GIST Business Incubation

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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.

Get a behind-the-scenes look at the Business Incubation program here. Learn more about the entrepreneurs participating in the program here.

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:



About VentureWell

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].

Business Incubation was really very, very special. The whole experience--the learning, the mentors, the investors that we connected with. It helped us look at how we could scale our product and go from B2B serving mostly government agencies to seeing this huge population who need our solution at a B2C level. Plus just getting selected to participate in the program was so prestigious.
Rituparna Das
Rituparna Das
Co-founder of Hydrotec Solutions
We learned a lot of things we didn't even know existed. I just want to thank you all for this amazing opportunity. That we have people who are always trying to nudge you in the right direction so that we reach our success.
Vamekh Kherkheulidze
Vamekh Kherkheulidze
Co-founder of Elven Technologies

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