Applied Research Support Fund
To be considered for the current round, submit a preliminary one-page proposal to the Office of Industrial Liaison/Technology Transfer, 650 1st Avenue 6 Floor, Fax: 212-263-8189.
PURPOSE
The purpose of the Applied Research Support Fund (ARSF) is to encourage and promote the development of original research projects and technologies which have the near-term potential for licensing and commercialization.The Fund supports such activities as:
- The further development of technologies (methodologies, therapies, instrumentation, etc.) which have already demonstrated potential commercial appeal; and
- Expanded research on promising new compounds, techniques etc. whose potential applications have not been fully developed.
SUPPORT
Financial support from the Fund is meant to be used to hire technical assistance and to purchase adequate supplies in order to carry out the proposed work. Funds are not meant to supplement investigators salaries or to financially support graduate students. A maximum budget of $75,000 in direct costs may be requested. Funding is only for one year and can not be renewed.
APPLICATION PROCESS AND ADMINISTRATION OF THE FUND
Investigators who are full-time employees of the NYU School of Medicine are invited to submit a one page preliminary proposal at anytime throughout the year to Industrial Liaison/Technology Transfer. Preliminary proposals should provide a brief outline of the proposed project, indicate the stage of development of the research and convey pertinent information on its potential commercial applications. These proposals then will be reviewed by the Office of Industrial Liaison Office/Technology Transfer for commercial feasibility. Those investigators whose applications meet the ARSF Guidelines will be invited to submit a full-length, detailed proposal.
Completed applications will be evaluated for scientific merit by the ARSF Executive Scientific Advisory Committee, composed of five prominent scientists from our faculty appointed by the dean. In addition, representatives from Industrial Liaison/Technology Transfer will be available to the Committee for advice and consultation. When necessary, the Committee will seek appropriate referees from the University, other research institutions or industry to review proposals.The Committee will meet three times a year to recommend funding of suitable projects.
REQUIREMENTS OF FUNDED INVESTIGATORS
Successful applicants are required to submit a progress report at the end of the first 6 months of the project period, and a final report within a month of the end of the funding period. All funds must be used within one year of receiving the award.To ensure that potential patent rights are protected, before publishing or otherwise disclosing the results of studies supported by this fund, investigators are required to consult with Office of Industrial Liaison/Technology Transfer.
