The Rutgers University Center for Urban Entrepreneurship and Economic Development’s (CUEED) Pipeline to Inclusive Innovation (PII) Initiative aims to increase the number of under-represented inventors, scientists and technology-focused minority business enterprises (MBEs) engaged in federally-funded innovation and technology programs.
The MBDA is an agency of the U.S. Department of Commerce that helps to create and sustain U.S. jobs by promoting the growth and global competitiveness of businesses owned and operated by minority entrepreneurs. The MBDA works throughout the Nation to link minority-owned businesses with the capital, contracts, and markets they need to grow. They advocate and promote minority-owned business with elected officials, policy makers, and business leaders. Serving as subject matter experts and advocates for the minority business community, the MBDA conducts high quality research and cultivate domestic and international relationships.
CUEED PII is a federally funded initiative of the U.S. Minority Business Development Agency. Through the MBDAs mission to increase the number of MBEs that participate in Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. CUEED PII will provide comprehensive training and support around three key stages of the commercialization process:
Under-represented inventors, scientists and technology-focused MBEs at the primary stage of technology development will increase their awareness of federal technology transfer programs.
MBEs who have new, commericalizable technologies or have plans to develop them, will gain assistance in forming companies and applying to SBIR)/STTR programs.
MBEs who have received Phase 1 SBIR/STTR awards will learn how to prepare for successful Phase II proposals.
Rutgers University was awarded $407,668 to launch the Minority Tech Entrepreneurship, Innovation and Commercialization Initiative from the Minority Business Development Agency.