This program is tailored for businesses like yours that operate within academic or research sectors. By applying, you can secure funding to acquire state-of-the-art scientific equipment, which will elevate your research capabilities and streamline your operations. Imagine having access to modern tools that not only enhance efficiency but also improve research outcomes.

The best part? There are no repayment obligations. This means you can invest your time and resources into advancing your projects without worrying about financial burdens in the future. Enhancing your facility's competitiveness can open doors to more advanced studies and projects, ultimately benefiting your overall goals and objectives.

Applying is straightforward, with no complex criteria to meet. This program is designed to support your growth, making it easier than ever to enhance your research efforts. Take advantage of the opportunity to power your innovative projects with top-tier equipment that can propel your business to new heights.

This program offers grant financing. Grants are funds that do not require repayment. They provide financial support to eligible institutions to enhance their research facilities without the burden of debt.

Repayment Terms and Interest Rates

Since this is a grant, there are no repayment terms or interest rates involved. This means once you receive the funds, you won't have to pay them back, making it a great opportunity for financial relief.

Eligible Expenses

The funds can be used for:

• Purchasing latest scientific equipment
• Modernizing operations of existing shared biomedical research facilities
• Supporting laboratory research core facilities and animal research facilities

Restrictions on Fund Use

The funds cannot be used for:

• Purchasing scientific research instruments or their components
• Buying components of building-level infrastructure equipment that indirectly support research activities

Fees

There are no fees associated with this program, meaning you get the full amount without any deductions.

This financing represents a solid opportunity for those looking to improve their research capabilities without financial strain.

• Must be an eligible academic or research institution.
• Location: Available across the country.
• No minimum number of employees required.
• No maximum number of employees required.
• No minimum revenue qualifications.
• No maximum revenue qualifications.
• All legal structures are applicable.
• All profit structures are applicable.

Disqualifications:

• Not applicable: Purchase of scientific research instruments or their components.
• Not applicable: Components of building-level infrastructure equipment that indirectly support research activities.

This program offers funding to purchase modern scientific equipment for shared biomedical research facilities. By upgrading your research-support operations, you can enhance efficiency and streamline processes within your facility. This funding is specifically meant for laboratory and animal research core facilities, as well as other shared research spaces.

You can use the money to acquire equipment that directly supports research operations, making your facility more competitive and capable of advanced studies. This means better equipment can lead to improved research outcomes, ultimately benefiting your projects and goals.

Importantly, there are no payback requirements involved in this program, which lets you focus on utilizing the resources effectively without the added pressure of repayment. If your business is involved in research and development, this funding opportunity is designed specifically to help you improve what you do.