation’s top scientists and engineers how to become entrepreneurs.
The Innovation Corps program — which starts in September at Stanford University –will give $50,000 to 100 different teams (3 or more people per team) every year to go through an intensive entrepreneurial education class. The I-Corps class will be modeled on a Stanford engineering class called Lean LaunchPad that was taught earlier this year by serial entrepreneur Steve Blank and a coterie of entrepreneurial thought leaders, technologists and venture capitalists. The grant, which runs to $10 million, covers five years of operations of the program, which will be taught quarterly to 25 teams at a time.
To read the full, original article click on this link: Feds Giving Engineers and Scientists $50K to Learn to Start Companies | Epicenter | Wired.com
Author:Ryan Singel
