To qualify for an I-Corps site grant, I-Corps Site Teams must be composed of three main members: the principal investigator, the entrepreneurial lead and the mentor. In the case of faculty-led teams working with an entrepreneur-in-residence at the Foundry, the teams are composed of:
- A faculty member or graduate student as the Project Lead (PL), serving as the technical lead and project manager.
- A postdoctoral researcher, graduate student, or other student, possessing relevant technical knowledge and a deep commitment to investigate the commercial landscape surrounding the innovation as the entrepreneurial lead (EL). The entrepreneurial lead should also be prepared to support the transition of the technology, should the I-Corps project demonstrate a level of readiness appropriate to leave the academic institution.
- The mentor is typically an entrepreneur-in-residence, bringing entrepreneurial experience and serving as the principal guide in determining the technology disposition.
In the case of Lean LaunchPad courses, teams are composed of:
- A Project Lead (PL), typically a postdoctoral researcher or graduate student, is the initiator of the business idea or innovation and serves as the project manager.
- A Technical Lead (TL), typically a postdoctoral researcher or graduate student, possesses relevant technical knowledge.
- An Entrepreneurial Lead (EL), typically an MBA student, brings expertise in technology commercialization and entrepreneurship.
All team members should possess deep commitment to investigate the commercial landscape surrounding the business idea or innovation.