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Limited Submission: VentureWell Faculty Grants

Supports faculty with innovative ideas to create new or transform existing courses and programs to help students develop novel, STEM-based inventions and gain the necessary entrepreneurial skills needed to bring these ideas to market.

Summary

VentureWell Faculty Grants provide up to $30,000 to help fund and support faculty with innovative ideas to create new or transform existing courses and programs to help students develop novel, STEM-based inventions and gain the necessary entrepreneurial skills needed to bring these ideas to market.

VentureWell seeks proposals for areas that will support the emerging generation of inventors and innovators and the i&e ecosystems critical to their success.

VentureWell awards up to $30,000 grants (with a duration of three years) to colleges and universities for the purpose of strengthening existing curricular programs and/or building new courses and programs that engage student teams in developing and pursuing scalable solutions to real world needs through I&E. More specifically, Faculty Grants support faculty and staff who are committed to inclusive support of students who are creating innovations for positive social and environmental impact. VentureWell seeks proposals with innovative ideas related to the development of new courses and programs or to strengthen existing courses and programs, with the end goal of developing novel inventions and technologies. VentureWell hopes that support from these grant funds will lead to effective courses and programs that are sustained by the institution; lead to the creation and support of student teams; and propagate curricular innovations to expand opportunities for learning, inventing, and fostering I&E.

Proposals may include plans for creating or improving an individual course, course sequence, minor, major, certificate program or other co- and extracurricular programs that support I&E focused course and program efforts. Focus areas include but are not limited to:

  • General (science- and technology-based) entrepreneurship
  • Sustainable technology (new materials, clean tech, green energy and chemistry innovation)
  • Climate change solutions (technology to mitigate and/or adapt to climate change), especially technologies that support communities most impacted by climate change
  • Biomedical and healthcare innovation
  • Information technology innovation
  • Technology that addresses poverty alleviation and basic human needs

Please read the full program announcement before preparing your internal application.

Award Amount

  • Grants of up to $30,000 total may be requested
  • Duration of the grant is three years

Eligibility

To apply you must:

  • Be at a US college or university
  • Be faculty or staff at a VentureWell member institution
  • Be proposing a new course/program or strengthening an existing course/program that is focused on STEM entrepreneurship

Selection Criteria

VentureWell grants are competitive. Successful proposals will:

  • Align with the aims of the grant to create or strengthen curricular programs or courses that engage student teams in developing and pursuing scalable solutions to real world needs through I&E:  
    • Proposals should include a description of how your course or program will broaden participation in S&T I&E, specifically by engaging students from URGs, through creative pedagogical approaches to achieve proposed outcomes. 
    • Please include a description of how your course or program seeks to support sustainability-focused solutions (see definitions in Appendix), especially in markets that serve people from URGs.
  • Provide students with a meaningful experience, including opportunities for: 
    • Experiential learning-by-doing and opportunities to solve real world problems. 
    • Forming student-led teams focused on technology invention, innovation, and entrepreneurship with a positive environmental and social impact. 
    • Applying to VentureWell’s E-Team program. Learn more here.
  • Set the stage for sustained institutional change. A recent retrospective study highlighted the importance of the following factors in sustaining work started under VentureWell’s Faculty Grant program: 
    • A multidisciplinary, collaborative team approach
    • Well-defined connections to a supportive entrepreneurial ecosystem beyond the proposed course or program. (Schools that are just beginning to grow their I&E ecosystems are encouraged to apply—please describe how this course or program is part of a larger plan for entrepreneurial ecosystem development. A letter of support from an administrator acknowledging this effort is highly recommended)  
    • Campus-based champions and plans for continuation and financial sustainability of the course or program after VentureWell funding, as demonstrated in letters of support 
  • Support an equity focus. Course/program should include faculty and mentors with a wide range of backgrounds and expertise to support students, especially students from URGs.  

Limitation Details

An Institution may submit two proposals.

If you are interested in submitting for this program, you must first submit an internal application to limsub@uga.edu according to the required instructions below.

Internal Applications must include the following:

  • A cover page listing
    • The name of this funding opportunity and title of your proposal
    • Your name, UGA position, home department, email, and UGA contact information
    • Collaborator names, positions, and institutions (if any)
    • Indicate whether or not you have submitted to this program in the past. If so, please provide a copy of the review at the end of the internal application.
  • A (maximum two-page) proposal summary that addresses the program’s specific selection criteria.
  • One paragraph describing why this proposal should be UGA’s submission (i.e., why it will be the most competitive for this program)
  • Curriculum vitae

Internal Selection

Limited Submission announcements often generate multiple competing proposals.  UGA reviewers judge proposals as they would in any peer review process, so PIs are urged to put their best foot forward.  Along with typical criteria, reviewers will evaluate internal proposals based on their fit with the sponsor’s articulated goals and criteria.

Internal Submission Instructions

The above internal application materials should be submitted via email as a single .PDF file to limsub@uga.edu by the internal deadline listed above.

Questions?

Please submit questions regarding the internal competition to limsub@uga.edu.

For questions directly related to this program, please contact Patricia Boynton, Grants Manager, at 413-587-2172 x115 or grants@venturewell.org.


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