StartUP FIU, an initiative aimed at supporting innovation among students, faculty, alumni and community members, encompasses three new incubators and an accelerator program that is accepting applications for the first cohort starting in September. Additionally, the initiative will leverage FIU’s many existing entrepreneurship resources including the Small Business Development Center, Pino Entrepreneurship Center, AshokaU, Tech Station, and Miami Beach Urban Studios.
“We see a need to provide entrepreneurship education in the hands-on setting of an incubator to better prepare our students and others to create jobs,” said FIU President Mark B. Rosenberg. “StartUP FIU gives our students, faculty and entrepreneurs in our community a place to take their ideas and launch scalable ventures.”
StartUP FIU also will focus on the commercialization of scientific discoveries and cutting edge technologies developed by FIU faculty, leveraging its $165 million of research a year and its science, technology, engineering and math (STEM) talent. FIU graduates more Hispanics with STEM degrees than any other university in the nation, making it a great environment to foster technology innovation. In April, FIU announced plans to build a new $150 million engineering facility designed to enhance collaboration between engineers and life sciences researchers with an eye toward innovation.