P3 funds are non-recurring funds that can be requested for a one-to-three-year time period.
The University of Iowa Strategy Team has reviewed the preliminary proposals and invited 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, 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.
Review FY 2023 Process and Timeline
View Information Session Slides