Gates Grubstake Fund
Provides gap funding for faculty projects reaching prototype or proof-of-concept commercialization stage.
The Gates Grubstake Fund sits under Caltech's Office of Technology Transfer and Corporate Partnerships and provides gap funding for faculty-led projects that can reach prototype or proof-of-concept stage. It was established in 1994 with a gift from Charles C. Gates Jr., and it is aimed at technology that could still move toward commercialization. Awards are typically $50,000 to $150,000 in direct costs, with budgets expected to fit milestones that can be completed in 6 to 18 months. Eligibility is limited to Caltech professorial faculty, the cycle is annual, one proposal per faculty member is allowed, and the 2026 call was closed at the time of capture. Selection favors scientific merit, market potential, and a credible path to commercialization, with review from Caltech and external members who bring business and venture experience. The strongest fit is a faculty project that can use modest capital to de-risk a clear translational step and point toward startup formation.
No upcoming rounds verified. Cadence: Annual.