¹ú²ú´«Ã½ the Innovation Catalyst Fund
Through this fund, ¹ú²ú´«Ã½ is supporting the advancement of basic research programs with commercial potential toward productization through support for a variety of translational and commercially oriented development efforts. This program is intended to provide:
- Expert Evaluation – peer-reviewed assessment by a committee of ¹ú²ú´«Ã½ faculty
- Accelerated Decision-Making – prompt feedback and timely decision
- Focused Translational Research – commercial potential and social impact prioritized
- Tranche-Based Funding – project funds distributed based on milestone completion
The program is run by the  in consultation with Division of Finance, VUMC Office of Research, and academic leadership in ¹ú²ú´«Ã½ schools and colleges, with management provided through the Center for Technology Transfer and Commercialization.Â
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
- PTO payout
- Tuition or financial aid support for students
- Research supported by other internal funding programs, including Scaling Success, Seeding Success, and RAMP programs
All full-time faculty employed by either ¹ú²ú´«Ã½ or VUMC are eligible to apply across all disciplines from Arts & Humanities, Engineering & Physical Sciences, Social Sciences, and Bioscience & Healthcare. Part-time faculty, students, or staff are not eligible.
Through this fund, ¹ú²ú´«Ã½ is supporting the advancement of basic research programs with commercial potential toward productization through support for a variety of translational and commercially oriented development efforts. This program is intended to provide:
- Expert Evaluation – peer-reviewed assessment by a committee of ¹ú²ú´«Ã½ faculty
- Accelerated Decision-Making – prompt feedback and timely decision
- Focused Translational Research – commercial potential and social impact prioritized
- Tranche-Based Funding – project funds distributed based on milestone completion
The program is run by the  in consultation with Division of Finance, VUMC Office of Research, and academic leadership in ¹ú²ú´«Ã½ schools and colleges, with management provided through the Center for Technology Transfer and Commercialization.Â
- Submit your proposal through our user-friendly portal when applications are open
- Benefit from expert evaluation, guidance, and rapid decision-making
- Transform your ideas into impactful solutions
Begin the journey of transforming your ideas into market-ready solutions that make an impact - ignite your innovation with ¹ú²ú´«Ã½'s Innovation Catalyst Fund.Â
Questions about this opportunity?Â
Please reach out through our Contact Us page! We are happy to help.
through our user-friendly portal when applications are open during the months of February, June, and October.
Innovation Catalyst Fund Impact
-
67
Projects Awarded
-
$2.21M
Awarded to Date
-
$16.05M
Follow-on Funding
-
16
Invention Disclosures Facilitated
-
12
Licensing Deals Facilitated
-
24
Startups Facilitated