Welcome to Project Olympus!
Advanced Optronics Receives $650K NSF Grant
AO, a medical sensor technology startup, has been awarded a $650,000 National Science Foundation Convergence Accelerator Phase-I grant.
Power 3D Wins $75K DOE Microbattery Design Prize
Power 3D Inc is looking to commercialize a novel battery manufacturing process using 3D-printed lithium-ion batteries.
What is Project Olympus?
Project Olympus offers support and resources for CMU faculty, students, recent alumni, and staff who want to turn their cutting-edge research and great ideas into startups. Project Olympus is open to CMU entrepreneurs at any stage, from concept to business creation. At Project Olympus you will learn how to find product/market fit and develop a feasible business model to attract funding that will take your venture to the next level.
What Project Olympus has to offer:
- Assigned Business Coach who works with you to develop a personalized “roadmap”
- Expert Industry Advice
- Free Startup Space and expanded Maker workshop
- Funding Opportunities
- AWS Credits
Who is eligible?
Project Olympus is open to teams with at least one CMU affiliate founder (faculty, staff, undergrad, grad, postdoc, recent alum).
Ready to apply?
Applications are on a rolling basis, click here to get the support to help your startup be a success!
Program Coordinator, Project Olympus
The startup projects are the centerpiece of the enterprise. Here teams of faculty, students, or staff from across the campus explore the commercial potential of their research and ideas. Guidance is provided at every stage by the Project Olympus in-house entrepreneurs-in-residence and a network of economic development partners.
Project Olympus Show & Tell
Show & Tell 27 will be on Thursday, April 11, 2024 from 4:00-6:00pm in the Swartz Center for Entrepreneurship. More information coming soon!
Show & Tell 26 took place on April 13, 2023. See the video of the event below!
The Olympus Spark Grant Fund helps Olympus student startup projects kick-start their business ideas. Every semester, students submit proposals and pitch their ideas to investors, with winning projects going on to receive funds. The funds are provided by charitable gifts from alumni and other community donors.
Customer Discovery Kickstart Program
In this new program, early-stage startups will explore the feasibility of their business ideas. This program is designed to help early-stage startups determine product – market fit by connecting with potential customers and industry stakeholders. Through the process, teams will quickly gain insights into their intended market and use customer research techniques to inform the next steps in their entrepreneurial journeys.
What Are People Saying?
- Kelly Collier, CEO, ActivAided Orthotics *Acquired*
- Jay Reddy, Founder, Advanced Optronics Inc
- Shilpa Jais-Stewart, Co-Founder, Auntie LLC
- Bradford Holden, Co-Founder, Resilient Lifescience
- Michael Gee, Founder, Vetro
We invite you to join the supporters of Project Olympus. Your contributions will help us support commercialization by our best and brightest as vital to the growth and success of the university, the region, and the nation. Please choose which option works best for you:
Project Olympus - Project Olympus provides startup advice, micro-grants, incubator space, and connections for faculty and students across campus and with the wider regional, national, and global business communities. We help students, faculty, alumni, and staff turn their cutting-edge research and great ideas into startups.
Project Olympus Spark Grant Fund -The Olympus Spark Grant Fund helps Olympus student startup projects kick-start their business ideas. Every semester, students submit proposals and pitch their ideas to investors, with winning projects going on to receive funds. The funds are provided by charitable gifts from alumni and other community donors.
Lenore Blum Innovation Fund - The Lenore Blum Innovation Fund, named in honor of the founder of the Project Olympus Incubator Program, provides support for initiatives promoting diversity within the program. Project Olympus bridges the gap between cutting-edge university research and economy-promoting commercialization for the benefit of our communities.
Associate Director of Development
Blue Tree Capital Group
National Science Foundation
Pacven Walden Inc.
Pennsylvania Infrastructure Technology Alliance (PITA)
Stack Exchange Inc.
David A. Auerbach
Tony R. Berkman
Lenore and Manuel Blum
Eric C. Cooper
Marcel D. DePaolis
Mark W. and Stephanie Dorgan
Marc C. Guldimann
Caddy and John Harper
James Jacob Huttner, M.D., Ph.D.
Andrew S. Langsam Esq.
Kit and Cliff Needham
The Painter Family
Kyle J. Schriver
Adam Sohnen, M.D.
Carol K. Stockman
Rocco R. Tarasi III
Richard and Nancy Waichler
Justin David Weisz
Robert A. Wooldridge
Phil K. Yoon