Global Futures Fund

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Overview

In line with our long-term strategic vision, Waterloo at 100, the Global Futures is made up of five interconnected areas: Societal, Health, SustainableTechnological, 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 resources. Competitive funding will provide the opportunity to conduct impactful activities that address and anticipate our world's most pressing challenges. 

Global Futures Fund 1.0 is a pilot program launching on an accelerated timeline, with funding starting in September 2025. Applications for 1.0 are now open, and the call for Global Futures Fund 2.0 will be released in Fall 2025. To learn more, and ask questions about the Global Futures Fund, register for the Information Session on April 10, 2025 from 3:00 - 4:00 p.m.

The Global Futures Networks (GFN) connects people, ideas, and resources across the University of Waterloo and with external partners in research/scholarship, education, and service. The Global Futures Office (GFO) supports these efforts with expertise, funding (through the Global Futures Fund), and shared professional services.

The GFO also provides Shared Professional Services (SPS) such as in financial controls, communications, event management, and knowledge mobilization to successful applicants, maximizing funding for development and programming.

Shared Professional Services (SPS)

As an efficiency measure, an SPS 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 how their initiative will benefit from the proposed SPS model.

Objectives

The Global Futures Fund aims to:

  1. Support the development of new/emerging[1] or existing interdisciplinary and collaborative initiatives and
  2. 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”).
[1] The GFO will provide guidance on governance pathways for review/approval of new initiatives.
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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 GFN 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.
  • Each application will need a 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. A rationale to justify funding for COF staff must be provided.
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Funding

Amount and Lengths

A total budget of $5 million over the next three years (FY 2025–2028) is available.

  • Funding for pre-seed activities for up to one year, to develop more substantive teams and proposals, for example, will be eligible for up to $100K.
  • For emerging or established initiatives, funding between $100K to $250K per year for up to 3 years can be considered.

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

Final proposals will be adjudicated by the Steering Committee based on the following criteria:

  1. 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.
  2. Leverage existing and emerging strengths. Proposals should describe how UWaterloo’s academic, research, and founding differentiator strengths are being leveraged.
  3. 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.
  4. 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:

  1. 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.
  2. Pre-seed, emerging, and existing. Funding decisions will also consider the composition of successful initiatives. In particular, a goal for this cycle is a balance of funded initiatives from those in ideation to implementation stages.
  3. 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 Committee will favor an overall cycle of funded initiatives that engage a range of constituents/partners internally and externally. 
  4. Impact through local to global pathways. Waterloo at 100 outlines three guiding principles critical for the GFN. 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.
  5. 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. 

Global Futures Initiatives (GFIs) - Examples

Global Futures Initiatives - Examples

The Fund is meant to encourage and inspire transformative ideas that help advance the Global Futures. Below are types of initiatives that will make up the Global Futures Networks. Note, how in each type offered below, there is reference to initiatives that integrate components of research, education, and/or service. An information session describing in more detail the various aspects of the fund will be held on April 10, 2025.

  1. Type A: Research-based. Interdisciplinary research centres, institutes, initiatives, and networks advance problem-based inquiry, scholarship, collaboration, co-production, co-creation and knowledge translation to impact society – locally and/or globally, and through the five interconnected Global Futures. Funding can support existing research-based activity or help expand such activity to include more robust interdisciplinarity and cross-campus connections to education and/or service.
  2. Type B: Educational. Funding can support the ideation and development of new interdisciplinary programs to develop talent capable of advancing the Global Futures – including opportunities that lie at their intersections. Interdisciplinarity across academic programs at the University will benefit from greater intentionality and more formal frameworks. Initiatives might build upon or establish new pathways to undergraduate and graduate research opportunities for our students. Such initiatives might also forge connections with various functions and offerings from the University’s academic support units, for example for innovating approaches and pedagogy for more effective delivery, or for advancing thematic areas integral to community campus and culture.
  3. Type C: Service-oriented. Initiatives can work across academic support units in pursuit of goals aligned to advancing our Global Futures. These initiatives might, for example, tackle problems applicable to one or more Future(s), that can be tested and implemented on our campus and/or with regional constituents. These initiatives must identify and form partnerships with research and/or educational programs.

Submission Process

The following two-part submission process is in place with timelines as referenced.

Part 1: Letters of Interest and the GFN Pitch

Applicants first submit a Letter of Interest (LOI). LOIs must be submitted by Monday, May 12, 2025 by 11:59 p.m. EST. In order to access this form, you will need to log in with your UWaterloo credentials. Your LOI can be saved and edited until the due date by filling out the required fields and submitting the form. There will be an option to "save my response to edit" after submitting, and once this is selected, your form can be found in your Microsoft Forms account where you can edit until the due date.

LOIs will be reviewed first by the GFO to ensure eligibility requirements are met. Eligible LOIs will be shared amongst all applicants to provide insight on projects and encourage potential connections leading up to, and following, the GFN Pitch. 

Applicants of each eligible LOI will then be invited to the GFN Pitch. The GFN Pitch is a hybrid forum where applicants will have the opportunity to present their key ideas in greater detail to the Steering Committee, receiving feedback to help refine and strengthen the next phase of the submission process. Applicants will be asked to sign up for a 15-minute time slot on Tuesday, May 27, 2025 or Thursday May 29, 2025, between 9:00 a.m. and 4:00 p.m. 

The GFN Steering Committee will adjudicate LOIs following the GFN Pitch. Successful applicants will be invited to submit a full proposal.

Part 2: Final Proposals and Announcements

Successful applicants from the GFN Pitch will be invited to complete a full proposal submission due by late June. Further details will follow. 

Final notice of results will be announced by early September. Funded initiatives will receive their first disbursements in September 2025.

Timeline

April 3, 2025 Call for Global Futures Fund 1.0 LOIs
April 10, 2025 Information Session on the Global Futures Fund (hybrid)
May 12, 2025 LOIs due
May 27 and 29, 2025 GFN Pitch
Late June 2025 Final proposals due
Early September 2025 Announcements for Global Futures Fund 1.0
September 2025 Start of funding 

Information Session Registration

The Global Futures Fund Information Session will be held on April 10, 2025 from 3:00 - 4:00 p.m. in NH3318. If you cannot attend in person, there will be an option to join online. Light refreshments will be served.

*For those who cannot attend, there will be an FAQ section added to this webpage following the session.

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Contact

Any questions regarding the Global Futures Fund can be directed to Fayaz Noormohamed.

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