With the pace of industry accelerating, industry is turning more and more to universities for state-of-the-art research and talent to stay ahead of the curve. Reflecting this trend, the State of Rhode Island recently announced iHub, a startup incubator and accelerator, as a new innovation campus to boost the commercialization of research at Rhode Island universities.
A partnership between Brown University, the University of Rhode Island (URI) and two premier accelerators, IBM Alpha Zone and MassChallenge, iHub will join the Brown School of Professional Studies (SPS) in Providence RI’s reinvigorated Jewelry District. SPS will be the anchor tenant in the District’s Wexford Innovation Center along with other tenants, Johnson & Johnson and the Cambridge Innovation Center.
This rich innovation ecosystem provides a unique opportunity for Brown Executive Master’s students to advance their careers and impact industry as part of a cutting-edge public-private partnerships designed to stimulate economic expansion, incubate innovation, and bring stakeholders together. In the Brown Daily Herald, Brown University President Christina Paxson shared,
We are excited to move forward with the University of Rhode Island and other partners in launching iHub, which will create new opportunities for collaborative ventures among entrepreneurs, industry and university research teams. By convening world-class startup accelerators IBM Alpha Zone and MassChallenge under one roof, iHub will amplify the innovation and discovery that continues to incubate in the Jewelry District.
Executive Director of Brown’s Office of Industry Engagement and Commercial Venturing (IECV) Daniel Behr shared,
iHub is about creating a critical innovation density. We want to maximize collisions between people interested in innovation and entrepreneurship, and iHub will be a bit like a docking station where individuals and programs that support innovation can hook into to make those collisions happen.
Brown’s participation in iHub is part of Brown and the Innovation Economy, an initiative launched by Brown Provost Richard Locke aimed at expanding the University’s economic impact. In addition to iHub, the initiative includes grants for undergraduate, graduate and executive MA student startups, an expansion of Brown Biomedical Innovations and other programs.
Learn more about the Brown School of Professional Studies new home at the Wexford Innovation Center.
Find out how you can join what the New York Times calls, a “buzzy hive of invention and collaboration.”