The Ignite Erie Industry+University Collaborative offers many resources for entrepreneurs.
Quickstarter is a proven high-throughput, rapid turnaround program that brings teams of students together to help entrepreneurs design and launch successful crowd-funding campaigns through sites such as Kickstarter. In 2014 only 36% of all Kickstarter campaigns met their fundraising goals. However, the success rate of projects meeting their funding goals rises to 80% with application of the Quickstarter method. These projects are fast-paced but brief in duration, providing experience for students without overly disrupting their academic studies.
If you have a working prototype of your product and are interested in pursuing crowd-funding, this program could be an ideal fit for you. If your application is accepted, Ignite Erie will pay the $2,000 cost of Quickstarter.
An Intern Mashup involves nimble interdisciplinary teams of students who solve applied research and development problems and commercialize technology under the mentorship and management of faculty and professional staff. Projects range from simple analyses requiring just a few hours’ time to design and development efforts ranging from three months to two years, intended to address complex problems and requiring a diverse skill set from the student contributors.
If you are in need of technical assistance to move your product from concept to prototype or beyond, these teams of students and faculty can assist you. Grants are available for up to $5,000 and require a 1:1 cash match from the interested party.
Innovating Through Collaboration Teams
Innovating through Collaboration (ITC) begins with proposals by industry partners or entrepreneurs for projects that will help them innovate or provide insights in areas such as new product market analyses, new product pricing strategies, new markets for existing products, improved processes, marketing strategies, and targeting of new opportunities for growth. An ITC project typically involves a team comprising a faculty champion, an MBA student, and two undergraduate research assistants from relevant fields. Each project requires analytical rigor, critical thinking, and expertise in multiple disciplines to provide valuable guidance to industry at all phases of growth. Grants typically range from $500 to $2,000 and require a 1:1 cash match from the interested party.
Often, those engaged in innovation can stumble over legal issues. Early legal counsel can be instrumental in setting up corporation, researching intellectual property options and/or obstacles, or managing legal mistakes. Small grants are available to aid entrepreneurs in these areas when the need arises. Email Jake Marsh or Amy Bridger for details.