The University of Mississippi Medical Center (UMMC) is committed to building upon its legacy of cutting-edge research and discovery at the institution. With the distinction as an R-1 University, the highest research activity classification by the Carnegie Classification of Institutions of Higher Education, UMMC recognizes the importance of retaining and attracting world-class researchers and in supporting infrastructure critical to research activities. As such, the Research Mission is committed to strategic investments in support of such efforts.
Requests must meet all of the following criteria to be eligible, regardless of the investment type:
Complete the Research Investment Application, including any applicable attachments, via the online application. Applications will be accepted quarterly with the following deadlines:
Decisions will be made by Dr. Richard Summers, associate vice chancellor for research, on a quarterly basis. Those funded investments will receive an offer letter with the deliverables and deadlines outlined. Once signed by the requesting department chair, school dean, or center/institute director, letters should be returned to Janet Keniston, who will ensure the transfer of funds to the requesting area.
*In rare instances, emergency investment requests may be submitted for immediate funding needs that cannot wait for the next quarterly review period. These instances are reserved for unavoidable emergencies; any other circumstances, including failure to plan or to submit a timely request, will not be considered.
There is no repayment expectation for those investments meeting the agreed-upon deliverables by the agreed-upon deadline. In the event deliverables are not met or in the timeframe allotted, the requesting unit will be responsible for repayment of the difference of any investment not returned. For example, if an investment of $100,000 is made towards a start-up package for a recruited faculty member with the deliverable that she/he will earn at least this amount in indirect costs on extramural awards to the institution within three years and s/he earns only $75,000 during this time, the requesting department will be responsible for repayment of the $25,000 difference not earned by the deadline.
Funds not used for their intended purpose will immediately be repayable in full.