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EKU Board of Regents Innovation Fund IV

Description of the Fund:  Recognizing that Kentucky has urgent and formidable societal and economic challenges that have persisted for generations, EKU is positioned to play an important role for the economic, intellectual, and cultural vitality of our service region, the commonwealth, and our global society.  This natural purpose creates and maintains dynamic programs, provides the building blocks for the inventors of the future, and aspires to translate ideas and talents into new products, services, robust employment, and societal advancement for all.

Announced at the June 2018 Board of Regents meeting and awarding projects in excess of $450,000  to date, the Board has once again approved their fourth year of competitively-awarded innovation funds.  These funds will match and seed innovative or entrepreneurial solutions that (i) demonstrate an ability to generate a return on investment within a reasonable period of time, (ii) demonstrate an ability to create operating efficiency resulting in cost savings, and (iii) is related to Kentucky priorities. 



The fund will be available to all EKU faculty and staff (including a collaboration of faculty and staff), competitively awarded and a strong preference given to applications that demonstrate an innovative or entrepreneurial solution that (i) demonstrates an ability to generate a return on investment within a reasonable period of time, (ii) demonstrate an  ability to create operating efficiency resulting in cost savings, (iii) is related to Kentucky priorities. 

These funds can be used for larger matching grants, like SBIR; research that has demonstrable commercial value, scale, and stability; research and development related to Kentucky priorities. 

Important Dates:  Applications must be submitted no later than 5:00pm., Friday, October 22nd, 2021.  If you have any questions, please email Justina Keathley at 

Scoring: Applications will be reviewed and scored by a committee and presented to the Board of Regents for final approval. 

Approximate Award Date: Board of Regents Spring 2022 Meeting

Reimbursement Grants: Awards will be disbursed on a reimbursement basis. CEDET staff will set up appropriate billing codes after awards have been made by the Board of Regents

Good luck!

Committee Members:

Javier Alvarez – Letters, Arts, Social Science

Ryan Baggett – Justice & Safety

Dana Bush - Health Science

Lindsay Calderon – Science

Richard Day - Education

Bryan Makinen – Staff Representative

Beth Polin – Business & Tech

Tom Martin - CEDET


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