Admission
The Incubator Program welcomes executive summaries or business plans from companies that present a high value venture with the ability to attract National Science Foundation Small Business Innovation Research grants, angel investment or venture financing. The goal of the admission process is to identify “radical innovators” that are bringing an innovation to the marketplace that hasn’t existed before.
The admission process will identify companies that are developing an innovative, product idea or business concept in areas of information technology or engineering with clear path to commercialization; have management and/or a product development team with relevant experience in target industry or prior entrepreneurial ventures; have a strategy to access and defend significant share of target market; demonstrate realistic financial projections based on sound assumptions; develop a product that is less than 24 months from market ready; and have thought through an exit strategy.
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