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Faculty Resources

Entrepreneurship Opportunity for Associate Professors in CNMS

Request for Proposals

Purpose: The College of Natural and Mathematical Sciences invites applications for Entrepreneurship Opportunities for faculty in CNMS at the rank of associate professor. The goal is to provide support for UMBC faculty members to build closer connections between bwtech@UMBC, while strengthening both the research program of the faculty member and the deliverables for the company collaborator. This program supports UMBC’s Strategic Plan in Community and Extended Connections, Strategic Goal 2 and 3.

 

Support: The entrepreneurship opportunity program will award up to four $10,000  awards for summer salary support for faculty at the rank of associate professor in the College of Natural and Mathematical Sciences at UMBC to develop a research collaboration with a company at bwtech@UMBC (www.bwtechumbc.com). The associate professor will be expected to spend the summer working with the company collaborator on the proposed project. Entrepreneurs in residence at bwtech@UMBC can assist in making connections to potential company collaborators at bwtech@UMBC. Please contact Dave Fink (davidf2@umbc.edu).

 

Anticipated Outcome: Successful applicants together with a collaborator at bwtech@UMBC develop a proposed research plan focused on preliminary results that could lead to further funding through programs such as the Small Business Innovation Research (SBIR), Maryland Industrial Partnerships Program (MIPS), Small Business Technology Transfer (STTR), Maryland Innovation Initiative (MII), or the UMBC Technology Catalyst Fund (TCF). Follow up funding from federal funding agencies such as NSF, NIH, DOE, DOD are also encouraged.

 

Timeline:

Information session:  Friday February 1, 2019, 12:00-12:50, UC 115

Application deadline: March 29, 2019 for best consideration

Award announcements: April 15, 2019

 

Eligibility: Faculty in the College of Natural and Mathematical Sciences at the rank of associate professor at UMBC are eligible to apply.

 

Application:

  1. Cover-page (1page) (link to document) consisting name and contact information for both the Associate Professor and the company collaborator, and a 250 word abstract of the proposed project
  2. NSF, NIH biosketch or abbreviate CV for both the CNMS associate professor and the contact person at the bwtech@UMBC collaborator company.
  3. A two-page description of the proposed project with the following sections:
    1. Project Goals or Specific Aims
    2. Potential benefit to the bwtech@UMBC company
    3. Potential Benefit for the Associate Professor
    4. Research Plan
    5. Plans for follow-up funding or commercialization

A single pdf file containing all the application documents should be emailed to lacourse@umbc.edu no later than March 29, 2019.

 

Conditions of the Award: Successful applicants will be required to submit a one-page report at the end of the summer detailing the progress made over the summer due no later than September 1, 2019 emailed to lacourse@umbc.edu. Applicants are expected to apply for follow-up funding and specific plans for follow-up funding should be detailed in the report.

 

Optional: Companies may make an in-kind contribution such as salaries and wages, materials, travel, and other company expenses budgeted for the project.

Ownership of Project Intellectual Property shall vest in the party whose personnel first conceived the invention or conceived and first actually reduced the invention to practice during the term of the Project.  Jointly invented Project Intellectual Property shall be jointly owned by the PARTIES unless otherwise agreed in writing. Company shall have, for a period of 12 months from the time Company receives written disclosure of an invention, a first right to negotiate a license to make, use, or sell any Project Intellectual Property developed by UMBC or UMBC’s rights in Jointly invented Project Intellectual Property under reasonable terms and conditions to be negotiated in good faith by the parties subsequent to disclosure of the Subject Invention.

 

 Review: Applications will be reviewed by a committee chaired by the Dean of CNMS, consisting of CNMS faculty and personnel from bwtech@UMBC.

 

Selection Criteria:

  • Potential impact on both the research program of the Associate Professor and the bwtech@UMBC company collaborator
  • Potential for advancement of knowledge and understanding in proposed area
  • Likelihood of follow-up funding from the proposed project
  • Scope of the project is suitable for the proposed timeframe
  • Likelihood of success based on both the qualifications of the faculty applicant and the bwtech@UMBC company collaborator