What a sponsored project is:
- Has a PI and/or a budget
- Has specific activities, timeframe and scope of work
- Has specific deliverables and reporting expectations
- Funded by an organization external to ASU, such as a federal, state, tribal or public agency or organization.
What a sponsored project isn't:
- A philanthropic gift with no expectation of return on investment
- A fellowship or scholarship for your academic achievement or potential
- A consultancy or service contract
Sponsored projects represent a vital avenue for researchers to secure the necessary funding to pursue their scholarly inquiries. These projects are typically funded by external sources, such as federal agencies, industry partners, or philanthropic organizations, with the primary goal of advancing research, instruction, or public service endeavors. Unlike gifts, which are given without expectations of direct returns, sponsored projects come with specific objectives, detailed budgets, and often stringent reporting requirements to ensure the proposed outcomes are achieved.
At the core of a sponsored project is a formal agreement between the funding entity and the researcher's institution. This agreement outlines the scope of work, the budget, the timeline, and the obligations of all parties involved. It's a collaborative effort that not only supports the researcher's work but also aligns with the strategic interests of the sponsor, whether it's exploring innovative scientific questions, addressing societal challenges, or developing new technologies. For new researchers, navigating the landscape of sponsored projects can seem daunting. However, understanding the nuances of these agreements—such as compliance with federal regulations, intellectual property rights, and publication policies—is crucial for leveraging these opportunities effectively.
Securing funding for a sponsored project requires strategic planning and preparation. Researchers should begin by learning about sponsors: look at their strategic plans, goals and budgets. Does their mission, vision and goals align with the researcher's? Next, identify funding opportunities that match interests and expertise, carefully reading the solicitation guidelines, and engaging with their institution's research development office. Crafting a compelling proposal that clearly articulates the significance, methodology, and potential impact of the research is key to attracting funding. Additionally, fostering relationships with potential funders and collaborating with experienced mentors can provide valuable insights and increase the likelihood of success. As the researcher's landscape continues to evolve, sponsored projects remain a cornerstone for advancing knowledge and innovation, making them an essential component of a researcher's career development.
Contact: Ann Marie Hess