The U.S. Department of State’s Global Innovation through Science and Technology, or GIST, Initiative launched this new program in the fall of 2019 for entrepreneurs in emerging economies. GIST Business Incubation brought together the best international science and technology innovators and American businesses to increase cross-market access, open doors for joint ventures, and gain investor exposure. It also provided the U.S. startup ecosystem the opportunity to forge new connections with entrepreneurs who are abroad.
The GIST Business Incubation launched in 10 cities across the U.S., bringing 29 innovative, global startups to unique, startup ecosystems across 9 states.
The 2019 GIST Business Incubation program provided entrepreneurs with exposure to the U.S. market and startup resources. While in residence with the program, participants worked on refining their ideas, building their business plans, and finding the right market for their product. Participating entrepreneurs also had the opportunity to network within the startup ecosystem where they were placed.
These startups represent GIST countries from across the globe and are from a variety of sectors in the science and technology fields.
The following incubators participated in the 2019 program:
- TechTown Detroit - Detroit, Michigan, USA
- Purdue Foundry - West Lafayette, Indiana, USA
- mHub - Chicago, Illinois, USA
- University of Colorado, Colorado Springs, Colorado, USA
- Center for Entrepreneurial Innovation - Phoenix, Arizona, USA
- University of Arizona Center for Innovation - Tuscon, Arizona, USA
- The Station - Houston, Texas, USA
- DuBose and DuBose - Cleveland, Ohio, USA
- University of Memphis Research Foundation, Research Park- Memphis, Tennessee, USA
- Project UK - Kansas City, USA
The program, presented with implementation partner VentureWell, was hosted in business incubators located across the United States.
VentureWell is a nonprofit organization that supports the creation of new ventures from an emerging generation of science and technology inventors and supports the innovation and entrepreneurship ecosystems that are critical to their success.
If you have questions about GIST programming please send us an email at [email protected].