The people trying to turn ideas into commerce at the University of Illinois have a $100,000 grant from the National Science Foundation in a program called AWARE. That'sAccelerating Women And underRepresented Entrepreneurs.
Click here for summary
Examples of embryonic entrepreneurship?
“We have one company that's looking at a novel way to detect chemicals using a smartphone,” says Research Park associate director Laura Bleill, who is co-principal investigator on the project. “Other companies are thinking about digital technologies. It varies between science-based startups – directly coming out of research – and just smart people who have smart ideas.”
Bleill says NSF approached the Research Park about this, based on existing relationships. Bleill says women tend to be risk-averse and thus less likely to become entrepreneurs.