Entrepreneurial Leave (E-Leave)
The federal government has a Small Business Innovation Research (SBIR) program and a Small Business Technology Transfer (STTR) program which provides funding to small businesses. For the SBIR program, company principal investigator's primary employment (i.e. more than 50%) must be with the small business. If a full time faculty member is to be a PI on an SBIR grant, on the company side, he/she must reduce their UofL employment concurrent with the award such that they are less than 50% with the University.
Entrepreneurial leave is one option for the faculty member to consider when the individual plans to be a PI on an SBIR grant. Entrepreneurial leave may also be an option for a faculty member who will be conducting research/providing services on the company side and he/she needs to reduce their load on the University side due to the effort commitments with the small business for an SBIR or STTR award.
If a faculty member wishes to request E-leave, they should do so in accordance with their unit's procedures for requesting leave. E-leave must be processed and approved just as any other form of faculty leave in accordance with the policies and procedures of the respective academic department and school/college. In addition, E-leave needs to be coordinated with the Office of Industry Contracts for those situations where the PI desires to have the small business contribute toward UofL benefits.
Fringe Benefit Information