Michigan Corporate Relations Network announces RFP for Small Company Innovation Program
The Michigan Corporate Relations Network (MCRN), a statewide network of Michigan research universities, is soliciting proposals for its Small Company Innovation Program (SCIP).
The SCIP will provide cost-sharing grants to foster collaboration between MCRN universities and small-to medium-size companies on research projects for new commercial products or services.
The six universities that make up MCRN are U-M, Michigan State, Wayne State, Michigan Tech, UM-Dearborn and Western Michigan. Each member university maintains an office that connects businesses to university resources and faculty that can assist research needs.
Companies interested in applying for the SCIP will be paired with the appropriate faculty principal investigator to outline a project and submit a proposal.
The resulting collaboration will give small companies the opportunity to meet research needs that otherwise may not be affordable. The SCIP also will stimulate talent retention in Michigan by creating relationships between small companies and university graduate student researchers.
Individual SCIP projects are funded at $20,000 to $40,000 and require one-to-one matching funds from the sponsoring company for a total research project budget of $40,000-$80,000. MCRN member universities will supply funds to cover all their indirect costs. The deadline to submit a proposal is May 1.