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(Excerpted from Science Magazine, Friday, March 14, 2008)

Finding Industry Funding

Career Development

Most collaborations between companies and academic researchers are initiated by industry scientists looking for specific technologies or expertise, notes Anthony Boccanfuso, executive director of the Washington, D.C.-based University-Industry Demonstration Partnership (UIDP), a consortium aimed at improving collaboration between universities and industry. But that doesn't mean university researchers have to sit and wait for the phone to ring. If you are looking for industry funding, it helps to be proactive.

Exploit ready-made opportunities

In many cases, researchers interested in private-sector funding need look no further than their own campuses. Many research institutions already host industry-funded programs. At their most ambitious, these programs are massive, multicenter research consortia that recruit dozens or even hundreds of industry partners. Albany NanoTech, a multibillion-dollar research complex affiliated with the College of Nanoscale Science and Engineering at the University at Albany in New York state, involves more than 250 corporations, many of which provide major funding for university faculty members.

Many universities also administer industry-funded grant programs on a smaller scale. ConocoPhillips, for example, recently announced that it will give $22.5 million over 8 years to the multidisciplinary biorenewable fuels research program at Iowa State University in Ames. The grant will fund about 10 faculty members in its first year.

Tune in to industry needs

Establishing new university-industry alliances requires some legwork. If you have a good sense of which companies might profit from your work, search those companies' Web sites for faculty fellowships. Also look for competitive requests for proposals (RFPs), a mechanism a small but growing number of companies use to provide grants to academic researchers.

For the past 2 years, a response to an RFP has netted two unrestricted grants of about $40,000 for computer scientist Frank Dellaert, who studies robotics and computer vision at the Georgia Institute of Technology in Atlanta, to develop new online three-dimensional mapping technologies for Microsoft's Virtual Earth. Dellaert says the RFP application process is far less cumbersome than some federal grant applications, which require technical proposals 15 to 60 pages long. "With Microsoft, you write one page of text; there is no budget, just a back-of-the-envelope calculation. It's extremely painless."

In addition to developing formal RFP procedures, many large corporations--DuPont and Pfizer, for example--have adopted an R&D model known as open innovation, forming corporate "technology connectors" to fund external scientists and entrepreneurs to work on tightly defined problems. A consumer-products company, for example, might use this mechanism to request proposals for a polymer that adheres to polyester surfaces. Open innovation is largely focused on technology transfer or intellectual-property licensing, but opportunities for funding academic research also exist.

Some companies also work through intermediaries, such as the companies NineSigma and InnoCentive, which broadcast their clients' R&D requests to scientists, engineers, and entrepreneurs around the world who have opted into the companies' proprietary "solution provider" networks.

Build relationships

Too often, academic researchers seeking corporate support for their work try to convince industry scientists that what they do is great science, notes Michael Amiridis, a chemical engineer and dean of the college of engineering and computing at the University of South Carolina, Columbia. Instead, he says, "try to understand what the problem is that industry is trying to solve and show what you can bring to the table. It takes cultivation, and it takes time."

"A lot of people think, 'Oh, companies have lots of money; let's get some of that money,' " says chemist Karen Wooley of Washington University in St. Louis, Missouri, who studies nanometer-scale polymer particles and has received funding from a number of industry sources. "That's a naive point of view. We can't expect handouts or open-ended gifts. It has to be a friendship based on mutual respect, and there has to be an indication that the company is going to get something out of it." ...




Appeared in:

Click headline below to view news story as originally posted on an external Web site.

•   Finding Industry Funding

Career Development

Science Magazine, Friday, March 14, 2008
Byline: Siri Carpenter, United States

(Note: Links do not imply an endorsement; some sites require registration; links may change or become broken over time.)


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Revised:

Tuesday, March 25, 2008


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