Trask FAQ

How can I apply for Trask?

A: The application for Trask must be submitted through Sponsored Program Services (SPS) Pre-Award Center. Please DO NOT submit the Trask applications directly to OTC.

Can I apply for TRASK prior to disclosing my idea to OTC?

A: No. In order to be eligible to apply for Trask you must disclose your invention to OTC before submitting the application. For an invention disclosure form, click here.  More information about guidelines can be found here.

My project is still an idea and in early stage. Is this eligible for funding?

A: Yes, provided you have submitted an invention disclosure to OTC. The proposals are reviewed based on the selection criteria described here.

The technology that I want to submit the Trask proposal on is already licensed by another entity, can I still apply?

A: No. The technology must not be encumbered under any license to be eligible for Trask. Click here for more information about eligibility.

Can I apply for Trask if a company has signed an option or expressed an interest in signing an option agreement with OTC for the technology that I want to apply for Trask with?

A: You may apply for Trask under “Commercialization Partner Sparks” track but you cannot apply under the “Innovation Sparks” track. Visit here for more information about eligibility.

Can the startup signing the option with OTC get some of the Trask funding to do market research on the technology?

A: No. Trask funds must be used exclusively in a Purdue laboratory to meet the proposed project milestones and cannot be transferred to an optionee.

Can I apply for Trask more than once with the same idea? 

A: You can apply for Trask more than once and with the same idea. Award recipients may re-apply in subsequent rounds, up to a maximum of three (3) times, for support of the same technology (e.g., as a second phase, for example), not to exceed an aggregate cap of $100,000 per technology disclosed to OTC.

Can I apply for Trask more than once in same year?

A: Yes, there are no restrictions on applying for Trask more than once a year. However, if you are an award recipient and applying for it again in a consecutive round with the same technology, you are required to submit the final report of the previous Trask award to OTC in order to be considered for the next round of funding.

Is the funding different depending on which “track” of Trask I apply under?

A: The maximum amount of funding you can apply for is the same under the two different tracks. However, if you apply under Commercialization Partner Sparks the execution of an option agreement by a company is required before funds can be released by OTC.

What is the level of funding I can apply for?

A: Trask will fund up to $50,000 for the duration of 6 months. The objective of Trask Innovation Fund is to support short-term projects that will enhance the commercial value of Purdue University intellectual property assets. Unlike other federally funded research programs, Trask does not support basic scientific discoveries.  Indirects are not applied to the Trask funding.

When will the TRASK awards be announced?

A: The semi-finalists will be notified within 45 days of application submission deadline. The finalists will be notified about the outcome of their proposal within 60 days after they present their proposal to the Trask Advisory Council. Please visit this link for additional details about the Trask timeline.

What is the difference between the two tracks (Commercialization Partner Sparks vs. Innovation Sparks)?

A: Both application tracks  support short-term projects that will enhance the commercial value of Purdue University intellectual property assets. You can apply under Commercialization Partner Sparks ONLY if (a) OTC has either signed an option agreement with a potential licensee or (b) the applicant is engaged with OTC to establish a startup and will sign an option for technology before receiving Trask funding. To determine the right application track for your application please contact the Business Development Manager for the technology.

What items will not be funded via Trask?

A: Faculty salary, travel expenses, consulting expenses, external expenses with entities outside of Purdue.

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