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

June - August
30 - 04
Application window for 2022 GIST Ukraine Business Incubation
October - April
01 - 02
GIST Business Incubation Ukraine Approximate Program Period
September
05
GIST Business Incubation Bhutan Begins


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

October 2022

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.

business incubation ukraine
September 2022

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.

Biz Inc Bhutan
November 2019

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.

biz inc 2019

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