BRAIN Initiative: Clinical Studies to Advance Next-Generation Devices for Recording and Modulation in the Human Central Nervous System (UH3 Clinical Trial Optional)
Highlights
You have a fantastic opportunity to engage in small clinical trials aimed at advancing devices for treating central nervous system disorders. This program provides funding to help you gather essential data necessary for the development and refinement of your innovative devices. Participating in this initiative not only enhances your product's safety and effectiveness but also boosts your chances of moving closer to market approval.
Through this program, you gain access to resources and support from a network of public-private partnerships. These connections can lead to partnerships with device manufacturers, especially those providing cutting-edge technology not yet available on the market. This could be the turning point for your business, as having financial backing alleviates some financial burdens while you focus on what matters: bringing your ideas to life.
Consider this a stepping stone towards elevating your business. The application process is straightforward, allowing you to spend more time innovating and less time worrying about funding. With no minimum revenue or employee requirements, it’s designed to be accessible to all businesses in the sector.
Financing Details
Type of Financing
This program offers grants specifically for small clinical trials. Grants do not require repayment, allowing you to focus on your research without the burden of loans.
Repayment Terms and Eligible Expenses
There are no interest rates, as the funding is provided as a grant. Eligible expenses may include costs for conducting the clinical trial, such as recruiting participants, utilizing necessary devices, and obtaining IRB or FDA approvals. These funds can help cover various aspects of your project, from initial setup to executing the trial itself.
Restrictions and Fees
Funds cannot be used for general business expenses or activities unrelated to the clinical trial. Additionally, there are no application fees or hidden costs; you receive the full grant amount without deductions.
Qualifications
- Location: Available across the country.
- Sectors: Open to all sectors.
- Legal Structure: All legal structures can apply.
- Profit Structure: All profit structures are applicable.
- Number of Employees: No minimum or maximum number of employees required.
- Company Revenue: No minimum or maximum revenue qualifications.
Disqualifications: None mentioned.
Description
This program is designed to help you conduct small clinical trials for devices aimed at treating central nervous system disorders and advancing our understanding of the human brain. You can engage in studies that explore new recording and stimulating devices, which may include innovative technology not yet available on the market.
Funding is provided to cover the costs associated with these clinical trials, designed to gather essential information. This information is crucial for the development and final design of your device. The trials can range from short procedures to more complex studies, allowing you to gather data that ensures your device is effective and safe for use.
Importantly, the program is part of a broader initiative, meaning there is a network of public-private partnerships that may provide additional resources and support. This relationship can enhance your access to devices and capabilities for your research, ultimately helping your business move closer to market approval. Taking part could be the key step in transforming your innovative ideas into practical solutions.
Program Steps
Gather the Required Documentation
Prepare the following documents to support your application:- A detailed project proposal outlining your clinical trial objectives.
- Background information on your organization, including mission and vision.
- A budget estimation for the trial costs.
- Relevant regulatory compliance documents.
- Any previous research findings or pilot studies related to your device.
Complete the Application Form
Fill out the application form accurately. Include all requested information about your business and the clinical trial.Submit Your Application
Send your completed application and documentation through the designated online platform or via email as instructed on the program website.Follow Up on Your Application
After submission, keep track of your application status. Be prepared to respond to any further inquiries or requests for additional information from the review team.Prepare for Review
If required, get ready to explain your project in detail during a potential interview or presentation. Be clear about how your trial will advance understanding of central nervous system disorders.Receive Funding Decision
Wait for the decision on your application. If accepted, review the funding agreement carefully before proceeding.