P3 funds are non-recurring funds that can be requested for a one-to-three-year time period. A preliminary proposal (or letter of intent to submit a full application) for FY 2023 ("Year 2") P3 funds must be submitted online by October 21, 2021.
Individuals planning to submit a preliminary proposal are encouraged to discuss their proposal with the applicable collegiate deans or central unit leaders before submitting. Information sessions on constructing a competitive preliminary proposal are scheduled for September 22 and September 28. Please register for either information session here.
The University of Iowa Strategy Team will review the preliminary proposals and by early December will invite selected projects to submit a full application. Full applications will be due by February 18, 2022.
The full process and the subsequent allocation of funding are intended to elevate the university’s commitment to student, faculty, and staff success; research and discovery; diversity, equity, and inclusion; and engagement. The P3 program is envisioned to provide unique opportunities to strategically invest in areas of distinction that focus on developing Iowa into a "destination university"—the first choice for students, faculty, and staff. Therefore, preliminary proposals are expected to illustrate how proposed projects will contribute to this goal.
Priority will be given to projects that demonstrate the following criteria:
- Institutional-level high impact (i.e., a high return on investment) across more than one strategic priority area (student, faculty, and staff success; research and discovery; and diversity, equity, inclusion, and engagement);
- How project activities are outside of scope, or unable to be supported, through the current budget model; project activities should extend beyond core functions or operations related to the central missions of teaching, research, and service;
- The potential to leverage additional funds (i.e., grants, philanthropy, and/or other strategies) to ensure the continuation of project activities post funding-period; and
- Cross-campus collaborations, including interdisciplinary, cross-unit activities that build on existing strengths and/or areas of opportunity for growth and distinction.
The preliminary proposal must include:
- Project title
- Project lead (include name, title, college/unit)
- List of project collaborators (include names, titles, colleges/units)
- Summary of project purpose including how it meets the above criteria
- Assessment plan that includes intended benchmarks and expected outcomes
- Budget information, including collaborating partner contributions
Review FY 2023 Process and Timeline
Register for Information Sessions
Submit a Preliminary Proposal