For innovations that are in their infant stages, the OTC-managed Charger Innovation Fund (CIF) is available to assist pilot projects by providing financial support for the development of a proof of concept or prototype. It bridges the gap between where traditional research funds and investor dollars. Proposals for CIF funds are evaluated by an advisory council consisting of UAH faculty, research staff, and members of the local business community.

The objective of the CIF is to support short-term projects that will enhance the commercial value of UAH disclosed intellectual property assets. Financial support is designed to provide between $10,000 and $15,000 for a period of up to six months from the commencement of the project.  Project commencement shall begin no later than six months after award notification.

The CIF will support demonstrative commercial technology development work reducing an invention to practice, providing critical commercial-relevant data, or developing working prototypes. All projects will be viewed to accelerate the technology to the marketplace. It is a requirement that all proposals are based on intellectual property disclosed to UAH.