blog postsWelcomeHomeTwice per year, the University of Illinois Foundation provides seed funding for initiatives that will enable the University advancement program to adapt rapidly to changing industry or customer needs. These quick-to-market strategies, programs, products, or technologies represent new ideas or entirely new spins on old ideas in the higher education advancement or charitable giving spaces. UIDEA was designed to embed a spirit of innovation throughout the advancement enterprise, reflective of the innovation exhibited by the students, faculty, and staff at our great universities. Strategic and annual planning and budgeting activities provide the opportunity to address immediate gaps or to adopt best practices from other institutions. Accelerator initiatives by contrast: tackle new areas of growth for UI (especially where the University of Illinois can lead the nation in particular markets); translate societal and consumer changes from other industries to higher education advancement; introduce new ways of doing business; or disrupt the nonprofit industry. Read more about the accelerator process.