Advantages for funding agencies to work with Inspire Institute
There are numerous advantages for funding agencies to choose to fund researchers in Inspire over conventional institutions:
- Inspire Institute is approved as part of its non-profit status to solicit funding from research organizations across the United States and the world.
- Functionally the same as funding any credited university in the US.
Low Overhead
Inspire coordinates researchers across the world while minimizing costs by leveraging virtual communication tools.
- Overhead charges to sponsored work are very small in comparison with conventional institutions
- Conventional institutions support a wide range of individuals, activities, buildings and maintenance, much of which is peripherally involved in direct research.
- Inspire reduces many indirect costs and charges
- sponsor will generally have a larger percentage of funding in direct charges compared to conventional institutions
- Inspire reduces many indirect costs and charges
Bottom-up Program Management
Inspire is organized as a bottom-up organization rather than top-down
- Inspire desires to provide or delegate as much authority as possible to those actually performing work
- Inspire does not desire to provide very specific direction to individuals from the top of the management chain
- Program management delegated via bylaws to the principal investigator
- Upper management at Inspire does not intervene on decisions of the principle investigator regarding either program execution or in the expenditures of funds
- except in cases where illegal or improper activity is suspected.
- Program management delegated via bylaws to the principal investigator
Equipment, material, and supplies
Equipment purchased with sponsored funds:
- Custodial responsibility is assigned to the Principal investigator.
- Is submitted into an inventory tracking database.
- Remains under the principal investigators control during the program
- With sponsor approval will be continued to be assigned to the principal investigator after the program has ended
- or as directed by the sponsor, statement-of-work, or work contract.
- or as directed by the sponsor, statement-of-work, or work contract.
Intellectual Property
We have on-hand experts who previously have served as head of sponsored programs and are well qualified in
- The process of funding acceptance
- Meeting program reporting and other sponsor requirements|
- Understanding or familiar with copyright, trademark, and US patents
Salaries of researchers
- Inspire Researchers that take part in externally funded research
- Can be requested to be aligned with the equivalent current GS categories of government service
- Can be requested to include adjustments for locality pay.
- Can be requested to be aligned with the equivalent current GS categories of government service
- Management, in conjunction with input from sponsors and others and through quarterly briefings, provides evaluation of work performance on a yearly basis.
- This can affect advancement or promotion, year-end bonuses
In short, Inspire Institute is well-suited for sponsored research where deliverables take the form papers, reports or presentations, i.e. investigation, consultation, and publications (ICP). When program deliverables are beyond ICP, Inspire will consider accepting funding on a case-by-case basis.