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Wells Foundation Funding

Wells Foundation Funding: Projects that Focus on the Integration of Science and Business

In 2010, the college received a 3-year grant from the Wells Foundation to support programs at the intersection of science and business. While this grant was meant to develop a science-business connection, proposals from outside the science and business departments are also encouraged as long as a strong argument can be made about the project's connection to business/economics and science. Please note that not all proposals can be funded and some may be partially funded or returned for resubmission in a following year.

The following project areas can be supported through Wells Foundation Funding:

  • Classroom-based Team Research Projects and Independent Student-Faculty Collaborative Research Projects (~$3000 annually; maximum of $1000/project). This pool is for student-faculty projects that can be completed during the semester and can be used to fund research materials and travel. (An example of a successful proposal.)
  • Senior Capstone Research Projects and Senior Theses (~$2000 annually; maximum of $1000/project) This pool of money is to be used to fund student-proposed research projects and can be used to pay for research materials and travel. Students wishing to apply for these funds should collaborate with a faculty mentor to a write a proposal. (Guidelines for the student application process will be available soon.)
  • Funding for January and August Term Student Faculty Collaboration (~$3000 annually; maximum of $1000/project). This category is for student-faculty projects done outside of the semester. Funds can be used to support small stipends for students, pay for research supplies, dining expenses, and to support travel to relevant conferences.
  • Curriculum Development ($7000 annually, Conference Attendance by teams of faculty)

This part of the grant is to support teams of science and business faculty traveling to professional conferences or workshops. Some possible conferences/workshops can be found on the following websites:

How to Apply

The proposals should include the following information:

  1. The type of grant that you are applying for (e.g. Funding for January Research) and a title for the project
  2. A brief summary of the project/research conference
  3. A budget. 
  4. A narrative description of the project/a narrative description your expected outcomes for the conference. Limit of 3 pages. You should include a description of the nature of the problem to be examined, the methodology to be used, and the expected end product of the project. You should also include brief justifications for items in your budget and a proposed time-line for the project.

A report (including an assessment of student learning) should be filed in the Dean’s Office by the first day of the semester following the semester in which the work was done. So, for example, if the project is completed in the Spring of 2011, a report on this project will be due on the first day of Fall semester 2011. 

Results of student research (type A, B, or C grants) should be presented at the Spring science poster session. Faculty obtaining support to attend conferences should present the outcomes from the conference at a faculty colloquium or other appropriate venue.

The deadline for the first round for proposals is Oct 15, 2010. If funds are left from this round, a second round of proposals will be due Jan 15, 2011. Please submit your proposal to Laura Moore, FID Committee (lmoore@monm.edu).