Rolling Process – No Deadline!
The INVEST program is open to ANY Business. Projects can start at ANY time.
The INVEST program provides industry with a fast, flexible, and cost-effective way to work with Cornell faculty members and benefit from their expertise in materials science to solve pressing technical issues related to materials.
INVEST provides 10% in matching funds to companies from outside New York State (not to exceed $7,500 per project).
The INVEST-NY program is open only to NYS Businesses. Projects can start at ANY time.
INVEST-NY provides 25% of matching funds to NYS businesses (not to exceed $12,500 per project).
The INVEST-NY program provides a fast and flexible way for NYS businesses to engage in a research program with a Cornell faculty expert, or to pursue development of a system/technology/prototype beyond proof-of-concept, leading to scale-up and manufacturing. INVEST-NY can complement the CCMR JumpStart program by filling the gap between funding programs like the Jeff Lawrence Manufacturing Innovation Fund, or the SBIR program.
1- INVEST is a flexible rolling process. Companies can submit a request form with a project description at any time.
2- Completing the INVEST request form with a project description will help us identify the most appropriate Cornell expert. A list of Faculty members grouped by research/technology is provided only as a guide, many other fields and types of experts are available at Cornell. The CCMR will work to identify the most appropriate Cornell expert as a function of your company’s needs.
3- A Non-Disclosure Agreement (NDA) is available if you wish to exchange certain proprietary information relating to your respective know-how, products and businesses for the purpose of evaluating a project and a possible collaboration.
4- Once the scope of work, project duration and budget are finalized, the CCMR will provide matching funds to support the project.
The INVEST-NY matching funds are provided through a matching grant from Empire State Development’s Division of Science, Technology and Innovation (NYSTAR). The INVEST-NY request form includes a question on the project’s projected impact for the business and for the economic growth of the region. NYSTAR requires the CCMR to report economic impacts that resulted from the CCMR-funded collaboration, to demonstrate return on the state’s investment. Partner companies will be contacted by the CCMR up to 5 times over the following 5 years after the completion of the project to assess their satisfaction with the project and the business impact.
The CCMR will write press releases, success stories and articles with the collaboration of the industrial partners to showcase the CCMR program and the partner company.