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NC State University (Chancellor's Innovation Fund / Office of Research Commercialization)

Chancellor's Innovation Fund

Gives NC State faculty, PhD students, and postdocs up to $96,500 a year, split between research funding and commercialisation support, to move NC State-owned technology toward licensing or investment.

The Chancellor's Innovation Fund (CIF) gives NC State faculty, PhD students, and postdocs up to $96,500 a year, split between research funding and commercialisation support, to move NC State-owned technology toward licensing or investment. Three to six awards are typically funded each cycle, and getting one starts with a two-page proposal plus a summary budget, judged first at a live Quick Pitch R…

CIF funding is open to NC State faculty, PhD students, or postdocs pursuing commercialisation of NC State-owned intellectual property, provided a named NC State Principal Investigator can accept and manage the award. The underlying technology must have an invention disclosure on file and must not already be licensed, optioned, or otherwise encumbered in the same field of use.

CycleiHow often this grant runs - e.g. annually, on a rolling basis, or a one-off call.Annual
Next deadlineiThe next date applications are due. Rolling means you can apply any time.-
Decision timeiTypical time from the deadline to the funder's decision.-
Project durationiHow long the funded work is expected to run.12 months
Award typeiThe form of funding - grant, equity, loan, tax credit, etc.Grant
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.-
Funding pooliThe total budget available across all awards in this round.-

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