INNOVATION ALLIANCE GRANT FUNDS
innovation alliance history
- Founded April 17, 2007
- Initiative of the Terre Haute Innovation Alliance to boost economic development and educational efforts
- Local business owners benefit from university expertise and low cost solutions
- University students benefit from real world hands on projects and experience
- Chris Pfaff was later named director of the CBSEI office in May of 2007.
- The Terre Haute Innovation Alliance initiative has proven to be a big success for Terre Haute and the client companies.
- The Innovation Alliance intends to continue the program through the latest SBA grant and other additional grant applications.
- The program has already attracted and is continuing to attract innovative companies, many having a strategic alignment to the engineering and business expertise available through Rose-Hulman and ISU and with tremendous high-growth potential.
GRANTS FUNDS AVAILABLE FOR THE FOLLOWING CATEGORIES:
Discretionary Business Costs
Funds are distributed on a reimbursable timetable after prior approval
Indiana State University Commercialization Services
Office rental, interns, faculty expertise and services, etc
Rose Hulman Institute of Technology Commercialization Services
Programmers, engineers, interns, faculty expertise and services, etc