The Fulton Schools of Engineering seeks to build a culture amongst its faculty that enhances the translation of its innovations and the impact of its creative activities on the economy. The Fulton Schools recognizes the immense opportunity in fostering such a culture on the multiple fronts of economic impact, recognition of the Fulton Schools as an innovation engine, the potential for significant research resources in the short term and a longer-term impact on the endowed contributions to the Schools. To that end, the Fulton Entrepreneurial Professors Program is intended to support the translational efforts of its faculty, particularly as they relate to technology and product commercialization and the start-up of new companies.
Fulton Entrepreneurial Professors will be selected via a competitive proposal process. They will be appointed for one- to two-year terms and may re-compete for subsequent appointments. We intend to select faculty in 2016, with the number depending on the strength of proposals. We intend this to be an annual competition with possibly two award cycles per year.
Faculty selected for this program will be designated “Fulton Entrepreneurial Professor” for the duration of their one- to two-year appointment and will have reduced instructional and service obligations to free up time for their entrepreneurial activities. The main resource provided by the Fulton Schools of Engineering for this program is release time (and subsequent cost of loss of instructional capacity), but there may be some prototype/proof-of-concept seed-funding available and support for hiring researchers (faculty or postdoctoral scholars) to drive the faculty member’s student-based research group while engaged in entrepreneurial pursuits. There also will be mentoring and intellectual property support through the Arizona Technology Enterprises.