With the help of Madison Trust, Bailie Lavan (‘19M) and associate professor of biology, Dr. Patrice Ludwig (‘96, ‘01M), began searching for the distance to help restore oyster colonies in the Chesapeake Bay watershed. “Working with the investors that I’ve gotten to know has really given me confidence as a researcher,” Ludwig said.
PHOTOGRAPH BY CODY TROYER
Corporate Partners: • Seek alignment with business objectives, brand reputation, workforce development, market expansion, etc. • Expect two-way value exchange — funding is often tied to co-branding, employee engagement or other strategic business benefits • Funding can take multiple forms (grants, sponsorships, contracts, in-kind support) and may require a business case for partnership • Often prioritize brand visibility, return on investment and direct benefits to the company (e.g., workforce pipeline, technology development, etc.) Key Distinctions Between CFR and the Office of Sponsored Programs (OSP) The table on the right can guide you in determining the classification of your funding. In some cases, it may not be obvious if an award is a grant/sponsored project or a gift/ philanthropic grant. In these cases, we will work with OSP to review the documentation and decide which classification is most appropriate.
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