CICP Faculty Commercialization Award

Nominations should be submitted via email to Julie Gibbs at jagibbs@purdue.edu by Friday, February 23, 2024.

Purpose

The Faculty Commercialization Award will involve a cash prize of $5,000. This award is offered in recognition of individuals who have been most active and/or successful in their efforts to contribute directly to the commercialization of Purdue-generated/owned technologies. The award is intended as an official acknowledgement of the importance of technology commercialization by Purdue faculty, as well as its relevance for preeminence in the discovery, learning and engagement priorities of the University. The award is funded by the Central Indiana Corporate Partnership (CICP).

Eligibility

Nominations are accepted and encouraged from all Purdue campuses. Tenure-track faculty, clinical/professional faculty and research scientists are eligible for this award.

Nomination Process

• A concise summary (no more than two pages, not including references) of the engagement work that provides background and addresses the specific award criteria
• A letter from a community partner describing the partnership and community impact
• A letter from an independent, recognized scholar describing the significance of the new knowledge created

Self-nominations are accepted.

Nominations should be submitted via email to Julie Gibbs at jagibbs@purdue.edu by Friday, February 23, 2024.

Selection Process

Submissions must be prepared to address the following criteria and must not exceed 2 pages in length.

• Award candidates must be tenure-track faculty, clinical/professional faculty or research scientists of Purdue University.

• Commercialization outcomes must be materially influenced by the inclusion of intellectual property, copyrights, or other creative works emerging from Purdue University tenure-track faculty, clinical/professional faculty or research scientists, and by the direct contributions or involvement of the faculty member or research scientist.

• To what extent do the nominee’s commercialization activities advance the Discovery, Learning and Engagement objectives of the University?

• To what extent do the nominee’s commercialization activities contribute, in rank order, to the economies and culture of Indiana, the USA, and to the other nations and societies of the world?

• How commercially successful has/have been the nominee’s (or licensees’) business(s) through which the innovation(s) was/were brought to market?