Longhorn Innovation Fund for Technology – FY 2015-2016 Proposal for Innovation Funding Cover Page Requirements Total length of Cover Page should not exceed one page. Title Provide a title for the proposal. Requested Amount List the total amount of money being requested. College/School/Unit(s) List the college/school/unit(s) (CSUs) requesting funding. Multiple CSUs may collaborate and submit a single proposal. Space Requirements Briefly describe whether the project would require additional space and, if so, where that space is located. If the project requires additional space, submit a letter of support from the head of the CSU providing the space. Primary Participants List the primary contacts for the project. Name Unit Email Address 1|L o n g h o r n I n n o v a t i o n f o r T e c h n o l o g y G r a n t P r o p o s a l Project Description Requirements Total length of Project Description should not exceed three pages but must include the following sections: Overview Describe the problem, need, or opportunity that this project would address. Innovation Level Identify what is state-of-the-art or innovative about this project. Also include any similar initiatives at peer institutions and how this project would differ. Benefit to UT Describe the benefit to students and researchers at UT. Explain how this project would be a competitive advantage for the University. List potential adopters and anyone from whom you have commitment for adoption. Include quantitative metrics such as the number of students and faculty who would benefit from this project. Scope of Project Describe what is in and what is out of the scope of the project. Include brief description of how the finished project will appear to users and beneficiaries. Plan for Evaluating Success and Effectiveness Explain the ways in which you will be able to determine whether the project is successful or effective, including, but not limited to, the types of metrics established to assess the project. If the project is chosen for funding from LIFT, the project team will be required to submit a final report upon project completion. Project Timeline and Milestones Give a high-level timeline for the work of the project. Sustainability Plan If the project will take longer than one year to implement, explain the plan for sustaining the work in the future and identify potential funding sources to continue project work. If the potential funding sources come from a college, school, or unit (CSU) budget, include a letter of support from the CSU with the proposal. 2|L o n g h o r n I n n o v a t i o n f o r T e c h n o l o g y G r a n t P r o p o s a l Budget Requirements Provide the amount of funding being requested and breakdown by type. Total length of the Budget Breakdown and Justification should not exceed one page. Please note that employment related fringe is covered centrally and does not need to be included in the grant application. However, any tuition waivers must be included in the grant budget and amount requested. Budget Breakdown – SAMPLE Cost Type Amount Requested Salaries/Personnel A&P Salaries $40,000 Classified Salaries $30,000 Wages $ 9,000 Maintenance and Operation Materials and Supplies $ 10,000 Scholarships (include the amount $ 20,000 necessary to cover any tuition waiver) Travel (limited to $5000) $ 2,000 Equipment $ 6,000 TOTAL $117,000 (If participant support or other categories of funding are required, please add them to the table). Justification Document why you are requesting the amounts above. Proposal Renewals While LIFT is not intended to provide ongoing funding for any project after the initial award period, the committee recognizes that some projects merit renewal. Projects previously funded through LIFT may apply for additional funding on a one-time-only basis. Those who choose to reapply should be aware that any renewal will be judged against new proposals and no more than half of the total funding dollars will be allocated to proposal renewals. Those seeking to renew funding through LIFT are required to complete supplemental proposal materials including: metrics from the original proposal documented efforts to receive external funding a fully considered Sustainability Plan a copy of the previous application Requests for renewals of LIFT funding will be expected to achieve substantive new deliverables. Renewal supplemental materials should be uploaded with the LIFT proposal at the time of submittal. ☐ Check here if this is a proposal renewal 3|L o n g h o r n I n n o v a t i o n f o r T e c h n o l o g y G r a n t P r o p o s a l