IEEE New Initiative Program Frequently Asked Questions
Find answers to frequently asked questions and additional information about the New Initiative process.
More information about the Seed Grant and New Initiative application process is available on the home page. The below FAQs will provide answers to some common questions. If any questions are not addressed, please email NICquestions@ieee.org.
What is the purpose of the IEEE New Initiatives Program?
The new initiative program is designed to support potential new programs, products, or services that will provide significant benefit to IEEE members, the public, the technical community, and customers, or which could have lasting impact on IEEE or its business processes. Initiatives must be of strategic importance to IEEE.
What is the submission deadline for a Seed Grant or New Initiatives proposal?
Who may submit a proposal?
What is the minimum funding request for a Seed Grant?
The Seed Grant proposal is designed for potentially small scale and/or high-risk proposals where relatively small (US$40,000 or less) amounts of funding are required to get started. Also, a Seed Grant may be used as precursor demonstration for a larger New Initiative submission.
Any project proposal with a total budget exceeding US$40,000 must be submitted as a New Initiative.
What is the minimum funding request for a New Initiative?
Typically, New Initiatives are expected to require US$100,000 or more for a 12-month period. However, any project proposed to the New Initiative Committee with a total budget exceeding US$40,000 will be considered a new initiative. Multi-year funding is allowable for New Initiatives, with a maximum of up to three 12-month periods.
The Seed Grant proposal should be used for smaller-scale or high-risk proposals when funding of US$40,000 or less is required and the project to be completed in a 12-month period.
How do I apply for funding?
What does the NIC look for in a proposal?
The new initiative program is designed to support potential new IEEE programs, products, or services that are of strategic importance to IEEE. Here are criteria that NIC uses to evaluate proposals.
- Completion of the project will further the strategic goals of IEEE
- A well-defined purpose or need statement for the program, product, or service
- The quality, innovation, and creativity of the project balanced by its likelihood of success
- A clear and realistic plan for successful completion of the project, including key milestones and objectives
- The project is scalable and broad enough to make an impact on the larger IEEE organization
- The proposal includes measurable outcomes and has an effective method to measure the success of the project
- The proposal includes a viable plan for the financial sustainability of the project after the NIC funding ends
- An initiative leader has been named and a capable team of volunteers has been identified
- The project leader has expertise to conduct the project
What are examples of proposals that NIC will not fund?
NIC receives a wide range of funding requests but will not fund the following types of proposals:
- University, private company, and individual research and development projects, including prototypes and testing products
- Venture capital for patent-able inventions
- Humanitarian activities typically funded through other IEEE mechanisms
- Overhead (general and administrative or indirect costs)
- Ongoing activities or operational costs of the applicant
- Construction or building renovations (unless it is an extraordinary strategic initiative)
- Lobbying or electioneering
- Commercial promotion activities
- Personal or commercial loans
- Grants with an individual as the sole beneficiary
- Scholarships to individuals or institutes
- Participation of specific/individual teams at competitions or conferences
- Extensive travel and meeting expenses
Does the New Initiatives program fund IEEE conferences?
IEEE sponsors more than 1,300 conferences annually around the world and is a major source of revenue. Historically, NIC has not provided seed money to new conferences since it is major part of IEEE's on-going business.
Does the New Initiatives program provide venture capital?
Does IEEE provide funding for humanitarian activities?
When do I need to get a volunteer champion to endorse the project?
Why does the project need an IEEE staff project manager?
Staff project managers will support the initiative leader and volunteer team. They will engage appropriate IEEE stakeholders in the project and coordinate resources, monitor schedules and budgets, provide an ongoing picture of progress, status, and issues, and interact and communicate with the project team. The project manager will ensure communication and coordination of work activities and the integration of resources and project components.