Rapid Investment Program Grants

Rapid Investment Program Grants Overview

The Rapid Investment Program (RIP) aims to substantially invest in the research programs of faculty with a demonstrated track record of success in receiving external funding, who are primed to grow their research program, and who are poised to acquire new external grants by submitting external funding proposals within 6-9 months. These strategic investments are a highly-competitive program with the goal of generating a strong return on investment. It is anticipated that each RIP award will be approximately $75k-$100k for one year. Details of the application process for the RIP follow below.

Rapid Investment Program Details

Application Process

Application Deadline

Proposals are accepted in a continuous, rolling submission window. Awards are contingent upon the availability of funds to the RIP.

Proposal Preparation

Faculty should prepare a single PDF document composed of a 1-page research proposal, a budget, a budget justification, and an external funding plan. Proposals should be submitted via the RIP Grant FormStack Application.

  • The research proposal should include enough detail to make a case for the investment and to lay out a clear plan for how the proposed funding will enable growth of the research program and facilitate submission of external funding proposal(s) within 6-9 months.
    • literature or references cited do not count toward the 1-page limit.
  • Budgets should be 1 year in duration.
    • budgets proposing the use of graduate students should include full tuition.
    • travel is ordinarily not an allowed cost unless the travel is essential for enabling the proposed research.
    • budgets do not count toward the 1-page restriction.
    • budget justifications must have an accompanying section and description of each budget category included in the budget.
      • the justification for each category should be a concise description for why that particular budget category, and the amount requested, is necessary for success of the proposed research.
      • budget justifications do not count toward the 1-page restriction
    • External funding plans must include:
      • details regarding the funder(s) and grant mechanism(s) that will be pursued.
      • an anticipated timeline for applying to the identified grant mechanism(s).
      • evidence of demonstrated success in submitting and receiving external funding awards.
        • this evidence will typically be provided through a list of current and former grants.
      • external funding plans do not count toward the 1-page restriction.
    • External funding plans must propose the use of grant mechanisms that allow for full indirect costs.
    • Awardees will be required to work with the Office of Research and Innovation (ORI), and external grant consultants chosen by ORI, in preparing proposals for external funding.
Proposal Review

For each submitted proposal, the Special Assistant to the VPRI, the Committee on Faculty Research (CFR) Chair, or select members of CFR from the cognate area of the submitted proposal will evaluate the proposal. Other members of the Miami University research community, or external reviewers, may be called upon for review if the Special Assistant to the VPRI determines that additional review expertise is needed. Award recommendations will be reviewed by the VPRI and the Office of the Provost. Modifications to proposals, as requested by the VPRI or Office of the Provost, may be necessary before an award is made.


A limited number of awards will be made and the program is expected to be highly competitive. Awards will be administered and tracked by the ORI. Check-ins with awardees will be conducted by ORI at 3-month, 6-month, 9-month, and 12-month intervals to provide connections between awardees and ORI and enable assistance with external proposal preparation, pre-review, and external consultation.