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In yesterday's posting on EDA and incubators, I noted that EDA needs to move beyond a focus on bricks and mortar. They understand that and last month, EDA, along with NIH and NSF, announced a new technology commercialization grant called the I6 Challenge:

The i6 Challenge is a new $12 million innovation competition administered by the Economic Development Administration (EDA) of the U.S. Department of Commerce, in partnership with the National Institutes of Health (NIH) and National Science Foundation (NSF). EDA will award up to $1 million to each of six winning teams with the most innovative ideas to drive technology commercialization and entrepreneurship in their regions. NIH and NSF will award a total of up to $6M in supplemental funding to their SBIR grantees that are associated or partnered with the winning teams.

To read the full, original article click on this link: EDA moves into the technology commercialization business - The Intangible Economy

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