ÌìÃÀ´«Ã½¹ÙÍø the Innovation Catalyst Fund
Through this fund, ÌìÃÀ´«Ã½¹ÙÍø is supporting the advancement of basic research programs with commercial potential toward productization through support for a variety of translational and commercially oriented development efforts. This program is intended to provide:
- Expert Evaluation – peer-reviewed assessment by a committee of Vanderbilt faculty
- Accelerated Decision-Making – prompt feedback and timely decision
- Focused Translational Research – commercial potential and social impact prioritized
- Tranche-Based Funding – project funds distributed based on milestone completion
The program is run by the  in consultation with Division of Finance, VUMC Office of Research, and academic leadership in Vanderbilt schools and colleges, with management provided through the Center for Technology Transfer and Commercialization.Â
The Innovation Catalyst Fund project selection will be ‘outcomes-oriented’ and based on clear project endpoints that achieve a commercial goal with translational research. Examples of uses for funds in this program include:
- Prototype development and testing
- Proof of concept validation and data generation
- Conceptualization and design
- Software development
- Process improvement
- New organization capability
- Program improvement
- Campaign or event
Unallowable uses generally include:
- Services provided by innovation players on campus (e.g., Brock Center, CTTC, Wond’ry)
- Book subventions
- Faculty salaries
- PTO payout
- Tuition or financial aid support for students
- Research supported by other internal funding programs, including Scaling Success, Seeding Success, and RAMP programs
All full-time faculty employed by either ÌìÃÀ´«Ã½¹ÙÍø or VUMC are eligible to apply across all disciplines from Arts & Humanities, Engineering & Physical Sciences, Social Sciences, and Bioscience & Healthcare. Part-time faculty, students, or staff are not eligible.
Through this fund, ÌìÃÀ´«Ã½¹ÙÍø is supporting the advancement of basic research programs with commercial potential toward productization through support for a variety of translational and commercially oriented development efforts. This program is intended to provide:
- Expert Evaluation – peer-reviewed assessment by a committee of Vanderbilt faculty
- Accelerated Decision-Making – prompt feedback and timely decision
- Focused Translational Research – commercial potential and social impact prioritized
- Tranche-Based Funding – project funds distributed based on milestone completion
The program is run by the  in consultation with Division of Finance, VUMC Office of Research, and academic leadership in Vanderbilt schools and colleges, with management provided through the Center for Technology Transfer and Commercialization.Â
- Submit your proposal through our user-friendly portal when applications are open
- Benefit from expert evaluation, guidance, and rapid decision-making
- Transform your ideas into impactful solutions
Begin the journey of transforming your ideas into market-ready solutions that make an impact - ignite your innovation with Vanderbilt's Innovation Catalyst Fund.Â
Questions about this opportunity?Â
Please reach out through our Contact Us page! We are happy to help.
through our user-friendly portal when applications are open during the months of February, June, and October.
Innovation Catalyst Fund Impact
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67
Projects Awarded
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$2.21M
Awarded to Date
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$16.05M
Follow-on Funding
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16
Invention Disclosures Facilitated
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12
Licensing Deals Facilitated
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24
Startups Facilitated