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The fall Growth Fund application is available. Apply now!
Moving Innovation Closer to the Market
The OU Growth Fund strengthens the commercial potential of disclosed University of Oklahoma innovations, and is available to researchers on all three campuses who seek funding for prototypes, additional research results, and/or “gap” funding to keep a program in place during transition.
Recipients are selected each semester after evaluation by a Growth Fund committee consisting of the Executive Director of the Office of Technology Development, the Vice President for Research of each campus, a member of the faculty of the Entrepreneurship and Economic Development Division of the Price College of Business, and an outside advisor.
The Growth Fund is a campus-specific fund outlined in the OU Intellectual Property policy and is created by historically-generated revenues from technologies on that campus. Award amounts for Norman and Norman-affiliated researchers in Tulsa are up to $50,000. For OU Health Sciences Center and HSC-affiliated researchers, the awards are up to $75,000.
In addition to funding, Growth Fund winners will receive commercialization-focused training, including a requirement to apply for participation in the National Science Foundation (NSF) I-Corps program.
• This fund is intended for shorter term, commercially-focused research projects and not to support basic research.
• Proposed projects must intend to move an innovation closer to the market.
• Projects funded in fall 2017 must begin no later than March 1, 2018.
• All applicants must have a disclosure on file with the Office of Technology Development. More about the disclosure process can be found here.
• Applicants should be dedicated and able to participate in activities related to the commerciaization of their technology.
If you have not already disclosed your invention, it is beneficial to do so as soon as possible in advance of your Growth Fund application. This allows us to fully understand your discovery before evaluating your proposed project and funding request.
Step 1: Submit a Growth Fund application by Sunday, Sept. 24, 2017.*
Step 2: You will be notified by Monday, Oct. 16 if your application has moved to the full proposal stage. Full proposals are due in late October. Applicants who are invited to submit full proposals will also be required to participate in pitch presentations in early November. (Dates to be announced soon.)
Step 3: 10-minute pitch presentation to Growth Fund committee.
Step 4: Award recipients announced by early December.
* For your application to be considered, you must have a disclosure on file with the Office of Technology Development.
Fall 2017 Timeline
|Step 1: Application available||Monday, August 28|
|Application due||Sunday, September 24|
|Step 2: Full proposals invited||No later than Monday, October 16|
|Full proposals due||Late October (TBD)|
|Step 3: Pitch presentations to Growth Fund committee||Early November (TBD)|
|Step 4: Recipients announced||Late November/Early December (TBD)|
|Projects begin & funding available||No later than March 1, 2018|
Questions? Contact Annie Smith, Growth Fund Coordinator, at (405) 325-0719 or firstname.lastname@example.org.