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Research Newsletter
January 20, 2015  

PI Toolkit: How to Find and Interpret Sponsored Project Financial Statements

Friday, February 6, 2015
8:30 am – 9:30 am
Toepfer Room, Adelbert Hall

Thursday, March 5, 2015
11:30 am – 12:30 pm
Wolstein Research Building, Room 1403


This session was created for faculty principal investigators who have active Sponsored Projects. Attendees will learn about financial statements that are available to them via Launchpad. We will be discussing key statements which should be reviewed on a monthly basis to ensure financial transactions occur in accordance with university and sponsor policies. Examples of reports that will be reviewed include Income and Expense Statements, Salary Analysis and Status of Funded Projects.

Registration is online at: http://research.case.edu/Education/Onlinecalendar.cfm.

 
Case-Coulter Translational Research Partnership (CCTRP)

This is the fourth year of the second phase of the Case-Coulter Translational Research Partnership to support collaborative translational research projects that address unmet or poorly met clinical needs. The CCTRP seeks to reduce the market risk of promising new clinical products arising from the research programs of BME and other Case faculty. Successful projects will thus often focus on the development of prototype products, building relationships with companies, performing clinical feasibility studies, obtaining regulatory approval, and other activities that companies or business experts indicate are the essential last steps before a license can be negotiated or a startup launched. An overarching goal of the program is to foster research and development work likely leading to commercially relevant translational technologies within a three- to five-year horizon. Because the goals of all Coulter projects are to reduce market risk, all proposals are expected to reflect genuine business input, and all projects must include a “business advisor” as an important member of the decision making team.

Awards up to $200,000 will be considered if well justified.

Letter of Intent Deadline: February 13, 2015

For more information visit the BME website.

 
Visits by Federal Law Enforcement Officers

Many federal law enforcement agencies have university liaison programs. If you receive a visit or other contact from a federal law enforcement officer, the CWRU Compliance Office reminds you to first request identification and then to immediately contact the CWRU Office of General Counsel, 368-4286. The Office of General Counsel will communicate directly with the agency to ensure that any inquiries are addressed completely and appropriately.

Questions? Contact Lisa Palazzo (368.5791) or Boyd Kumher (368.0833) in the CWRU Compliance Office.

 
Ohio Third Frontier (OTF), Ohio Development Services Agency

The goal of the Ohio Third Frontier Technology Validation and Start-Up Fund (TVSF) is to increase economic growth in Ohio through start-up companies that commercialize technologies developed by Ohio institutions of higher education and other Ohio not-for-profit research institutions. Two separate mechanisms have been set up to achieve these goals:

Phase 1 –Technology Validation The specific objectives of this phase are as follows:
• To generate the proof needed to move technology to the point that it is either ready to be licensed by an Ohio start-up company or otherwise deemed unfeasible for commercialization.
• To fund validation activities, such as prototyping, demonstrations, and assessment of critical failure points in subsequent development, scale-up, and commercialization.

Phase 2 – Start-Up Funds The specific objectives of this phase are as follows:
• To support Ohio start-up companies that have licensed technology developed at Ohio research institutions during the critical early life of the company, and accelerate the time to market of this technology.
• To generate the proof needed to either commercialize the technology or move the technology to the point where additional funds needed for commercialization can be raised.
• To fund activities in order to generate the needed proof.

The TVSF will support technology that falls within the following areas: Advanced Materials related to advanced polymers, ceramics, composites, carbon fibers and nanotubes and specialty metals and alloys; Aeropropulsion Power Management; Agribusiness and Food Processing; Fuel Cells and Energy Storage; Medical Technology related to imaging, surgical instruments/equipment, implant devices, and regenerative medicine; Software Applications for business and healthcare; Sensing and Automation Technologies; Situational Awareness and Surveillance Systems; Solar Photovoltaics; and Shale.

Potential CWRU Applicants - Contact:
Michael Haag, MS, MBA, Executive Director, Technology Management, 216-368-6106 or mhaag@case.edu.

For more information on the TVSF visit the Ohio Third Frontier website.

 
Loaner CWRU ChromeBooks Support Data Privacy when Travelling

When it comes to travelling internationally with computer devices containing yet-unpublished research data or other private information, the University Compliance Office and CWRU Information Security Office urge you to “travel clean.” Consider leaving at home devices containing research data or other sensitive information which may be vulnerable to loss, theft, or export-licensing-related considerations.

The University Compliance Office and CWRU Information Security Office have partnered to make clean ChromeBooks (laptops containing no hard drive) available for loan to individuals travelling abroad on CWRU business. The ChromeBooks are integrated with CWRU’s Google Apps services, and are available for loan from Kelvin Smith Library on a first-come, first-served basis. Visit the Circulation Desk to check one out.

If you are unsure about any data or materials you plan to bring as you travel abroad, call Lisa Palazzo, Director of Export Control and Privacy Management, 368-5791, or Boyd Kumher, University Chief Compliance, Export Control & Privacy Officer, 368-0833, or email exportcontrol@case.edu.

If you have questions regarding information security, call Tom Siu, Chief Information Security Officer, 368.6959, or email ciso@case.edu.

 

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