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2430342

Cooperative Agreement

Overview

Grant Description
NSF I-CORPS HUB (TRACK 1): New England region - The broader impact/commercial potential of this Innovation Corps (I-CORPS) Hub project is to provide training to scientists and engineers to support translation of critical emerging technologies.

The Hub is a consortium of universities spanning the New England region.

Many of these researchers are located in rural and disadvantaged areas lacking access to the resources found in a robust innovation ecosystem.

The Hub aims to reduce this disparity by connecting I-CORPS participants with curated resources and mentoring to enhance place-based innovation across New England.

The goal is to have an impact on local economies, generating good-paying jobs, revitalizing manufacturing, and accelerating new industries.

The Hub will strive to ensure the participation of all Americans, including those from groups traditionally underserved in innovation and entrepreneurship.

In addition, the Hub plans to proactively recruit participants from institutions that are not Hub partners.

I-CORPS training will form the foundation to grow an entrepreneurially minded professional science, technology, engineering and mathematics (STEM) workforce and develop new products and services to benefit society and increase regional and U.S. competitiveness.

This I-CORPS Hub project is based on the development of a regional network that provides STEM researchers throughout New England with inclusive I-CORPS entrepreneurial training, mentoring, and support.

The goal is to promote and accelerate the translation of fundamental research to products and services that improve societal well-being and drive economic growth.

While participants from all STEM disciplines will be recruited, emphasis will be on the technological national goals in the CHIPS and Science Act of 2022, as well as those benefiting local communities, such as Bluetech, forestry, sustainability, and biotech/life sciences.

The Hub will deliver I-CORPS training on a large scale and high frequency to researchers throughout the region via both online and in-person courses reaching higher education colleges and universities.

This training will be accomplished by co-teaching using a regional instructor pool from all partner institutions with continual skill development.

In addition, the number of researchers participating in I-CORPS is expected to grow and be more diverse, generating significant new deep tech ventures while increasing the odds of commercial success and societal impacts.

Outreach will be a primary activity of the Hub to ensure that all researchers in New England have the opportunity to participate in I-CORPS and benefit from this training.

This award reflects NSF's statutory mission and has been deemed worthy of support through evaluation using the Foundation's intellectual merit and broader impacts review criteria.

Subawards are planned for this award.
Funding Goals
THE GOAL OF THIS FUNDING OPPORTUNITY, "NSF INNOVATION CORPS HUBS PROGRAM", IS IDENTIFIED IN THE LINK: HTTPS://WWW.NSF.GOV/PUBLICATIONS/PUB_SUMM.JSP?ODS_KEY=NSF24532
Awarding / Funding Agency
Place of Performance
Cambridge, Massachusetts 02139-4301 United States
Geographic Scope
Single Zip Code
Analysis Notes
Amendment Since initial award the total obligations have increased 100% from $3,000,000 to $6,000,000.
Massachusetts Institute Of Technology was awarded I-CORPS Hub: New England STEM Innovation Training Cooperative Agreement 2430342 worth $6,000,000 from National Science Foundation in January 2025 with work to be completed primarily in Cambridge Massachusetts United States. The grant has a duration of 5 years and was awarded through assistance program 47.084 NSF Technology, Innovation, and Partnerships. The Cooperative Agreement was awarded through grant opportunity NSF Innovation Corps Hubs Program.

Status
(Ongoing)

Last Modified 8/21/25

Period of Performance
1/1/25
Start Date
12/31/29
End Date
15.0% Complete

Funding Split
$6.0M
Federal Obligation
$0.0
Non-Federal Obligation
$6.0M
Total Obligated
100.0% Federal Funding
0.0% Non-Federal Funding

Activity Timeline

Interactive chart of timeline of amendments to 2430342

Subgrant Awards

Disclosed subgrants for 2430342

Transaction History

Modifications to 2430342

Additional Detail

Award ID FAIN
2430342
SAI Number
None
Award ID URI
SAI EXEMPT
Awardee Classifications
Private Institution Of Higher Education
Awarding Office
491503 TRANSLATIONAL IMPACTS
Funding Office
491503 TRANSLATIONAL IMPACTS
Awardee UEI
E2NYLCDML6V1
Awardee CAGE
80230
Performance District
MA-07
Senators
Edward Markey
Elizabeth Warren
Modified: 8/21/25