VentureWell Faculty Grants

Note that this funding opportunity has an internal competition at Johns Hopkins. See more information about limited submission competitions at JHU

With its faculty grants, VentureWell challenges faculty to pioneer new ways to engage their students in the entrepreneurial process. The grants:

  1. Support new (or help modify existing) courses and programs that lead to the formation of E-Teams - multidisciplinary groups of students, faculty, and mentors working together to bring inventions to market.
  2. Help students learn by doing–gaining the entrepreneurial skills they need by actually forming a team and trying to make both the technology and business model work.
  3. Have a strong likelihood of continuing beyond the grant period and becoming part of a campus culture of innovation. To date, 92% of our funded courses and programs report that they are ongoing.

There are two types of faculty grants: Course & Program grants and Sustainable Vision grants. Grants are awarded up to $30,000.

1. Course & Program grants support courses or programs at the intersection of invention, innovation, and entrepreneurship that lead to the creation and support of E-Teams. Focus areas include but are not limited to:

  • General (technology-based) entrepreneurship
  • New materials/clean tech/green energy
  • Biomedical and healthcare
  • Information technology

2. Sustainable Vision (SV) grants are very similar to Course & Program grants in that they support experiential learning and generate E-Teams. The key difference is that Sustainable Vision proposals must lead to the development of technology innovations that address poverty alleviation and basic human needs. A local, off-campus partner must be identified in the proposal. Focus areas include but are not limited to:

  • Water
  • Sanitation
  • Healthcare
  • Agriculture
  • Shelter
  • Information technology

Examples of successful Faculty grants include:

  1. Inventor’s Studio in which students have one semester to learn product design, prototype an invention, research IP, and launch a startup. This course launched Ecovative Design, developers of environmentally friendly packaging material, among others.
  2. The Humanitarian Engineering and Social Entrepreneurship (HESE) program brings together students and faculty from various disciplines to develop technology-based solutions to challenges facing the developing world and marginalized communities.
  3. Integrated Product Development (IPD) program is a set of courses that allows students to work with students from other disciplines on a real-world industry-sponsored project.
  4. Safe Agua Peru program led to the development of award-winning products designed for people living in urban slums.

Learn more about this opportunity > >

Climate change has happened because of human behavior, therefore it’s only natural it should be us, human beings, to address this issue. It may not be too late if we take decisive actions today.
— Ban Ki-moon, United Nations Secretary-General