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This is run by FedTech, which has a range of programs, and I'm not sure how their fee arrangement works. "FedTech was born in 2015 after participating in the N
by rexreed 6y ago
This is run by FedTech, which has a range of programs, and I'm not sure how their fee arrangement works.
"FedTech was born in 2015 after participating in the National Science Foundation’s Innovation Corps (I-Corps) program when we saw an opportunity to commercialize the ~$150B/year in federally funded R&D. We iterated on different concepts to materialize our vision, before landing on the most effective way to move cutting edge technology from the bench to the marketplace: the Startup Studio.
FedTech has since grown from a regional startup studio to an international company, offering a range of options to serve our different clients. Our impact has expanded significantly since our first Startup Studio in 2015, as we now work with fortune 500 companies, non-profit organizations, and forward-thinking government agencies in a number of capacities, while still remaining true to our mission of unlocking the benefits of technology through entrepreneurially minded people."
Folks should dig deeper into what the exact arrangement is before committing to anything.
- jonwachob91 6y ago>>This is run by FedTech, which has a range of programs, and I'm not sure how their fee arrangement works. From the link (no digging required): "There is no cost to participate, and for any team that launches their own venture through this studio, FedTech does not take any equity from the companies formed."