Grossman Innovation Prize
The Grossman Innovation Prize is a proof-of-concept fund that provides early-stage support to faculty innovation. The prize is designed to enable innovators to develop nascent product ideas to the proof-of-concept stage, where they would be eligible for venture capital funding and/or spin-off as independent businesses. It will provide up to $50,000 to fund the chosen project. All SAS faculty are eligible to apply.
We encourage applications for the support of new technologies and endeavors that are grounded in faculty research and show promise as innovative offerings in the broader marketplace. Funded faculty are expected to meet development targets in one calendar year and, upon completion of that year, are strongly encouraged to submit to the Rutgers I-Corps program. They are also expected to work with the University Office of Research Commercialization to secure intellectual property rights and, if appropriate, pursue commercialization.
Faculty should construct the project development proposals so as to incorporate student involvement. Typically, student applicants will submit their credentials to PIs and be hired by the project as hourly employees.
Please note that proposals for academic initiatives such as new master’s degree programs, certificate programs, online programs, and non-credit programs should be submitted to the Entrepreneurial Award Program.
Deadline for submission is Friday, March 26, 2021.
About Alan Grossman
Alan Grossman received his BS in Computer Sciences (with Honors) from Livingston College, Rutgers University and went on to complete an MS in Computer Sciences from Stevens Institute of Technology. He had a distinguished 25 year career in the telecommunications industry, starting at AT&T Bell Laboratories, and then following divestiture he continued his work at Bellcore and Telcordia Technologies. His service to Rutgers includes membership on the Livingston College Dean’s Advisory Council, the President’s Council, the Colonel Henry Rutgers Society, and the Livingston Alumni Association. Since its creation in May 2011, The Alan H. Grossman Annual Scholarship has provided financial assistance to nearly twenty Rutgers students.
Please direct questions or inquiries regarding the Grossman Innovation Prize to:
Director/New Program Initiatives & Digital Learning
1 Spring Street, Suite 313
New Brunswick, NJ 08901
Rutgers School of Arts & Sciences