i6 Challenge: a $12M innovation competition from the U.S. EDA – apply by 7/15/10

The i6 Challenge is a new $12 million innovation competition administered by the Economic Development Administration (EDA) of the U.S. Department of Commerce, in partnership with the National Institutes of Health (NIH) and National Science Foundation (NSF).

EDA will award up to $1 million to each of six winning teams with the most innovative ideas to drive technology commercialization and entrepreneurship in their regions. NIH and NSF will award a total of up to $6 million in supplemental funding to their SBIR grantees that are associated or partnered with the winning teams.

EDA encourages entrepreneurs, investors, universities, foundations, and non-profits to participate in the i6 Challenge. The deadline for applications is July 15, 2010. For more information, email i6@doc.gov, check out the Frequently Asked Questions, and join the upcoming i6 Challenge conference call in June.

Visit http://www.eda.gov/i6 for more information.

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