Moving your research from innovation to commercialization can be a costly process. There are many different funding sources available to help you further your work.
Funding for your commercialization work
Indiana University offers numerous internal funding programs to eligible faculty and other academic staff. Many of these programs are designed to support early stages of research or creative activities as well as proof of concept projects. For example, the Translational Research Pilot Grant, sponsored by the Johnson Center for Innovation and Translational Research at IU Bloomington, supports the development of research projects with grants as high as $25,000.
External funding is available from many federal agencies such as the National Endowment for the Humanities, National Institutes of Health, National Science Foundation, Department of Defense, as well as numerous foundations and corporations.
To search for particular funding, access Pivot, a comprehensive global database of funding opportunities. You can search for funding by keywords or a funding organization's name, track individual opportunities, and receive ongoing alerts.
At the Indiana University School of Medicine, IUSM Research Connect enables IUSM researchers to identify new funding opportunities and potential collaborators within academia, industry, and the broader health sciences community.
The Small Business Innovation Research (SBIR) program is a highly competitive program that encourages domestic small businesses to engage in Federal research/research and development (R/R&D) that has the potential for commercialization. Through a competitive awards program, SBIR enables small businesses to explore their technological potential and provides the incentive to profit from its commercialization.