The Sponsored Research Agreement is the agreement between the licensee and the organization containing the terms and conditions under that the sponsored research shall be performed. Here there is the principal investigator and that specifically refers to the agreement for the clarification of the rights related to the improvement and the licences subject matter. It is the grant, contract, subcontracts between the sponsor and organization for conducting research
FREE 10+ Sponsored Research Agreement Templates in PDF | MS Word
1. Sponsored Research Agreement Template
2. University Sponsored Research Agreement
3. Draft Sponsored Research Agreement
4. Sponsored Research & Collaboration Agreement
5. Sponsored Research Agreement Intellectual Property
6. Sponsored Research Fixed Price Agreement
7. Industry Sponsored Research Agreement
8. Institute Sponsored Research Agreement
9. Sponsored Research Non Profit Corporate Agreement
10. Sponsored Research Corporate Agreement
11. University Sponsored Research Agreement Example
5 Steps to create the Sponsored Research Agreement
Step 1: Agreement includes the governing areas
The agreement is the contract between the university and the non-federal sponsors to fund the sponsored project and research activity. Before signing by both the parties, it is preferred to review it and if necessary the negotiation and discussion takes place to ensure that the terms and conditions are mutually accepted by both the sides. The research officers are responsible for taking care of the entire agreement and the contract between both parties.
Step 2: Scope of the Work
The scope of the work must be included like the reporting and other deliverable. Through the mentioning of the work and the research activities, one can decide whether to sponsor the complete program or not. It is governmental and sometimes the non-governmental organization that funds the individual to train and take its research across the globe.
Step 3: Budget of the Resources
The pre-planning needs to be done before approaching and going for the funding as it is a long process and this will be cost-oriented. And if the work has the potentiality to grab the attention of the sponsors. For that, you should be prepared with the calculation and the sheet to show that the expenses need for carrying out the entire research activity.
Step 4: Payment Obligation and Timing
The research work highly depends on the sponsorship provided by the organization to carry out. With the time and the payment, it is possible to take the work smoothly. It is through the sponsors that the work and activity rely on as it is through the funding that you can purchase the important things required for the project. There might be a situation of the insufficient supply of payment and lack of time will leave the work stuck. This work needs the time and money of sponsors.
Step 5: Publication of Research Result
And with the publication of the research result and finding, the sponsors get the credit and benefits which are to be clearly mentioned in the sponsored research agreement. The research agreement has in it all the important mentioning in it to avoid the later confusion as the sponsors invested money in the project to also get some benefit out of it.
What are the uses of the Sponsored Research Agreement?
The Sponsored Research Agreement is the deal between the sponsors and the organization to conduct the research, instruction, and training. It is called the grant, subcontracts, and contracts, etc. It means that it is executed by the buyer and organization at closing to fund certain other research at the organization following the closing as identified therein, subject to terms and conditions set forth as agreed by the parties.
How does the Sponsored Research Agreement work?
The party agrees to fund specific research by one or more inventors who are directed to licensed subject matter. And these are directed to refer to the licensed sponsor agreement. Here the licensee and the organization mutually agree in writing and for the purpose of the agreement and each case it grants to the licensee an option to include the patented rights here under some or all of the patent rights arising from the research and development.
Is it beneficial to have a sponsor in Research?
The Sponsored Research Agreement is funding the activities by both the external sponsors and the organization itself and must be separated, budgeted for. The agreement is the alignment to confirm the funding and support from either the federal state or the private organization to conduct the activity. For eg: The awards to support the research efforts of the faculty. The main concern for sponsored research agreement to provide training to selected researchers.
Why do you need to have the Sponsored Research Agreement?
The award is made to the organization and the university with the provision that it may name the trainees. In case if the trainee leaves the university, it may reassign it to the other capable trainee. The sponsorship and funding are provided to the trainee rather than to complete the specific statement of work or research project. The aim of the funding is to provide support to the trainee and nothing else. The sponsored instruction includes the curriculum development and training activity.