| USC ETTC and the USC
Marshall School of Business are partners in a newly
awarded grant from the National Science Foundation
(NSF) to develop the National Network for Technology
Entrepreneurship and Commercialization (N2TEC). This
NSF award, totaling $600,000 over two years, will be
matched by another $600,000 from collaborating N2TEC
partners, bringing the total program cost to $1.2M.
NSF made the award to USC under its Partnerships for
Innovation Program. USC will create and implement
N2TEC as a national network to coordinate and
provide a variety of resources and knowledge so that
network users, particularly under-served schools and
communities, can collaborate and innovate.
Nearly 80% of the United
States does not share in the enormous wealth
creation generated by technology innovation and
entrepreneurship. The vast majority of the country
is struggling to find ways to generate new jobs, new
companies, and economic prosperity. Today about 40%
of states fall into the EPSCOR category, meaning
that they don’t receive the levels of research
funding that lead to technology commercialization
and economic development that their non-EPSCOR
counterparts do.
We believe that by
transferring viable technologies, commercialization
expertise, and resources from economically rich
areas to communities that meet the N2TEC standards
for readiness, we can create new companies, new
jobs, and bring economic prosperity to the
underserved regions of the country while positively
affecting the economic health of the U.S. as a
whole.
With the recent
addition of the N2TEC Commercialization Portal,
a proprietary virtual environment that supports
collaboration and the sharing of resources, we are
now moving into the second stage of development with
the founding of a national institute devoted to
bringing the wealth creation process to regions of
the country that are not enjoying the economic
benefits of high technology.
The USC ETTC is a founding
partner of this organization and provides IT and web
development support for the N2TEC public and
commercialization portal.
To learn more about n2TEC
please visit
http://www.n2tec.org |