Griffiss Institute declared the next group involved in the AFRL Commercialization Academy with the top eight startup teams. The AFRL Commercialization Academy is a curriculum of entrepreneurial education by the Griffiss Institute, funded by the Directorate of Information for the Air Force Research Laboratory. These eight startups will focus particularly on fields like health, big data analytics, information systems, and the industry of Unmanned Aircraft Systems (UAS). All these eight teams are selected from a pool of submissions from the applicants.
The teams will be "incubated and trained" as they develop their businesses around the United States. “The spring 2020 cohort is an impassioned group of startups with many creative ideas that can positively impact Central New York and the entire country,” Dan Fayette, AFRL Commercialization Academy program manager, said.
The startups will commence their work at the Commercialization Academy this month. These startups will be continuously engaging in weekly online classes and the remaining handpicked teams will batter their tech businesses to a panel of judges for a $300,000 piece of IDEA NY prize seed funding at a June Demo Day event. After Demo Day, qualifying teams will participate in the IDEA NY accelerator program that will "encourage the development and growth of promising entrepreneurs"