Education
National Collegiate Inventors & Innovators Alliance
HADLEY, MA
Total revenue
$116.6M
Total expenses
$110.8M
Net assets
$34.0M
Grants received
$12.3M
17 grants
EIN
421727335
Tax year
2023
Mission
VentureWell is on a mission to cultivate a pipeline of inventors, innovators, and entrepreneurs driven to solve the world's biggest challenges and to create lasting impact. We foster collaboration among the best minds from research labs, classrooms, and beyond to advance innovation and entrepreneurship education and to provide unique opportunities for stem students and researchers to fully realize their potential to improve the world.
Programs
2 programs
In addition to the 3 grants programs outlined on lines 4a through 4c, NCIIA also: a) awards other types of grants primarily to institutions of higher education in keeping with the organization's mission of promoting invention, innovation and entrepreneurship; b) offers membership to colleges and universities across the U.S., which afford member institutions the opportunity to attend NCIIA-sponsored events at reduced rates, tap into the NCIIA network, and to apply for NCIIA grants; c) conducts workshops and events, including but not limited to an annual conference and workshops designed to teach technology entrepreneurship basics and how to enhance success of commercializing inventions and innovations; and d) invests in select ventures emerging from U.S institutions of higher education.
I-Corps Program - VentureWell led courses engage participants in moving products out of the lab into the market by talking to potential customers, partners and competitors, and encountering the challenges and uncertainty of creating successful innovations.
Financials
FY 2023
Revenue
Expenses
People
22 listed
Philip Weilerstein
President & CEO
$346K
35 hrs/wk
Rodney Priestley
Director
—
1 hrs/wk
Youseph Yazdi
Director
—
1 hrs/wk
Jerry Engel
Emeritus Board Member
—
1 hrs/wk
Abigail Barrow
Chair
—
1 hrs/wk
Donna Petkanics
Emeritus Board Member
—
1 hrs/wk
Paul Yock
Emeritus Board Member
—
1 hrs/wk
Mike Malone
Emeritus Board Member
—
1 hrs/wk
Todd Warren
Treasurer
—
1 hrs/wk
Mike Marasco
Secretary
—
1 hrs/wk
Gilda Barabino
Director
—
1 hrs/wk
Carol Dahl
Director
—
1 hrs/wk
Monica Dean
Director
—
1 hrs/wk
Jose Estabil
Director
—
1 hrs/wk
Randy Lewis
Director
—
1 hrs/wk
Christopher Desrosiers
VP, Fin & Admin (Non-Director)
$227K
35 hrs/wk
Mark Marino
VP, Growth Strategy
$222K
35 hrs/wk
Ursa Scherer
VP, People & Culture
$218K
35 hrs/wk
Demetria Gallagher
VP, Higher Ed Innov. Ecosystems
$216K
35 hrs/wk
Christina Tamer
VP, Ventures
$190K
35 hrs/wk
Rebekah Neal
VP, Commercialization
$176K
35 hrs/wk
Jennifer Holme
Chief of Staff, Asst. Sec. (Non-Director)
$148K
35 hrs/wk
Independent contractors
Sapphiros LLC
Program Delivery
CovarsaDx Corporation
Program Delivery
L3 Healthcare LLC
Program Delivery
AxteriaBioMed Consulting Inc
Program Delivery
Maxim Biomedical Inc
Research and Development
Grants received
Showing 17 of 17
Funded by
$12.3M from 11 funders · 17 grants · 2020–2024
$9.3M · 4 grants · 2020–2023
$1.5M · 1 grant · 2020
$440K · 1 grant · 2022
$330K · 2 grants · 2022–2023
$219K · 1 grant · 2023
$120K · 1 grant · 2020
$105K · 1 grant · 2022
$100K · 1 grant · 2023