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Idaho industries, universities partner to win Idaho Global Entrepreneurial Mission (IGEM) grants
The Idaho Global Entrepreneurial Mission Council will award five grants to the University of Idaho and one each to Boise State University and Idaho State University, the council announced Tuesday.
The council received 18 applications for IGEM Innovation Grants and heard presentations from the finalists on Friday. Grants range from about $46,000 to $250,000, and $105,907 in remaining funds will be transferred to the Idaho Commerce Business and Jobs Development Fund to support infrastructure-related needs for job creation projects in Idaho.
Full Story: http://www.idahostatesman.com/2013/05/21/2584965/idaho-industries-universities.html
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iGem is a comprehensive strategy to enable Idaho’s stakeholders to collaborate and leverage resources with the goal of increasing the state’s knowledge-based economy. Successful implementation of iGem strategies will increase the research capacity of Idaho’s universities in strategic areas, develop a world-class talent pool, and develop dynamic consortium of industry, university and government partnerships. These economic drivers will generate globally competitive technologies, high-paying jobs, new startups and an expanded tax base. iGem will create an innovative ecosystem to sustain a thriving and top-performing economy.
IGEM will be accountable for its progress in implementing strategies by tracking key metrics and sharing the results with all stakeholders through a transparent process that includes reports, presentations, website and other outreach. These metrics include:
In Phase 1:
Number of senior researchers in key areas of strength recruited to Idaho universities
Number and dollar amount of external research grants awarded to expand research in areas of strength
In Phase II:
Number of invention disclosures filed for new technologies developed at Idaho research universities
Number of jobs generated by the inflow of federal and industry sponsored research dollars.
In Phase III
New start-up companies based on university intellectual property
New tax revenues to the State of Idaho
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