Proposal Guidelines

Trask Innovation Fund Eligibility:

  • Open to all Purdue Researchers, faculty and staff at all campuses.
  • Proposals must be related to a Purdue technology for which Office of Technology Commercialization has received a disclosure.
  • Depending upon technology domain and commercialization opportunities, applicants must choose between one of the following three tracks.Trask Timeline
    • Innovation Sparks (Life Science and Medical Devices): Technologies with applications in life science and/or medical devices including but not limited to, therapeutics, drug discovery and development, Diagnostics, and Agriculture. The technology must not be encumbered under any Option/ License to be eligible for this application track.  
    • Innovation Sparks (Physical Sciences): Technologies with applications outside of life sciences and medical devices such as engineering, chemistry and computer sciences. The technology must not be encumbered under any Option/ License to be eligible for for this application track.  
    • Commercialization Partner Spark: Technologies in any technology domain for which, (a) OTC has either signed an option agreement with a potential licensee or (b) the applicant is engaged with Purdue Research Foundation to establish a commercialization partnership and will sign an option for technology before receiving Trask funding.
  • One applicant can apply only under one application track during each cycle.
  • To determine the right application track, applicants should work with the Business Development Manager responsible for the technology.
  • Proposal must target specific and significant milestones that are achievable within 6 months.

Proposal Submission Guidelines:

How to apply:

  • Application for Trask Innovation Fund must be submitted through Sponsored Program Services (SPS) Pre-Award Center (http://www.purdue.edu/business/sps/preaward/).
  • DO NOT submit the Trask applications directly to OTC. OTC will not review any applications that were not routed through Purdue’s Sponsored Program Services.
  • If you have questions about the application process, please email them to trask@prf.org.

When to apply: Trask Innovation Fund proposal submission are due on

  • February 21, 2020 (Submissions are due on the 3rd Friday in February each year.)
  • September 27, 2019 (Submissions are due on the 4th Friday in September each year.)

Use the processing timeline calculator at the Pre-Award Center (http://www.purdue.edu/business/sps/preaward/) to estimate the time of submission to Pre-Award in order to meet the Trask submission deadline.

Proposal Outline

A detailed outline of the Trask proposal timeline can be found at this link.  Please use the downloadable template to complete your submission.


 

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