Draper Technology Innovation Fund
FY 2017 Deadlines
Q1: April 25, 2016 (funding available July 1)
Q2: July 25, 2016 (funding available October 1)
Q3: Oct. 24, 2016 (funding available January 1)
Q4: Jan. 30, 2017 (funding available April 1)
Final Report Due Dates
Q1: August 15
Q2: November 15
Q3: February 15
Q4: May 15
The Draper Technology Innovation Fund (TIF) provides a mechanism to support the additional research often necessary to bring new concepts and inventions to the patent and licensing stage. The program goal is the eventual introduction of new products and processes into the market place for the public good. Funds can be used to support efforts to enhance the scope or patentability of inventions and assist with their potential licensing to the commercial sector. Examples of research activities include prototype development, preparation of samples for evaluation, and application testing.
Contact your school/college for deadlines for internal review of proposals by school/college administrators. Internal review deadlines may be a week or more prior to submission to the Office of the Vice Chancellor for Research and Graduate Education. Funds will be made available on the first day of the next quarter following the deadline.
Award recipients must file final reports by the applicable date indicated to the right. Failure to file reports in a timely manner may affect a recipient’s ability to receive future funding under this program.
Applicants must be University of Wisconsin–Madison faculty members or academic staff. A formal University invention disclosure must have been accepted by the Wisconsin Alumni Research Foundation. Applicants must be in residence on the Madison campus during the funding period.
Awards are subject to the availability of funds and cannot exceed $50,000. Funding is made available on a quarterly basis throughout the calendar year. Proposals are funded for up to one year of effort. Extensions will not be granted under any circumstances.