In conjunction with approval of the university's public-private partnership (P3) with ENGIE North America and Meridiam, the Board of Regents, State of Iowa, also approved the formation of a new 501(c)(3), the UI Strategic Initiatives Fund

The expected $15 million available per fiscal year will be allocated through an open and transparent grant process. Anyone in the campus community will be able to submit a proposal for a one- to three-year grant that directly supports the University of Iowa 2022-2027 Strategic Plan. Proposals will go through a vetting process during which the Strategic Plan Action and Resource Committee (SPARC) will recommend the allocation of funds for strategic initiatives to the provost and president for approval. A slate of approved projects will then be submitted to the P3 Board of Directors for review and endorsement. 



P3 Annual Report

September 2022