You might find this program to be a game-changer for your path toward a faculty position. In this journey, it offers you valuable mentorship coupled with research funding, essential for launching a competitive academic career. The program is specifically designed to ease your transition and provide the necessary support to develop independent research projects that can elevate your profile in the academic community.

By applying, you stand to gain financial resources that can be channeled towards various research activities, helping you gain traction in your field. This funding can set you apart from others who may not have the same level of support. With the mentorship provided, you will be guided through the complexities of your new role, ensuring you are well-prepared for future challenges.

It’s worth noting that the qualifying process for this program is relatively straightforward, making it accessible for you to take advantage of this opportunity. The benefits are clear: funding, mentorship, and a unique chance to enhance your career in academia.

Type of Financing
This program offers a Grant. Grants are funds that do not require repayment, making them an excellent resource for business owners.

Repayment Terms & Interest Rates
As this is a grant, there are no repayment terms or interest rates to worry about. You receive the funding, and you do not have to pay it back.

Eligible Expenses
The funds can be used for the following expenses:

• Research support to help launch competitive, independent research programs.
• Costs associated with transitioning from postdoctoral to faculty positions.

Ineligible Expenses
The funds cannot be used for:

• Leading an independent clinical trial.
• Clinical trial feasibility studies.
• Ancillary studies related to clinical trials.

Fees Associated
There are no fees associated with applying for or receiving this grant. It’s straightforward: you apply, receive funding, and use it as designated without hidden costs.

• Must be a postdoctoral fellow transitioning to a faculty position at eligible U.S. institutions.
• The research proposal must not involve leading an independent clinical trial, a clinical trial feasibility study, or an ancillary study to a clinical trial.
• Both intramural and extramural phases of the career transition must include mentorship.
• No minimum number of employees required.
• No maximum number of employees required.
• No minimum revenue requirements.
• No maximum revenue requirements.
• All legal structures are applicable.
• All profit structures are applicable.

Disqualifications:

• Leading an independent clinical trial as the principal investigator disqualifies the application.

This program is designed to help postdoctoral fellows transition into faculty positions at eligible institutions in the U.S. It provides both mentorship and research funding during this transition. The goal is to support you in launching competitive, independent research programs that can enhance your academic career.

With the funding offered, you can use the money for various research-related activities. This support aims to facilitate your growth and help you gain traction in your field. However, it's important to note that you cannot lead independent clinical trials or related studies as part of this funding.

The mentorship throughout the process is invaluable. It guides you while you adapt to your new role, ensuring you're well-prepared for the challenges ahead. By taking advantage of this program, you can set yourself up for success in your academic journey.