Global Futures Fund
The Global Futures Fund 2.0 has launched
-
2025
-
Nov
-
Nov. 13
Launch of Fund 2.0
-
Nov. 26
Ideas Exchange (SLC Black and Gold Room, 9 am – 12 pm)
Click here to register.
-
-
Nov
-
2026
-
Feb
-
Feb. 02
Deadline for submitting Expression of Interest (EOI)
-
-
Mar
-
Early March
Invitation to successful Leverage and Scale grant applicants from Stage 1 to proceed to full proposals (Stage2). Successful applicants for Pre-seed grants will be confirmed, with funding commencing in June 2026.
-
-
May
-
Early May
Submission of Stage 2 proposals
-
-
Jun
-
June
Announcement of Global Futures Fund 2.0 Initiatives. Funding to commence in September 2026.
-
-
Feb
Join us November 26, 2025
Overview
In line with our long-term strategic vision, Waterloo at 100, the Global Futures is made up of five interconnected areas: Societal, Health, Sustainable, Technological, and Economic. Committed to the future of humanity and our planet, these areas align with our academic and research strengths to progress our work across disciplines and organizational boundaries.
The Global Futures Fund aims to catalyze and support a wide range of initiatives that advance the vision of Global Futures through collaboration across various campus units and external partnerships and resources. Competitive funding will provide the opportunity to conduct impactful activities that address and anticipate our world's most pressing challenges.
‘The first round of the Global Futures Fund (Fund 1.0) launched in April 2025 as a pilot program. Funding for the first set of Global Futures Initiatives was announced in September 2025. Learn more about the Initiatives here.
The Office of the Global Futures connects people, ideas, and resources across the University of Waterloo and with external partners in research/scholarship, education, and service. The Office supports these efforts with expertise, funding, and shared services. Shared services are provided in communications, marketing/branding, event management, and knowledge mobilization, maximizing funding for development and programming.
Shared Services
As an efficiency measure, an Shared Services model provides part-time support to funded initiatives to alleviate the need for some of their most common functions. A suite of resources such as in financial controls, communications, event management and knowledge mobilization can be deployed based on service agreements over the duration of funded initiatives. In addition to increasing efficiencies, the GFO anticipates shared services will accelerate the cross-pollination of ideas and connections between initiatives. In the second stage of the submission process, applicants will be asked to describe hhow their initiative might take advantage of the shared services model.
Objectives
The Global Futures Fund aims to:
- Support the development of new/emerging[1] or existing interdisciplinary and collaborative initiatives and
- Foster the establishment of activity that proposes to (1) convene and spark connections within a given Futures area (a “network”), or (2) develop problem-centric approaches and opportunities for engagement in research/scholarship, education, and/or service to define, deepen, and advance impact in one or more Global Futures (a “node”).
Eligibility
University of Waterloo faculty and staff members are welcome to apply, subject to the following conditions and requirements:
- Each application must align to one or more of the University’s mission in (a) research/scholarship, (b) education, and/or (c) service. Where the application comes from a service-oriented unit, it must demonstrate connections to research and/or education.
- Each application must be developed by a Lead Applicant who is a current UWaterloo regular Faculty member (as per the definition of Policy 76 section 2.A) or Staff member (Director level – or equivalent – or higher). Additional team members will need to be identified and approved through the proposal review process led by the GF Steering Committee. Team members can be external members to UWaterloo and/or internal part-time/full-time/contractual members of our employee and graduate student communities.
- Dean(s) sponsors are not required in Stage 1 of the competition process. Successful Stage 1 applicants will be invited to complete a full proposal in Stage 2. Each proposal submission will need at least one Faculty Dean sponsor. Co-sponsors are encouraged (i.e., where two or more Deans come together to jointly sponsor an initiative).
- Funding cannot be used for salary and human resources costs for regular employees. Exceptions can be considered for funding to cover partial or full salary for contingent-on-funding (COF) positions, either existing or net new as a result of a proposal to the Global Futures Fund. A rationale to justify funding for COF positions must be provided.
Funding
Amount and Lengths
This round offers up to $1.5 million in funding for all projects across three grant categories to support innovative initiatives at every stage of development. Whether you're just starting to explore an idea or looking to expand an existing initiative, there's a grant stream designed for you:
-
Pre-seed grants of up to $50K for one-year. These grants support feasibility assessments, convening groups to ideate and collaborate, and/or for proposal development for future funding opportunities including the Global Futures Fund.
-
Leverage grants of up to $200K over two-years. These grants serve to support the development of a new activity /project as part of an existing initiative or unit at the University of Waterloo.
-
Scale grants of up to $500K over three-years. These grants will support the growth of activities within an existing initiative or unit for greater scale and impact.
The goal is to fuel the big ideas coming out of UWaterloo and its Global Futures. To that end, the University intends to increase the overall value of the Fund over time, through external partnerships, advancement and philanthropy, and combining disparate funding sources. The Global Futures Office looks forward to near-term growth and to announcements for larger funding opportunities.
Funding Criteria for Leverage and Scale Grants
Final proposals will be adjudicated by the Steering Committee based on the following criteria:
- Impact on one or more Global Futures as per Waterloo at 100 and the articulation of the five Global Futures: Societal, Health, Sustainable, Technological, and Economic. Initiatives proposed or submitted for support for existing or expanded activity should address how one or more Futures are being advanced and how impact will be demonstrated and measured.
- Leverage existing and emerging strengths. Proposals should describe how UWaterloo’s academic, research, and founding differentiator strengths are being leveraged.
