...
These awards are for up to $50,000, and generally two to four applications are awarded annually. Project budgets can range from $25,000 to $50,000. Please only apply for the amount your project needs – recognizing our goal to support the best projects while funding as many investigators as possible and that we can fund two $25k awards compared to one for $50k. Pilot, formative and development studies that can be leveraged into competitive grant applications are the focus of these awards. Applications for collaborative projects are permitted if both PIs fulfill eligibility criteria. Awards can be used to purchase equipment or supplies, pay student or staff salaries, and support other research needs. Salary support is permitted for up to 10% effort for staff, students, and faculty. Salary support cannot be used for senior faculty. faculty. Ten percent is allowable for faculty effort in total, which in most cases will be to support the principal investigator. This could also be apportioned to other early-stage faculty, but only up to 10% total effort for salary of faculty. Effort for senior faculty members at the associate to professorial rank is not allowed.
Awards are for one year of support. Individuals can receive only one Faculty Innovation Fund award per career. Applicants for a Faculty Innovation Fund award cannot receive overlapping funding from other internal awards focused on similar projects (e.g., Center for Global Health, Bloomberg American Health Initiative).
...