The Matching Grants Research Program (MGRP) fosters applied research between the region’s high-tech industry partners, and top-rate faculty and student researchers at the University of Central Florida (UCF) and the University of South Florida (USF).
Since the program started in 1996 to grow the region’s talent and technological capabilities, its signature public-private partnership approach has generated an estimated $1 billion in downstream economic impacts. Countless successes include the hiring of student research participants, commercialization of new products with life-changing capabilities, groundbreaking patents and stronger company positioning to attract federal funds.
How it works
The Corridor can provide up to $150,000 in matching funds for applied research projects between local industry partners and university researchers. Corridor funds will match the industry partner’s cash and in-kind investment in university research. This program can be a valuable supplement to Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) funded projects that involve university collaborators. Funding is provided directly to the university research team and is used to expand the project’s scope of work and allow our students to participate in cutting-edge, applied research.
Industry partners must execute a sponsored research agreement with the university to formalize the project plan and terms. Partners are expected to work collaboratively throughout the project’s duration. This often includes regular meetings to discuss research updates and developments.
Program staff at both universities can help pair interested companies with appropriate university researchers to meet the company’s research needs and participate in this program. Program staff will provide electronic application templates. The application should be completed collaboratively by the researcher and industry partner. Applications are accepted at any time and are reviewed by program leadership and a committee of business, economic development, science, and technology professionals from across the region.
Participation in the MGRP is competitive. Please review the program’s eligibility requirements and strategic priorities before submitting your application.
Research projects must:
- Involve an industry partner with a significant presence in the 23-county region and a principal investigator from at least one of the universities: UCF and USF;
- Focus on applied research that supports the development and commercialization of new technologies; and,
- Include support for at least one university student researcher on the project.
The Corridor prioritizes projects with the potential to:
- Generate new intellectual property or technology.
- Develop and commercialize existing university technology.
- Leverage federal funding through the SBIR/STTR or other programs.
- Invest in the strategic research areas of UCF and USF, and The Corridor region’s key industry clusters.
- Engage new industry or faculty participants.
- Encourage interdisciplinary collaboration between colleges at the university or between UCF and USF.
- Provide a tangible impact for the industry partner, including revenue, workforce expansion, etc.
- Provide high-level, hands-on research experiences for university students and fellows.