The first White House Demo Day was on Tuesday, and is sometimes the case with White House events like this, the Administration took the time to announce other news related to the topic of the day. The topic of the Demo Day was entrepreneurship, and the related announcements included commitments from federal agencies and private companies to further support entrepreneurship, with an emphasis on increasing participation from underrepresented groups.
One of the government announcements concerned the Innovation Corps, or I-Corps, started at the National Science Foundation in 2011. The program pairs government-funded scientists and engineers with entrepreneurs to assist them in translating their lab work into marketable products. Since the 2011 launch the I-Corps is now part of two Energy Department components (the Advanced Research Projects Agency – Energy, and the Office of Energy Efficiency and Renewable Energy) and the National Institutes of Health (NIH). The expansion announced this week will include the following agencies:
- NIH will expand its I-Corps program to include projects funded through the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) as well as some programs at the National Center for Advancing Translational Sciences.
- Several programs at the Department of Defense.
- The National Security Agency will start an I-Corps program geared toward the Intelligence Community which would be expanded to three other intelligence agencies.
- The Agricultural Research Service and the National Institute of Food and Agriculture at the Department of Agriculture.
- The Science and Technology Directorate of the Department of Homeland Security will put its SBIR-funded researchers through the I-Corps program.
- The Small Business Administration will use I-Corp curricula for several of its resource and mentorship organizations, including the Small Business Development Centers.
Do read the full fact sheet to learn of the other announcements made by the administration on Demo Day.