The short-term goals of the programs is to provide internal funding that allows researchers to:
a. Purchase equipment;
b. Plan and prepare for the submission of instrumentation, training, or collaborative research projects;
c. Conduct research to be used as preliminary studies for future grant submissions; and
d. Develop collaborations with small businesses to facilitate technology transfer and commercialization of research products.
In turn, the support provided by RII research programs will assist faculty in submitting competitive grant proposal applications to external sponsors. Most importantly, RII support will also facilitate partnerships and the obtainment of funding for research from venture capital firms, accelerators, incubators, small and large businesses, and foundations that are part of USC’s innovation ecosystem.
Funding provided by federal agencies and partners in USC’s innovation ecosystem will contribute to the long-term goal of developing the next generation of research products that will produce the greatest societal impact. The ninth RII program will support humanistic pursuits and is expected to stimulate creative and scholarly initiatives that contributes to the rich tapestry of the intellectual life of USC, to facilitate deeper intercultural understanding, and to lay the foundation for a civically engaged life in which we think critically, act creatively, and succeed in a rapidly changing world. A University-wide humanities initiative may be supported by external sponsors and also partners in USC’s innovation ecosystem, thereby enabling a long-term goal of sustaining creative and scholarly work that will produce the greatest societal impact.