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59 INNO V AT O RS GUIDE | M ASS GENERAL BRIGH AM
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11 Resources | funding
Funding to support the validation, scale up or other translation steps
have historically been among the most difficult to secure – despite their
importance to a successful commercialization. A variety of funding
opportunities may be available depending on the type and stage of
technology development. Licensing Managers can assist in navigating the
possibilities while protecting intellectual property throughout this journey.
The following chart illustrates common scenarios and who to contact to
get started.
Budget process
In all cases, it is recommended that the Research Management budget Funding to support the validation, scale
template be used to create the initial budget. It will incorporate the up or other translation steps have
appropriate fringe benefit rates for staff along with the required overhead.
Estimating the correct budget at the beginning of the sponsor negotiation historically been among the most difficult
process is essential to building a trusted relationship. The budget template to secure – despite their importance to a
can be found on the internally accessed Research Navigator:
https://partnershealthcare.sharepoint.com/sites/phrmResources/news/ successful commercialization. A variety
Pages/105-NIH-Proposal-Submissions-New-RM-Budget-Template-with- of funding opportunities may be available
updated-MY-Fringe-Benefit-Rates.aspx
depending on the type and stage of
technology development. Licensing
Managers can assist in navigating the
possibilities while protecting intellectual
property throughout this journey.