Is there funding available?

Teams successfully admitted into the national cohort may have the option to request reimbursement for customer discovery related expenses up to $25,000 based on availability of funds and adherence to institutional and programmatic policies.

 

What can be funded?

Eligible expenses include national cohort registration fees, travel (to and from the kickoff and finale) and accommodation (to and from the kickoff and finale). Throughout the program, teams are also required to schedule customer discovery related trips. Eligible expenses include trips to trade shows and local interviews.

Expenses prohibited by the New York City Regional Innovation Node (NYCRIN) include: laboratory research costs (including IT & software); administrative support costs; stipend to members of the team; marketing and legal costs; tuition; space, construction or renovation; furniture; publication expenses; or equipment (including computers).