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Faculty Grants

Grants to USA and Puerto Rico IHEs for Programs
and Courses in STEM Entrepreneurship

Agency Type:

Foundation / Corporation

Funding Source:

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Deadline Date:

11/06/19 11:59 PM ET


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Grants of up to $30,000 to USA and Puerto Rico member colleges and universities to support new and existing programs and courses in STEM-related entrepreneurship. Applicants must receive institutional approval before applying. Successful proposals will involve the formation of student teams, experiential learning, and creative pedagogical approaches.

VentureWell awards faculty grants to colleges and universities for the purpose of strengthening existing curricular programs and/or building new programs in invention, innovation, and entrepreneurship. Through these grant funds, VentureWell supports creative pedagogical approaches that generate student teams working on technology solutions to real-world problems, with the goal of the strongest teams applying to participate in VentureWell’s E-Team Grant Program.

VentureWell encourages proposals that involve students, faculty, and advisors from engineering, science, business, design, and liberal arts disciplines, as well as groups traditionally underrepresented in invention, innovation, and entrepreneurship, including women and minorities.

Proposals may include plans for creating or improving an individual course, course sequence, minor, major, certificate program, incubator, accelerator, and other co- and extra-curricular programs.

Faculty grants support educational courses or programs at the intersection of invention, innovation, and entrepreneurship that lead to the creation and support of student teams. Focus areas include, but are not limited to:

  • General (technology-based) entrepreneurship
  • New materials
  • Clean tech/renewable energy innovation
  • Technologies that address poverty alleviation and basic human needs, (including, but not limited to water, sanitation, healthcare, energy, agriculture, shelter)
  • Tech-based entrepreneurship led by women and other underrepresented populations
  • Biomedical and healthcare innovation

For a list of elements of competitive and successful proposals, see:—FY20-2.pdf#page=2

For examples of eligible expenses, see:

GrantWatch ID#:

GrantWatch ID#: 164694

Estimated Size of Grant:

Grants of up to $30,000 total may be requested.

Term of Contract:

Duration of the grant is one to three years*.

*The duration of all Faculty Grants is now 3 years, although you may choose to spend the funding in 1 or 2.

Additional Eligibility Criteria:

Faculty Grants are awarded to US-based colleges and universities. Faculty and staff from VentureWell-member colleges and universities are eligible to apply.

Proposals may include non-member partners from education, nonprofits, industry, NGOs, governments and/or the investment community, etc.

Membership information:

Examples of projects that are NOT strong candidates for faculty grant funding include:

- Courses and/or programs without a focus on technology innovation and/or entrepreneurship.
- Pure research projects.
- Courses and/or programs that are unlikely to continue beyond the grant period.
- Existing programs where there is little change or improvement proposed (i.e., ongoing support requests).
- Course and programs that are disconnected from the entrepreneurial ecosystem on campus/in the community.
- Courses and/or programs that do not lead to the creation of student teams.
- Proposals that do not demonstrate support for the most promising technologies and teams beyond the classroom/lab/club.

For examples of ineligible expenses, see:

Pre-Application Information:

Upcoming deadline: November 6, 2019

All proposal deadlines end at 11:59 pm Eastern Time on the specified due date.

Before you start your application, you should contact your Office of Sponsored Research or the equivalent well ahead of the grant deadline to inform them of your intention to submit a proposal. VentureWell requires proof of institutional support of your proposal. Most universities require a full proposal for administrative review and approval before it can be submitted to VentureWell.

VentureWell strives to notify applicants of the status of their proposals via email within 90 days of the submission deadline.

Grants FAQs:

Contact Information:

Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.

Register and apply online:

If you have any questions feel free to contact Patricia Boynton, Grants Manager, at
413-587-2172 x115 or

URL for Full Text (RFP):

Geographic Focus:

USA: Alabama;   Alaska;   Arizona;   Arkansas;   California;   Colorado;   Connecticut;   Delaware;   Florida;   Georgia;   Hawaii;   Idaho;   Illinois;   Indiana;   Iowa;   Kansas;   Kentucky;   Louisiana;   Maine;   Maryland;   Massachusetts;   Michigan;   Minnesota;   Mississippi;   Missouri;   Montana;   Nebraska;   Nevada;   New Hampshire;   New Jersey;   New Mexico;   New York City;   New York;   North Carolina;   North Dakota;   Ohio;   Oklahoma;   Oregon;   Pennsylvania;   Rhode Island;   South Carolina;   South Dakota;   Tennessee;   Texas;   Utah;   Vermont;   Virginia;   Washington, DC;   Washington;   West Virginia;   Wisconsin;   Wyoming

USA Territories: Puerto Rico (USA)