Originating from the earlier Cornell Technology Acceleration and Maturation (CTAM) funding initiative, Ignite underwent a major reimagination in 2021 to expand its scope, scale, and impact. Supported by strong institutional leadership— including funding from the Provost’s Office—along with a generous $1 million gift from Peggy J. Koenig ’78, Ignite now provides up to $2.2 million annually in gap‑funding support.
Since its reimagining, Ignite has become a catalyst for innovation, bridging the gap between research and commercialization and creating new opportunities for inventors, entrepreneurs, and partners.
The first Ignite Impact Report, released in January 2026, highlights the program’s significant results. Ignite‑supported projects have attracted $231 million in follow‑on funding, reflecting a 42:1 ratio for every Ignite dollar invested. Thirty‑eight new licenses and options have been executed, and 32 startups have secured substantial funding for growth. The report also features stories from across Ignite’s three signature funding mechanisms, illustrating the wide-ranging impact of early-stage de-risking.
Visitors are invited to explore the Ignite Impact Report and engage with Cornell’s vibrant innovation ecosystem.







