Each I-Corps team will receive a $2,500 grant. Grants are available for one year from the beginning of the each cohort and may be used to support various entrepreneurial activities related to the program. Previous participants have used funding to:
- Purchase or rent materials for prototype development
- Defray the travel costs of entrepreneurial interviews, including taxi fare, airline tickets, and hotel stays
- Attend conferences
- Purchase educational materials or attend other educational programs
Funding may not be used to pay for business services (i.e., legal, accounting, etc.), to purchase electronic equipment, or to pay third-party service providers. The Polsky Center will work with participants to identify appropriate uses of program funding.