The Startup Factory accepts applications twice per year for a program cycle each academic semester. Candidates with I-Corps graduations planned before the program start will be given additional consideration. See I-Corps program schedule here.
Selections for participants are made on the basis of founder/PI preparedness and their strong desire to pursue commercialization. Evidence of commercial demand or market need and IP status will be reviewed. Applications are reviewed on a rolling basis, with program sessions starting in early August and early January.
For innovations and technology led by ISU faculty and graduate/post-doc PIs: Faculty and PIs will agree to attend a session facilitated by a startup attorney to discuss founders’ agreements, and ownership planning. The expectation is that steps will be taken by the founders to outline these plans, in writing. It is preferred that this consultation and the resulting decision are completed prior to the start of the program.