Foundation / Corporation
The Raymond Corporation
Grants to USA and Canada researchers and professors affiliated with IHEs for innovative scientific research related to the manufacturing industry. The purpose of the grant program is to encourage applicants to utilize their expertise in technical and engineering fields in relation to material handling. Projects may involve areas such as virtual and augmented reality, energy infrastructure, and machine learning. Eligible use of funds includes salaries, equipment, and university overhead.
The Raymond Corporation, a Toyota Industries Company, is making research funding available in the fields of material handling through its University Research Program. Raymond is seeking proposals for academic research that drives new technology or innovative approaches to the material handling industry.
Many of the areas that the industry has been involved in include virtual reality/augmented reality, energy infrastructure, Internet of Things (IoT), Industry 4.0, ADAS systems, and machine learning. Proposal themes related to the above areas are encouraged, but given the broad nature of material handling other themes are welcome. The Raymond Corporation was created to drive the next generation of approaches and technologies for the entire material handling industry. The industry’s end-to-end approach to provide complete solutions to customers that are smarter, more efficient, and more effective has fueled this program. The mission of The Raymond Corporation is to encourage professors and researchers to apply their synergies and collaboration between collegiate research and The Raymond Corporation.
University Research Program Research Themes:
For questions related to these themes, see the URL for Full Text (RFP).
GrantWatch ID#: 184508
It is anticipated that multiple awards will be made.
- Selected proposals will receive financial support of up to $500,000 per year. Grant amounts have ranged from $100,000 to $500,000. The average proposal is between $250,000 and $300,000.
- Aside from the funding for their projects, selected researchers will receive recognition for their work within their university, the material handling industry and for their published results.
- Overall program must be completed in 12 months.
- Faculty that receive financial support through the University Research Program (URP) may be invited to renew the contract for up to three years based on the research outcomes.
Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.
Completed proposals and supporting documents should be sent to:
University Research Program Ambassador
The Raymond Corporation
22 South Canal Street
Greene, NY 13778
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