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North Carolina
Agricultural and Technical State University
FUTURES VENTURES FUND
REQUEST FOR PROPOSALS 2006-2007
Purpose
The purpose of the Ventures Fund Grants is to advance the vision of
the interdisciplinary university. Grants will be awarded to support
the development of projects, activities and experiences that are
directly related to the University’s vision and five goals to build
and preserve intellectual capital. The Futures goals can be found
at http://www.ncat.edu/futures/goals/goals.html.
The latest Futures publication is found at http://www.ncat.edu/futures/retreat05/reports/futures_rpt.pdf.
Eligibility
This Request for Proposals is open to all members of the University
community including faculty, students, alumni, staff, and approved
affiliates of University units. For budget purposes, students, alumni,
and approved affiliates must include a member of the University’s
faculty or staff as a Co-Principal Investigator.
Awardees
of 2005-2006 Ventures Fund Grants are not eligible to submit
applications for two years or until the 2008-2009 application process.
However, those who submitted proposals in the past but were
not funded are eligible
to submit a proposal in response to this Request for Proposals. Also,
those who were funded in the 2003-2004 cycle or before
are again eligible to apply for funding.
Selection Criteria
The 2006-2007 funding priority is focused on interdisciplinary projects
related to increasing student retention rates. Fifty percent or $125,000
is being reserved to fund retention-related projects. The remaining
50 percent of the Ventures Fund is open to any interdisciplinary project.
The criteria used to evaluate proposals are as follows:
- The relevance
of the project to the vision and goals of the Interdisciplinary
University;
- The feasibility
of the project. Evidence of clear and concise strategies to accomplish
goals;
- Measurable
outcomes;
- A strategy
to sustain the project beyond the grant period;
- Evidence of
interdisciplinary collaboration in the planning and implementation
of the project;
- The qualifications,
capacity and commitment of key personnel;
- Cost effectiveness
with the presentation of a sound and realistic budget;
- A realistic
schedule for completion of activities within the grant year as
funding is limited to one year.
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