Ideation Studio@UH

Ideation Studio@UH is a UH System-focused incubator program that provides concierge services, seed funding and resources specifically tailored to meet the unique needs of UH-affiliated, deep-tech startups.

Program Benefits

Program Core

FAQs

Ideation Studio@UH is a UH System-focused incubator program that provides concierge services, seed funding and resources specifically tailored to meet the unique needs of UH-affiliated, deep-tech startups.

Unlike other accelerator or incubator programs, Ideation Studio@UH is focused on long-term growth vs. short-term investments. The program is customized to meet the needs, demands and innovations of University of Hawai‘i faculty, staff, students and alumni, providing a longer incubation period (12-24 months) advancing startup pathways for deep-tech, high-impact innovations.

Ideation Studio@UH program cohort participants will receive hands-on guidance and support for 12-24 months.

Participants should assume a minimum commitment of eight (8) hours per week (or 32 hours per month). Program advisors will work with each participant to create individual milestone-based timelines tailored to the needs, goals and bandwidth of each cohort participant. Selected participants will also be required to attend program events.

Ideation Studio@UH is developed and operated by seasoned entrepreneurs and innovators, and focuses on providing a catered experience including:

  • Guidance: Comprehensive education and personalized coaching through mentors, advisors, webinars, classes and/or aligned programs;
  • Resources: $50,000 in-kind operational support including legal and financial options and guidance on grant opportunities, business operations, and strategic planning;
  • Funding: Up to $25,000 in milestone-based seed funding and support in securing Small Business Innovation Research (SBIR)/Small Business Technology Transfer (STTR) and/or other potential grant and investment opportunities; and
  • Perks: Exclusive networking, partnerships, community building, publicity and co-working space opportunities.

Startups that offer deep-tech innovations and have a UH affiliation may apply for this program in order to receive funding and support from this program. This must include:

  • Company: At least one member of the company (i.e. founder, executive, technical subject matter expert, researcher) must be either a UH System faculty, researcher, student, staff and/or alumni. Students and alumni must partner and apply with a current UH faculty and/or staff member.
  • Innovation: The technology must have originated and/or been developed through University of Hawai‘i research.

Applicants must have a UH-affiliated deep-tech innovation startup idea or company. Cohort members will be selected based on a 100-point scale:

  • Innovation: Technology maturity, product market fit, commercial potential
  • Impact: Local and global impact on community and economy
  • Experience: Past performance and experience, previous funding and progress

Other: Additional compelling factors ie: passion, entrepreneurial spirit, engagement

The inaugural Ideation Studio@UH Spring ‘22 cohort will accept three (3) participating companies.

For companies who are selected for investment, a SAFE (Simple Agreement for Future Equity) agreement will be executed.

The application for the Spring ’22 cohort deadline has passed. The Spring ’22 cohort will be announced on Feb. 16, 2022.

Ideation Studio@UH is supported by the U.S. Economic Development Administration (EDA) through a $2.7 million CARES Act Recovery Assistance grant. Seed funding for participants is provided  by UH Ventures, LLC.

For more information, email ideation@hawaii.edu.

 

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