A sponsored project is defined as an activity that is sponsored, or funded by an external organization, such as a federal, state, or private organization or agency.

The characteristics of a sponsored project include:

  • Specific scope of work or set of specific aims
  • Financial accountability and/or reporting; the funds must be separately budgeted and accounted for
  • Specific period of performance
  • Deliverables, including a final technical report
  • Disposition of property; including intellectual property and publications