Guiding Principles

  • All funds will be used for initiatives that support the UI Strategic Plan.
  • $15 million in annual revenue will not be enough to support all the strategic needs of the university.
  • P3 funds will be most valuable when used to leverage other support or to grow new sustainable efforts in support of the strategic plan.
  • Sustainability of strategic activities beyond P3 support is essential.
  • Proposals for multi-year non-recurring funds (up to 3 years) will be considered, balanced with proposals that could benefit from one-time or shorter-term support.
  • The allocation process will be evaluated annually for the purpose of process improvement.

Values for Prioritizing Support

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.

Values for the Proposal Process

  • The proposal process should be transparent by being inclusive and available campus-wide.
  • Proposals should be developed in consultation with collegiate and/or central unit leadership.
  • Public reporting should improve transparency both at the time of fund distribution and at renewal for multi-year initiatives.
  • Campus-wide communication across/between units during the proposal review process is critical, including the involvement of the UI Center for Advancement and central service units.
  • The process must be nimble enough to respond to urgent strategic opportunities.