We will use a startup investment model to spur innovative and collaborative research to solve grand challenges.
We will pilot, iterate and scale up three innovative funding mechanisms that support research throughout its development.
- Clusters and Themes Initiative: Provides early-stage investment around research specialities or ideas to increase capacity building
- Research Accelerator Initiative: Follows a mid-level “angel investor” model to spur research projects in development to the next level
- Blue Sky Initiative: A high-level “venture capital” model that provides strategic capital investments for grand challenges
Fall 17: Request for proposals
2018: Pilot Program Rollout
2018 – 19: Evaluate new proposals every six months
Late 2019: Overall program assessment
2020: Make program modifications as needed