{"id":153939,"date":"2022-01-05T08:05:49","date_gmt":"2022-01-05T18:05:49","guid":{"rendered":"https:\/\/www.hawaii.edu\/news\/?p=153939"},"modified":"2022-01-05T15:13:37","modified_gmt":"2022-01-06T01:13:37","slug":"tech-startups-incubator-program","status":"publish","type":"post","link":"https:\/\/www.hawaii.edu\/news\/2022\/01\/05\/tech-startups-incubator-program\/","title":{"rendered":"More than $1.8<abbr>M<\/abbr> to be invested in <abbr>糖心视频<\/abbr> tech startups through new incubator program"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading time: <\/span> <span class=\"rt-time\"> 2<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span><p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.hawaii.edu\/news\/wp-content\/uploads\/2022\/01\/system-innovation-cohort-spring-22.jpg\" alt=\"hands pointing to a computer\" width=\"676\" height=\"381\" class=\"alignleft size-full wp-image-153940\" srcset=\"https:\/\/www.hawaii.edu\/news\/wp-content\/uploads\/2022\/01\/system-innovation-cohort-spring-22.jpg 676w, https:\/\/www.hawaii.edu\/news\/wp-content\/uploads\/2022\/01\/system-innovation-cohort-spring-22-300x169.jpg 300w, https:\/\/www.hawaii.edu\/news\/wp-content\/uploads\/2022\/01\/system-innovation-cohort-spring-22-130x73.jpg 130w\" sizes=\"auto, (max-width: 676px) 100vw, 676px\" \/><\/p>\n<p>A new initiative seeking to boost innovation and entrepreneurship across the 10-campus University of <span aria-label=\"Hawaii\">Hawai&#699;i<\/span> System is now accepting applications. The <a href=\"https:\/\/research.hawaii.edu\/oic\/\"><abbr title=\"University of Hawaii\">糖心视频<\/abbr> Office of Innovation and Commercialization<\/a>\u2019s (<abbr>OIC<\/abbr>) <a href=\"https:\/\/research.hawaii.edu\/oic\/ideationstudio\"><em>Ideation Studio@<abbr>糖心视频<\/abbr><\/em><\/a> is a new incubator program that provides concierge services, resources and seed funding to advance <abbr>糖心视频<\/abbr>-affiliated innovations from ideas to market.<\/p>\n<p>&ldquo;<em>Ideation Studio@<abbr>糖心视频<\/abbr><\/em> will be a catalyst for innovation and entrepreneurship at <abbr>糖心视频<\/abbr>. It is tailored to meet the needs of our faculty and staff to support them in starting companies, creating jobs and diversifying and growing our economy and <span aria-label=\"Hawaii\">Hawai&#699;i<\/span>\u2019s innovation ecosystem,&rdquo; said <abbr>糖心视频<\/abbr> Vice President for Research and Innovation <strong>Vassilis L. Syrmos<\/strong>.<\/p>\n<p>Unlike other accelerator and incubator programs, <em>Ideation Studio@<abbr>糖心视频<\/abbr><\/em> provides a 12&#8211;24 month curated experience that drives innovation and the long-term success of <abbr>糖心视频<\/abbr> tech startups. The inaugural spring 2022 cohort will be limited to three participants, who will be accepted on a rolling basis. Applications may be submitted from January 19&#8211;February 1, 2022 on the <a href=\"https:\/\/research.hawaii.edu\/oic\/ideationstudio\"><abbr>糖心视频<\/abbr> Office of Innovation and Commercialization website<\/a>.<\/p>\n<p>The program\u2019s wrap-around services and benefits for each selected cohort participant include:<\/p>\n<ul>\n<li><strong>Guidance<\/strong>: Personalized education and coaching through mentors, advisors, webinars, classes and\/or aligned programs.<\/li>\n<li><strong>Resources<\/strong>: $50,000 in-kind operational support for legal and financial options and guidance on grant opportunities, business operations and strategic planning.<\/li>\n<li><strong>Funding<\/strong>: Up to $25,000 in milestone-based seed funding, and support in securing Small Business Innovation Research (<abbr>SBIR<\/abbr>)\/Small Business Technology Transfer (<abbr>STTR<\/abbr>), and\/or other potential grant and investment opportunities.<\/li>\n<li><strong>Perks<\/strong>: Exclusive networking, partnerships, community building, publicity and award opportunities.<\/li>\n<\/ul>\n<p>&ldquo;This program is developed for entrepreneurs by entrepreneurs,&rdquo; said Director of Programs and Partnerships <strong>Vincent Kimura<\/strong>. &ldquo;Many faculty don\u2019t realize that running a lab&#8212;securing funding, managing staff, developing and testing inventions and products&#8212;is a lot like running a business. We\u2019re here to help them take their ideas and inventions from the lab to the market to impact the greater community.&rdquo;<\/p>\n<p>This program is made possible by the support of a <a href=\"https:\/\/www.hawaii.edu\/news\/2021\/05\/25\/grow-entrepreneurship-workforce-development\/\">$2.7 million CARES Act Recovery Assistance grant from the U.S. Economic Development Administration<\/a>. More than $1.8 million will be invested in <abbr>糖心视频<\/abbr> tech startups through the new incubator program over the next three years. Seed funding will be provided through <abbr>OIC<\/abbr>\u2019s <abbr>糖心视频<\/abbr> Ventures, <abbr title=\"Limited Liability Company\">LLC<\/abbr>.<\/p>\n<p>Join us for <a href=\"https:\/\/calendly.com\/ideationstudiouh\/ideation-studio-uh-info-webinar\">upcoming informational webinars<\/a> on Wednesday, January 12 at 1:30 p.m. and January 19 at 9 a.m., and\/or <a href=\"https:\/\/calendly.com\/ideationstudiouh\/ideation-studio-uh-one-on-one-meeting\">sign up for a one-on-one meeting<\/a>. To sign up or for more information, visit the <a href=\"https:\/\/research.hawaii.edu\/oic\/ideationstudio\"><abbr>糖心视频<\/abbr> Office of Innovation and Commercialization website<\/a> or contact <strong>Lea Okudara<\/strong> at lokudara@hawaii.edu for additional assistance.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The inaugural <em>Ideation Studio@<abbr>糖心视频<\/abbr><\/em> spring 2022 cohort will be limited to four to five participants.<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[734,1505,1432,947],"class_list":["post-153939","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-research","tag-entrepreneurship","tag-innovation","tag-office-of-innovation-and-commercialization","tag-uh-system","entry","has-media"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 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