Evergreen Gap Fund
Led by OTC, in partnership with Georgetown Advancement, the Evergreen Gap Fund supports innovative technologies with high commercial potential and societal impact. By funding proof-of-concept studies and prototype development, the initiative bridges the gap between cutting-edge research and real-world application. The Evergreen Gap Fund, announced in 2024, evolved from the Georgetown University Gap Fund, established in 2021.
Call for Applications opens Jan. 20, 2026.
Key achievements
- Since 2021, the fund has supported 11 projects and awarded more than $1 million
- Several funded projects have made significant advances in their respective fields, with three successfully out-licensed following additional data collection
Originally established through a generous $1M gift from Bill Baker (C’54) and Ruth Baker (Parents ’80, ’84, ’88), the fund addresses critical funding challenges faced by early-stage research innovations in the current federal budgetary landscape.
To learn more about the Evergreen Gap Fund’s origin and its impact, please explore our previous news coverage below and read about awardees from 2021 through 2025:
- 2025: Gap Fund Advances Cutting-Edge Georgetown Research Toward Real-World Applications in Fourth Funding Round
- 2024: Announcing the Evergreen Gap Fund
- 2023: Bridging the Gap: GUMC Gap Fund, powered by Georgetown’s Office of Technology Commercialization & Office of Advancement, continues to fuel groundbreaking medical research
- 2022: Alumnus gift continues to support early-stage medical research through GUMC Gap Fund
- 2021: Alumnus gift supports medical research through milestone-driven Medical Center Gap Fund