Who's it for?
All NC State innovators eligible to serve as a Principal Investigator can apply to the CIF. An invention disclosure for the technology must be on file.
What problem does it solve?
New technology development is an expensive industry to be in and itis almost impossible to get funding without a proof of concept
How does it help?
The Chancellors Innovation Fund will provide funding to attainable technological developments to be made commercially available.
Established in 2010 by NC State with the support of Chancellor William R. (Randy) Woodson, the Chancellor’s Innovation Fund (CIF) awards up to $75,000 to support short-term commercially-focused research projects. The CIF assists NC State innovators with the reduction to practice and technology development needed to strengthen the commercial potential of intellectual property disclosed to the Office of Technology Commercialization and New Ventures (OTCNV).