The Innovation Catalyst Fund project selection will be ‘outcomes-oriented’ and based on clear project endpoints that achieve a commercial goal with translational research. Examples of uses for funds in this program include:
- Prototype development and testing
- Proof of concept validation and data generation
- Conceptualization and design
- Software development
- Process improvement
- New organization capability
- Program improvement
- Campaign or event
Unallowable uses generally include:
- Services provided by innovation players on campus (e.g., Brock Center, CTTC, Wond’ry)
- Book subventions
- Faculty salaries
- Tuition or financial aid support for students
- Research supported by other internal funding programs, including Scaling Success, Seeding Success, and RAMP programs