Foundation / Corporation
Life Sciences Discovery Fund
03/04/15 5:00 PM
Large grants to Washington for-profit and non-profit organizations that are seeking financial assistance to support life sciences research and development and/or commercialization-related initiatives. The next pre-proposal submission deadline is January 7, 2015. The goal of these grants is to improve human health and health care, stimulate economic activity, create and retain jobs, and promote life sciences competitiveness in Washington.
The expected outcome of a Proof of Concept grant depends on the applicant organization:
- If the applicant is a non-profit entity: to markedly enhance the probability that promising new technologies and concepts will be transitioned from the university and non-profit environments and be developed into products.
- If the applicant is a for-profit entity: help position early-stage Washington life sciences companies with commercially promising health-related technologies for their first significant round of equity investment funding.
Proof of Concept grants support research and development activities focused on demonstrating proof of principle or constructing prototypes. Types of projects envisioned include, but are not limited to, the following:
- Experiments to validate a technology’s use for a generic purpose: that a novel method can be used to deliver a chemical substance; or that a new assay reporter system has an acceptable sensitivity range.
- Experiments to validate a technology’s use for a specific purpose: an animal study to show that inhibition of an enzyme has a desired clinical effect; confirmation that a specific biomarker correlates with disease; or measurement of a physiological parameter in an animal model in response to treatment with a therapeutic device.
- Construction of a prototype product: assembly of an integrated research instrument to facilitate use with human subjects; chemical modification of a promising compound to generate a more suitable candidate drug; or development of a graphical user interface for a piece of software.
- Testing of a prototype: use of an instrument to image a specific anatomical region; pharmacokinetic studies on a possible drug lead; testing that a software tutorial can improve clinical practice; or safety or efficacy trials of a new drug or device in human subjects.
Expenditures to advance the business case for the proposed product (e.g., support of an entrepreneur-in-residence at a non-profit organization, or regulatory consultation) are allowable provided that they also advance the scientific/technical plan.
GrantWatch ID#: 148759
The maximum award is $250,000 in total costs.
Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.
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