CBSEI success stories
ACHIEVEMENTS
The following events and achievements have been accomplished by the Terre Haute Innovation Alliance partnership:
Commercialization Assistance
- Innovation Alliance staff members have assisted each client company in commercialization projects, including grant proposals, entrepreneurship training, business counseling, technology development, etc.
- The alliance has admitted its fifth and final company in the program under the HUD grant
Marketing
- ISU is working on a more engaging and comprehensive website.
- Video clips are now available from the Idea-to-Business Seminar promoting the Innovation Alliance.
Funding
- The Innovation Alliance secured an SBA Grant in July, 2008 for the continuation of the program.
RHIC
- As part of the Rural Health Innovation Corridor initiative, CBSEI is looking into funding opportunities to build a new, full service, 12,000 sq. ft. business incubator with 30 offices/labs, several conference rooms, staff offices, and a reception area in the RHIC strategic area.
- This opportunity would dramatically increase the Innovation Alliance and CBSEI programs. Funding possibilities are currently being researched and evaluated.
Sourcing
- The Innovation Alliance is receiving inquiries and applications from a higher-than-ever number of interested companies.
Professional Education
- National Business Incubation Association (NBIA) 23rd International Conference on Business Incubation
- A representative from CBSEI attended the NBIA Conference in April in Kansas City, MO. The sessions and workshops will be focused on topics related to business incubation and entrepreneurial support building.
Innovation Alliance Initiative
- Provide significant value to commercialization-stage companies in the Terre Haute region and continues to gain recognition and interest at both the local and state level.
- The program has already made tangible impact and will continue to grow and become more visible in the near future.
- Innovation Alliance intends to accept more companies into the program through the recently-received SBA grant.
- Supplemental external funding is being sought to sustain the program and continue the entrepreneurial progress being made.