Bringing Ideas to Market

The National Science Foundation (NSF) created the Innovation Corps (I-Corps) program to help accelerate the transfer of academic research into the marketplace.  The NSF teamed worked with leading entrepreneurs from Silicon Valley to apply the “lean launch” methodology to help faculty-based researchers understand markets for their technologies.  In 2015, UWM and the UWM Research Foundation were awarded a three-year grant from NSF to bring this important program to Milwaukee, creating the first NSF I-Corps Site in Wisconsin.  The UWM Research Foundation has also brought this powerful methodology to the Catalyst Grant Program to enhance commercialization outcomes.

Visit the NSF I-Corps Milwaukee Site Website
255
MILWAUKEE I-CORPS PARTICIPANTS
$1.6 M
RAISED FOR I-CORPS TEAMS
2,555
CUSTOMER INTERVIEWS

Building a network of Entrepreneurs

The Milwaukee I-Corps site supports not just UWM, but other academic institutions in Milwaukee as well – including the Medical College of Wisconsin, Marquette University, the Milwaukee School of Engineering, and Concordia University. In 2016, UWM was awarded a supplemental award from the NSF to extend I-Corps into UWM’s College of Nursing. Additional support for the NSF I-Corps program has been provided by the Wisconsin Economic Development Corporation (WEDC) through their Entrepreneurial Support Pilot Program.

Finding Market Opportunities

The I-Corps program uses a disciplined, hypothesis-based approach to explore markets. I-Corps teams bring together academic researchers with industry mentors to explore the needs of the market using a structured “customer discovery” process.  The program challenges researchers not to talk about their science, but instead probe fundamental needs by conducting face-to-face interviews.

Teams discuss their business models at the 2017 Inception Health Tournament sponsored by Froedert and the Medical College of Wisconsin.
Milwaukee I-Corps team, EpiBand, (left, Wilkistar Otieno and right, Ashley Hetterrmann) have created a medication compliance application for epilepsy patients.