Idea Lab Incubator Program 2022 for Social Entrepreneurs

Application Deadline: June 6, 2022

 The American Society of Mechanical Engineers (ASME) is now accepting applications from aspiring social entrepreneurs worldwide for the first round of its Idea Lab incubator, a new program that extends the reach of the ASME Innovation Showcase (ISHOW) hardware accelerator platform. Idea Lab is open to individuals and teams who have identified a pressing social and/or environmental challenge they think could be addressed through a hardware-led innovation. Applicants can submit either an engineering problem statement or a conceptual hardware solution that, once developed and scaled, will have a positive impact on vulnerable populations.

With the addition of the Idea Lab incubator, ASME moves “upstream” to aid budding social entrepreneurs in developing and implementing their social impact hardware concepts from the pre-prototype stage and filling the pipeline for future ISHOW participants poised to bring those innovations to the communities who need them.

The prestigious ISHOW international accelerator of hardware-led social innovation has enabled over 180 startups from more than 30 countries to solve critical quality-of-life challenges for underserved communities worldwide. ISHOW alumni have developed affordable and sustainable hardware solutions addressing many of the challenges outlined by the United Nations’ Sustainable Development Goals, including access to healthcare diagnostics, clean energy, water, sanitation, and affordable agricultural innovations to help end hunger and food waste.  

Requirements

• Entrepreneurs, academics, engineers, designers, students, hobbyists, and others with an innovative mindset, passion for solving urgent problems, and willingness to learn are encouraged to apply for this customized learning and mentoring opportunity.
• Interested applicants can access free educational resources on the ISHOW website to familiarize themselves with the design process before submitting an Idea Lab application.

Benefits

• An initial cohort of Idea Lab candidates will be engaged in the program for six to 18 months, depending on their stage of development, technical knowledge, and required mentorship.
• They will receive a range of benefits, including guidance through the design process, expert mentorship and assessment, access to design services, design and engineering software/tools, and funding to cover prototyping expenses.
• Candidates can expect to spend an average of two to four hours per week split between flexibly scheduled meetings and self-paced learning modules.
• Mentors include industry professionals with expertise in research, design, engineering, business development, and more. Idea Lab candidates will work closely with Engineering for Change Fellows who will guide them through their technology development journey.

For More Information:

Visit the Official Webpage of the Idea Lab Incubator Program 2022