- Activities across disciplines and units. As per Waterloo at 100 and the Provost’s Advisory Committee on Building a Resilient University of Waterloo, proposals should describe existing or planned efforts to work effectively and efficiently across faculties and/or academic units to create interdisciplinary initiatives in education and/or research/scholarship. These should highlight where and how initiatives are a result of collaborations across academic and academic support units (ASUs) at UWaterloo. Specific references to the PAC recommendations are suggested, where applicable.
- Engagement of external partners. Proposals should outline how external stakeholders will be engaged. This critical effort in outreach, relationship building, and partnership development indicates both the desire to be connected to real world challenges and forecasts how present and future resource needs will be addressed for sustaining and expanding activity. To the extent possible, references can be made to how funding needs will be diversified through such external engagement.
Diversity of Funded Initiatives
Each cycle of initiatives supported by the Global Futures Fund will represent a portfolio of diverse activities in:
- Research/scholarship and education. A key goal of the Global Futures is to focus on the university’s collaborative, interdisciplinary approaches across academic programs and research/scholarship. Within academic programming, innovation is highly encouraged. References can be made to partial/full cost-recovery and surplus revenue generation models. References on leveraging administrative supports in academic programming are encouraged. Where service-oriented activities are proposed (i.e., those that do not explicitly map to the teaching and/or research mission of the University) a clear connection to core mission activity will be needed.
- Pre-seed, leverage, and scale. Funding decisions will also consider the range of ideas and initiatives coming forward. In particular, one goal is to achieve a good balance of funding across the continuum of pre-seed ideas to scaling initiatives.
- University constituents/partners. Internally, the University consists of a broad and wide-ranging community of faculty, staff, students and alumni, and externally, includes the full spectrum of partners from the local community to global university peers, non-government and civil society partners, and to government and industry stakeholders. The Steering Committee will favor an overall cycle of funded initiatives that engage a range of constituents/partners internally and externally.
- Impact through local to global pathways. Waterloo at 100 outlines three guiding principles critical for the Global Futures. One of those principles, “lead globally, act locally,” means that we contribute to local needs as we work on global issues. Waterloo at 100 also focuses our attention to our local communities through collaborative relationships and activities. Change starts at home. The Committee will seek an overall cycle of funded initiatives that exhibit this local-to-global principle in action.
- Faculty and ASU contributions. One of the key enablers to ensuring sustainability is to seek and/or secure internal contributions. Strong applications will reflect this lever, drawing on supports aligned to goals from within one’s Faculty and/or ASU. Supports can come through financial and in-kind resources and can be identified or committed through the proposal in the second part of the submission process.
Submission Process
The following two-stage submission process is in place with timelines as referenced.
Stage 1: Expression of Interest
Applicants are requested to submit an Expression of Interest (EOI) by Monday, February 2, 2026 by 11:59 p.m. EST. To access the EOI form, applicants are required to log in using their UWaterloo credentials.
There are two EOI forms to choose from. Select the Pre-seed funding EOI form for new ideas. Select the Leverage or Scale EOI form for existing initiatives.
Applicants can prepare their responses prior to entering into the EOI Form using the below PDF templates: Pre-seed and Leverage/Scale.'
After applicants fill out the required fields and the EOI form is submitted, applicants will be prompted to save the form to allow for additional edits (using the “save my response to edit” function) in Microsoft Forms. Edits of the form are permitted up until the due date.
Select one of the following Expression of Interest forms based on whether you have a new idea (Pre-seed) or are seeking to start (Leverage) or scale (Scale) activities under an existing initiative at UWaterloo:
Important note:
PDF files for both EOIs are available for download.
These are for reference purposes only all EOIs must be submitted electronically using the linked forms above.
Download a PDF of Expression of Interest Global Futures Fund 2.0 - Pre-Seed Funding
Download a PDF of Expression of Interest: Global Futures Fund 2.0 - Leverage/Scale Funding
* View/Download using UWaterloo Microsoft account. Last updated November 25, 2025
|
Pre-seed |
Leverage or Scale |
|---|---|
|
Seeking pre-seed funding to develop your idea to be ready for other funding opportunities in the future Up to $50K for one-year |
Funding to unlock a new project/activity within an existing initiative or unit Up to $200K for two-years OR Funding to grow and scale an initiative or unit, up to $500K for three-years |
A reminder that, letters/notices of support from Deans ARE NOT required during Stage 1. There will be no mechanism to attach such additional material to the EOI form. EOIs will be reviewed by the GFO to ensure eligibility requirements are met. Eligible EOIs will then be provided to the GF Steering Committee who will adjudicate submissions based on the criteria of the Fund.
Check back here later in November to access Stage 1 adjudication rubrics for pre-seeded and existing initiatives.
Stage 2: Final Proposals and Announcements
Successful applicants who submitted EOIs in Stage 1 for Pre-seed ideas will be notified in early March 2026. Additional administrative information may be required, however a detailed proposal will not be necessary, given the nascency of the ideas. The GFO will communicate the terms of funding agreements. Pre-seed grants will be accessible beginning in June 2026 for one year of activity.
Successful applicants who submitted EOIs in Stage 1 for leverage or scale activities will be invited in early March 2026 to submit a full proposal. Exact dates and further details will follow for leverage or scale initiative applicants entering Stage 2. Stage 2 proposals will be due in early May 2026.
Final notice of results for Stage 2 will be announced by the end of June 2026. Funded initiatives will receive their first disbursements at the start of the Fall 2026 term.