The Inclusive Innovation Initiative (I-3) is a national outreach effort to increase the participation of minority business enterprises (MBEs) and minority-serving institutions in the national federal laboratory network.
To develop a practical, effective approach to inclusive innovation, I-3 will strategically engage MBEs and young entrepreneurs in the transfer and commercialization of federal research and Science, Technology, Engineering and Mathematics (STEM) expertise. The goal is to build a pipeline for minority innovators to gain access to America’s pioneering innovation ecosystems.
As the leading federal technology transfer clearinghouse for communities of color, the Minority Business Development Agency (MBDA) will focus on expanding opportunities for MBEs engaged in developing innovative business solutions in today’s top emerging industries and the innovations of the future.
Federal technology transfer, the process of commercializing STEM-based products and services born in government labs, is a key innovation tool for minority-owned businesses seeking access to top-notch research and cutting-edge technology discoveries. To support the next generation of innovators, MBDA will build and maintain an innovation ecosystem that is inclusive and leading-edge, which is a top priority of the U.S. Department of Commerce.
Source: Minority Business Development Agency
More information: https://www.mbda.gov/news/news-and-announcements/2016/08/how-work-lab