Business Incubation Impact
35+
Number of Business Incubation startups
20+
Number of startups still connected to their incubators
$650k
Funding generated by Business Incubation startups
Important Dates
Business Incubation Overview
GIST Business Incubation brings together the best international science & technology innovators and American businesses to increase cross-market access and to create opportunities for collaboration. While in residence at incubators across the United States, entrepreneurs have opportunities to make connections with the local entrepreneurial ecosystem and build business relationships for potential partners and investors. GIST Business Incubation also helps American businesses gain awareness of global entrepreneurs, innovations and markets.
Happening now!
GIST just wrapped its program specifically designed for citizens of Bhutan and is currently running one specifically designed for citizens of Ukraine.
Business Incubation Success Stories
Vamekh Kherkheulidze of Elven Technologies
Elven Technologies is a high-tech personal protection equipment (PPE) company. Our first product is a technologically-advanced full body fire-proof suit with a cooling system to keep firefighters safe in the line of duty and help save lives.
Rituparna Das of Hydrotech Solutions
Hydrotec Solutions Private Limited has designed a Smart water ATM Kiosk that purifies and dispenses clean drinking water on pay per use basis, using sustainable energy.
Yakau Buta of StringersHub
StringersHub is a marketplace that connects stringers—freelance videographers and eyewitnesses—and media outlets, globally. Top media outlets can purchase “hot” material from these stringers.
Participating Incubators
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
GIST Business Incubation | Resources
Business Incubation Breaks New Ground
A cohort of founders from Bhutan is soon beginning their entrepreneurial journey in the United States, building experience and gaining insights that will take their ventures to the next level.
Business Incubation Innovator Receives Highest Award
Business Incubation participant Alyona Glushko who spent three weeks at the Center for Entrepreneurial Innovation in Phoenix, AZ, developed a novel innovation for heart safety.
Global Entrepreneurs Conclude Business Incubation Program
The GIST Business Incubation Showcase and Reception held on November 21 at the Halcyon incubator in Washington, D.C. included networking and pitches in front of investors and U.S. business experts.
Behind the Scenes of the First GIST Business Incubation Program
Nearly 30 innovative science and technology entrepreneurs representing startups from emerging economies worked at 10 U.S.-based incubators to learn how to expand their businesses into the United States market.
Ukrainian Innovation Rises to The Challenge
GIST has supported Ukrainian innovation across multiple fronts, including direct support of multiple Innovation Hubs spread throughout the country, as well as supporting Ukrainian innovators in attending global ecosystem events.
Business Incubation Past Events
GIST 2022 Ukraine Business Incubation
GIST Business Incubation Ukraine program, begun in the winter of 2022, brought 15 science and technology innovators to the U.S. for 6-month incubations at three top-tier partner organizations. Learn more.
GIST Business Incubation Bhutan
Fall 2022 saw GIST bring four inspiring innovators from one of the U.S.'s top partners in Asia--Bhutan! GIST's work on the ground in Bhutan led to a 2-week incubation program that helped to solidify the U.S's commitment to promoting science and technology cooperation. Learn more.
GIST Business Incubation 2019
The inaugural Business Incubation program saw 25 innovators from across the globe come for a deep dive into U.S. best practices followed by an investor showcase where select innovators pitched their startup solution. Learn more.
