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Faculty Grants


The Center for Entrepreneurship offers grants to support research and teaching in the areas of innovation and entrepreneurship.  At least two grants will be awarded each semester. Full-time College of Business faculty who are academically qualified or professionally qualified are encouraged to apply. 

Any research project or curriculum development (including enhancements to an existing course) that demonstrates a clear link to innovation or entrepreneurship is eligible for funding.  Research funds can be used for all expenses associated with conducting research, such as paying for databases, surveys, equipment, etc.  Grants cannot be used to directly compensate faculty, but may be used to pay administrative assistance with proper documentation.  Grants may be used to pay for travel to conferences to present papers and other types of travel associated with your research or curriculum development, such as travel to interview executives at a company.

Grants range from $1,000 to $3,000.  Larger grant amounts will be considered based on the potential outcomes of the proposal.


The program is open to full-time COB faculty members whose annual evaluation includes research, including program directors. Faculty members who have not finished using funds from past CFE grants cannot apply for another grant, unless they agree to forfeit the balance of the previous grant. 


Grant applications are accepted at any time.  Award winners are allowed three (3) years to complete the project, based on the scope of the proposal.  Submit the proposal electronically to Carol Hamilton, CFE Interim Director, at  Include "CFE Grant Proposal" in the subject line.

A committee of past CFE Grant recipients will review the proposals; grants will be awarded within 30 days.


Proposals should include the following:

  1. Project Summary, including objectives and method (1-2 pages)
  2. Grant Amount Requested and List of expected expenses (1 page)
  3. Professional Vita
  4. List of outstanding grants (source/amounts/completion dates) (1 page)


Grant applications will be evaluated based on the following criteria:

  1. Advances innovation and entrepreneurship.
  2. Generates an expected deliverable based on the funds requested.
  3. Supports the mission and goals of the Center for Entrepreneurship and the College of Business.

Professional credentials of faculty will be considered when reviewing proposals of equal or comparable merit and when determining an applicant's potential for successful grant activities.


Any publication resulting from activity assisted by CFE grants should include the following statement:

  "This work was supported by the Center for Entrepreneurship, College of Business, James Madison University."

Working papers resulting from the research are strongly encouraged to be submitted to the Center for Entrepreneurship's Faculty Research Papers Series.  Grant recipients are asked to notify the CFE when research is published or when curriculum development is implemented.

If you have any questions or would like more information on faculty grants, please contact us at