Translational Investment Fund
The Innovation Partners Translational Investment Fund provides investments into the development of disclosed technologies toward commercially relevant ends. Faculty and staff inventors supported by Innovation Partners may apply for investments of $50,000 - $75,000 to facilitate year-long projects. The number of awards will depend on funding and submission levels. The current submission cycle is closed. Please check back for more information on upcoming submission opportunities.
The goal of this program is to provide an opportunity for Texas A&M University researchers to bridge the common gaps that arise in development of early-stage technologies that have the potential to address a commercial or industrial need and ultimately impact the community, nation, and the world.
Submissions will be accepted from current TAMU inventors with a previously filed invention disclosure that has been assigned an invention number and is managed by Innovation Partners, and unlicensed at the time of submission. The subject of the project must be a disclosed invention that has at least completed a proof-of-concept stage and is backed by the inventor(s) commitment to taking steps toward commercialization. Project proposals should demonstrate a market need for the technology, a reasonable development approach, commercial benefit(s), awareness of existing competition, and feasibility of project scope. For complete eligibility and selection criteria, please review the program guidelines below.
Current Submission Dates:
June 22, 2020 - Letters of Interest Due
August 17, 2020 - Full Proposals Due, by invitation only
October 2020 (tentative) - Anticipated Project Period Start
Full Proposal Submission Resources (Invitation Only)
If you have been invited to submit a full proposal, please complete the online form by Monday, August 17, 2020.
At the time of submission, the following qualifications must be met in order to be eligible for this program:
- Must be a current Texas A&M University employee
- Must be a lead or co-inventor on a previously filed invention disclosure of System-owned intellectual property*
- Invention must be assigned an invention number by Texas A&M Technology Commercialization (TTC)
- Invention must be currently managed by Innovation Partners
- Invention and related IP cannot be released to the inventor(s)
- Invention must be unlicensed at the time of submission
*Inventions and their related IP that are jointly-owned with another institution, where Texas A&M has entered into an inter-institutional agreement (IIA) or research agreement and is indicated as the lead institution for commercialization, are also considered eligible for this program.
The subject of the project must be a disclosed invention that has at least completed a proof-of-concept stage and is backed by the inventor(s) commitment to taking steps toward commercialization.
Examples of qualifying projects include, but are not limited to:
- Therapeutic drug lead optimization
- Creation of prototypes, or prototype development
- Completion of programming, code development, or development of user interface
- Acquisition of technology validation data, often for “endpoints” of interest to industry
This program is NOT designed to fund basic research, market analysis, or business plan creation as other resources exist to support these efforts.
Letter of Interest
Letters of Interest should be submitted to the Innovation Partners faculty advisory committee via an online form provided in the current Request for Proposals. This brief letter of interest must include the following components in order to be considered.
Full Proposal (by invitation only)
- Project Title, Inventor Information, and Assigned Invention Number from TTC
- Summary of Proposed Project, to include:
- Description of the project
- Market need to be addressed
- Commercially-relevant goal(s) to be achieved by the end of the project term
- Brief introduction of researcher and/or team members
- Estimate of total budget request
Following the review of letters of interest, the faculty advisory committee will select projects that will then be invited to submit a full proposal for review and evaluation by the committee. Full proposals will include the following elements.
- Brief abstract
- Technology background and intellectual property status
- Proposed product or solution & market need
- Work plan/scope
- Collaborators and other sources of support
- Project team roles and responsibilities
- Budget template & justifications
- Letters of intent/collaboration/support
The committee will consider the following criteria when reviewing and scoring proposals.
- Need – Does the proposed project focus on an important unmet customer and market need?
- Approach – Is there a clear overall strategy, with methods and analyses? Does the proposal describe a unique approach for addressing the customer and market need? Is the approach well-reasoned and suitable to complete proposed specific aims?
- Benefits – Will the specific benefits that would result from the stated approach be significant and measurable? Is the proposed work focused on translation/development of a research finding, rather than further research?
- Competition – Do the benefits of the proposed project approach convey superiority to its competition and alternatives in the market?
- Feasibility – Is the project scope of work appropriate for the timeframe and level of funding?
- Student Engagement, if part of the research team. – How, if at all, does this project engage students? Are there clear learning outcomes to be achieved that will aid in advancing the educational mission of the university?
The budget period is for 12 months and budgets may include, but are not limited to:
- Research support personnel (including graduate students and post-docs)
- Travel as necessary to perform the research
- Non-capital equipment
- Project-specific research supplies
Budgets may NOT include faculty salary support, tuition support, indirect or overhead costs, capital equipment, or supplies considered general research supplies.
A budget template along with additional guidance will be available to those invited to submit a full proposal.
View the complete program guidelines.
View the Summer 2020 Request for Proposals.
For questions, please contact:
Program Manager, Innovation Partners