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Needs for Eship Training. Sustainable funding Renewed annual funding to support student projects, operations Support for technical & admin staff Space (appropriate for program needs) Project Team work areas, labs, amphitheatre classrooms Direct support of students (fellowships)
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Needs for Eship Training • Sustainable funding • Renewed annual funding to support student projects, operations • Support for technical & admin staff • Space (appropriate for program needs) • Project Team work areas, labs, amphitheatre classrooms • Direct support of students (fellowships) • Post-PhD training in Eship • Streamline Tech Transfer (industry-friendly) • Entrepreneurship design competition • Center of Excellence in Eship Training @ Various Universities
Where should eship training happen? • Dept/School level • University-wide • Outside Univ. • Nat’l Centers of Excellence • Other….
Industry Partnership Govt. Funding Opps • SBIR, Bioeng Research Partnerships • NSF • Partnerships for Innovation (~$600K over 3 years) NSF Industry + Govt + University • ENGINEERING DIRECTORATE • EDUCATION AND HUMAN RESOURCES • Other Directorates • NIBIB • Had workshop September 2002 • Has hired a person in charge of training • Other NIH Institutes; NIH BRP, DARPA (e.g. CIMIT)
POSSIBLE SOURCES FOR FUNDING FOR ENTREPRENEURSHIP • Foundations • Whitaker Foundation • National Collegiate Inventors and Innovator Alliance (NCIIA) • Kauffman Foundation • Coulter Foundation • Others • Federal and local government • NSF • NIH: NIBIB, NCI, … • DOE, DOD and DOC • State and local governments • International: governments, universities, and/or companies
Project Funding Mechanisms • Industry-sponsored projects (~$20k - $35k) • Endowment • Grant programs (seed level, e.g. NCIIA) • Student lab fees (~$150/student) • Entrepreneurial-friendly alumni
Creative Approaches • Corporate and VC partners, affiliates • Alliances across schools to leverage eship resources for the institution • Use portion of license/royalty income to support eship training • Entrepreneurial-minded alumni gifts • Income from industry-targeted education • Faculty Eship Exec-level education • Reduce Indirect Cost Rate to Foster Industry Collaboration, Increase Income to Dept/Program