Start-Up Funds (a.k.a. Internally Restricted Research Funds)

CORIS, in collaboration with the Office of the Vice-President (Research, Innovation and International), Finance, and the Faculty Decanal Offices, manages start-up funding in accordance with the Externally Sponsored and Internally Restricted Research Fund policy available on the University Secretariat’s University Policies page. Start-up funding is deposited into an account that becomes your Internally Restricted Research Fund (IRR).

Amount: At the outset will corresponds to that which is indicated in your employment agreement. (The amount will change over time in accordance with additional research funding you may receive which does not require specific financial reporting or deliverables, such as the portion of indirect costs from research agreements and awards as per policy.

Access Begins after you take up your position and ends upon termination of employment or retirement without properly approved continued affiliation to the University that enables researchers to hold external research funding, such as the rank of Emeritus Professor, Distinguished Professor or Adjunct Research Professor.

View the Finance webpage for more information regarding the IRR

Start-up\IRR Establishment Process :

Step 1: Faculty Decanal Office issues funding memo

Step 2: Office of the Vice-President (Research and International) issues funding memo (Note: If the hiring is conditional upon the completion of a PhD, memos are only issued once the requirement is satisfied.)

Step 3: Memos are communicated to Research Financial Services (RFS) for the Directorate to establish an internal restricted research (IRR) fund.

Step 4: RFS notifies the faculty member the fund has been opened and provides them with the relevant terms and conditions.