Guidelines for Using your Funds
Each team can use their seed grant of up to $3,000 dollars to de-risk the technology and explore the desired market. That NSF grant also will qualify the PI for further NSF funding. Each team is provided with an experienced industry mentor that can provide valuable market and program oversight. Teams will have access to additional funding for successful technologies though SBIR proposals and further NSF funding with the application for the Team Grant.
Please note that Travel is allowed, but is subject to University and Federal policies. Refer to the CMI Travel Guide for guidance on appropriate travel expenses and proper procedures.