Dates & Deadlines
The current application cycle is closed. Information about future Embark opportunities will be posted soon. Sign Up for Updates
Embark is designed to launch new early-stage companies that commercialize innovations created in CU Boulder’s research labs. Entrepreneurs completing Embark and executing an IP option or license agreement will have access to CU Boulder’s array of startup programs and resources, including the Lab Venture Challenge, Ascent deep tech accelerator, Destination Startup and the Buff Venture Fund.
Select Embark participants will be offered an option or license to their chosen innovation. More details on startup licensing
Technology development funds will be offered to select Embark participants in the form of grants to the inventing lab at the University of Colorado Boulder. Funds are used to further advance the innovation toward commercialization. The grant is not offered or paid to the startup company.
Select Embark participants will be offered a salaried position at the University of Colorado Boulder as an Executive in Residence (EIR). The EIR role provides salary support for the founding CEO as they launch the company. EIRs must complete standard hiring processes at the University of Colorado Boulder, including a background check. EIR positions are 33% time for 6 months and are pro-rated from an annual full-time salary of $148,000. This temporary position is not eligible for benefits.
Embark is a competitive program. Not all applicants will be accepted to participate in Embark. Not all Embark participants will be selected to be offered an option/license, technology development grant and/or EIR position.
No option agreement, license agreement, employment or grant is offered or issued until provided in writing and signed by an authorized individual at the University of Colorado Boulder. The University of Colorado Boulder reserves the right to change the details and conditions of Embark.