Senior IPD Project Course

Rensselaer Polytechnic Institute - $15000.00

Proposal requests renewal of funding for E-Teams in Lehigh IPD program. Program is multi-disciplinary design and business development program run in conjunction with the Ben Franklin Incubator. Funding would enable 2 teams to develop prototypes and marketing & business plans. Teams are well supported and the IPD courses offer very good support for E-Teams including lectures and connection with industry and business mentors and access to the incubator center for successful projects. ITEM $ Requested $ Approved E-Team Prototype Development $4,000 $3,000 Technical services 2,000 1,000 Support services 4,000 1,000 Summer stipends for students 2,600 0 Equip 1,000 1,000 Supplies 200 200 Travel 200 200 Patent & legal 200 200 Market analysis 200 200 Business plan development 200 200 Posters, presentation mtls and reports 400 200 $15,000 $7,200 The proposal is very well rounded and likely to produce good E-Teams. The funding requested is quite high although the teams work on projects which are often quite complex and involve elaborate prototyping. Recommend funding at $7200 based on comparable expenses in the programs with the removal of internship expenses. Encourage applications for advanced support for summer funding Fund at reduced level of $7200.