Accelerating Student E-Team New Venture Creation through the Application of Industrial Design and Structured Seed Funding

Northeastern University, 2010 - $9,000

This grant, which builds on a previous NCIIA grant funding student technology projects in Northeastern University’s School of Technological Entrepreneurship, seeks to round out the program by adding two major components: 1) the inclusion of design students and mentors on E-Teams and funds for creating industry-grade prototypes, and 2) giving student teams access to incremental seed funding.

Northeastern will work in collaboration with the Massachusetts College of Art and Design. Students from the Mass Art Product Development Lab will be integrated into Northeastern’s I-Cubator teams. Based on student team investment pitches, teams will be given the opportunity to raise funds of up to $3,000, with a strategic focus on design as a key project component. At the end of the one-year program, projects may then be commercialized, returned to the I-Cubator for a second year, or terminated.