The USM MEIF fund functions primarily as competitive revolving funds to stimulate research and commercialization. MEIF cost share requests will be funded on an ongoing basis, and priority will be given to requests that embrace the following principles:
- Does the request fit into one of the seven targeted areas: biotechnology, aquaculture and marine technology, composite materials technology, environmental technology, advanced technologies for forestry and agriculture, information technology and precision manufacturing technology?
- Is this request aligned with and consistent with the state’s most recent Science & Technology Action Plan? (Click here to be directed to the approved action plan)
- Will this assist USM in responding to local and regional workforce "R&D” needs and/or trends? (20%)
- Has this center/group/faculty member shown demonstrated success in the past, as evidenced by external funding and/or publications? (15%)
- Does this project have potential for commercialization? (25%)
- Do the funds provide opportunities for students? (15%)
- Will this grant provide seed funds for new research directions?
In order to be considered for funding, proposals must meet Criteria 1 & 2; the weight given to Criteria 3 – 7 are expressed in the percentages indicated above.
- Submit request to the Associate VP of Academic Affairs (AVPAA) at least three weeks prior to grant submission deadline
- Committee reviews proposal
- Cost share decisions communicated by AVPAA no later than one week prior to submission deadline.
- Final reports on research results, and MEIF use due by end of first month following grant closure in order to be eligible for future cost share from MEIF.
Project Name and Brief Project Description (no more than 2 pages), including
- How the project relates to the MEIF and USM principles and will serve the citizens of Maine
- Metrics that will be used to evaluate success
- Sustainability subsequent to the funding period
- Requested cost share from MEIF
A committee, consisting of appropriately qualified representatives from the STEM departments will evaluate the requests, and forward recommendation to the AVPAA.