U.S. Commerce Secretary Gary Locke today announced the winners of the i6 Challenge, a new $12 million innovation competition led by the U.S. Department of Commerce’s Economic Development Administration (EDA), in partnership with the National Institutes of Health (NIH) and the National Science Foundation (NSF).
The i6 Challenge seeks to identify and support the nation’s best ideas for technology commercialization and entrepreneurship in six different regions of the country. The winning team from each region will receive $1 million from EDA to support their project and may be eligible for additional awards from NIH and NSF.
“I applaud the winners of the i6 Challenge on their tremendous achievement,” Locke said. “Each of the winners exemplifies the entrepreneurial spirit that drives innovation and will help move America forward by increasing our competitiveness around the world. The i6 Challenge represents a key component of President Obama’s innovation strategy - to move great ideas from the lab to the marketplace to create jobs and economic growth.”