While UC Berkeley’s Facilities and Administrative (Indirect Cost) Rate Agreement already covers Other Sponsored Projects and Sponsored Instruction, an exceptional 20% indirect cost rate applies to Innovation Services agreements when the following criteria are met:
- The university is supporting its entrepreneurial ecosystem through this program.
- The companies using this program are pre-revenue companies (no product sales).
- The agreement is non-negotiable as with other membership-type agreements. All companies in the program sign the same agreement.
Please remember to build the 20% indirect cost rate into your budget.
The largest percentage of the overhead, 10.5%, is returned to the I&E program and its supporting administrative unit.