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Northeastern University Funding for Technology Development

GapFund360

  • For Northeastern-owned technologies
  • Not required to start a company
    • CRI can commercialize
  • Funding
    • Phase I – $50,000
    • Phase II – $150,000

NUCEE Alpha Program

  • For Northeastern or other technologies
  • Must form a company
    • Can be pre-business plan
  • Funding
    • $10,000

Other Northeastern Resources

Support for Developing your Business

I-Corps

  • Prepares scientists to identify valuable product opportunities arising from academic research, and gain skills in entrepreneurship
  • Funding

ENTR 4505, “Entrepreneurial Growth Strategy for Technology Ventures”

Student teams in this class create business plans, financial projections and inventor packages for early stage ventures. Inventors who would like assistance from a team should contact Professor Kevin Scanlon.

Government Funding for Technology Development

SBIR

  • For small businesses with promising commercial technologies
  • Eleven participating government agencies
  • Funding
    • Phase I – Up to $150,000
    • Phase II – Up to $1,000,000

STTR

  • Small business must partner with a research institution, which is awarded at least 30% of the total grant
  • Funding
    • Phase I – Up to $225,000
    • Phase II – Up to $750,000