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Ohio


University of Akron gets a national grant to launch young entrepreneurs
National Science Foundation grant promotes entrepreneurial research, create new Ohio businesses
Story by GRACE MURRAY


 
In The Region:

The University of Akron is one of just three schools in the county awarded a grant from the National Science Foundation to develop successful student entrepreneurs.

The $300,000 grant over three years goes is part of the I-Corps Site program.

It will give 30 teams of students each year the opportunity to create and test the market for their ideas. But University of Akron’s Andy Maas cautions the program is just the beginning for young entrepreneurs hoping to make it big.

LISTEN TO: MAAS ON I-CORPS PROGRAM

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“The amount of funding we are providing is not really enough to full fledge proof of concept or product," Maas says. "There’s other vehicles that this will then feed into that those that kind of rise to the top will then be plugged into other avenues to get them to the next stage.”

Both Maas and Barry Rosenbaum, a senior fellow at Akron’s Research Foundation, say the grants are giving students a chance to get out of the classroom and into the industry.

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