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department of commerce

$7 Million Investment Supports Projects Spurring Technology Commercialization and Small Business Development in Seven States 

The Obama Administration today announced the winners of the third round of the i6 Challenge, a national competition to advance American innovation, foster entrepreneurship, increase the commercialization of ideas into viable companies, and create jobs. The initiative seeks to accelerate innovative product development, spur the formation of start-ups, and create small businesses by supporting Proof of Concept Centers at universities and research consortiums across the country, which are helping to jumpstart the production of emerging technologies and revolutionize manufacturing processes.

To read the original article: U.S. Department of Commerce : Obama Administration Announces Winners of i6 Challenge Competition to Promote Innovation, Entrepreneurship and Job Creation