We understand running a business can be challenging, but this program could be a game-changer for you. It offers small-scale research grants for undergraduate-focused institutions, which means you can significantly enhance your biomedical research initiatives without the burden of repayment. Imagine being able to fund projects that not only advance knowledge but also engage and inspire your students.

Benefits of applying include:

• No payback requirement, allowing your institution to thrive financially while focusing on research.
• Funding for a variety of research-related expenses that can help elevate your programs and overall research environment.
• The chance to enhance undergraduate experiences, providing invaluable opportunities that can set your institution apart.

With no minimum revenue requirements and a flexible approach to qualifications, this program is designed to be accessible. You're on the right path at the right time. Exploring this funding could unlock new avenues for growth and innovation at your institution.

This program offers small-scale research grants. These grants aim to support institutions that have limited funding from the NIH, specifically focusing on enhancing undergraduate biomedical research experiences.

Key Financial Details:

• Repayment: Grants typically do not require repayment. Once awarded, the funds are yours to use for eligible expenses without the burden of paying them back.

• Eligible Expenses: Funds can be used for a variety of costs including:

  • Research materials and supplies.
  • Personnel costs directly related to the grant.
  • Equipment purchases necessary for research activities.

• Ineligible Expenses: Funds cannot be used for:

  • Construction or renovation of existing facilities.
  • Indirect costs not directly linked to the research.

• Fees: There are generally no additional fees associated with applying for or receiving these funds, making it a straightforward financial opportunity for eligible institutions.

• Type of Institution: Must be an undergraduate-focused institution that awards baccalaureate science degrees.
• NIH Support Limit: Must have received no more than $6 million per year in NIH support (both direct and indirect costs) in 4 of the last 7 fiscal years.
• Funding Calculation: For institutions with multiple schools, the $6 million limit is based on NIH funding received by all non-health professional schools and colleges within the institution as a whole.
• Location: Available across the country.
• Employee Requirements: No minimum or maximum number of employees required.
• Revenue Requirements: No minimum revenue qualifications; however, maximum NIH support is limited to $6 million per year.
• Legal Structure: All legal structures are applicable.
• Profit Structure: All profit structures are applicable.

Disqualifications:

• Institutions that receive substantial NIH funding exceeding $6 million per year are disqualified.

This program offers funding for small-scale research grants at institutions that typically don’t receive a lot of support from the National Institutes of Health (NIH). It's designed to enhance the undergraduate biomedical research experience for students while improving the overall research environment at your institution.

You can use the funding for various research-related expenses that align with these goals. This grant is especially beneficial if your institution has a focus on undergraduate science degrees and hasn’t received more than $6 million in NIH support in the past several years.

The best part? This funding does not come with a payback requirement. You can seize the chance to elevate your research initiatives without worrying about financial obligations later on. This is a wonderful opportunity for your institution to foster growth and create valuable learning experiences for students in the biomedical field.