Finding the right financial support to kickstart your academic career can be overwhelming. This program is specifically designed for mentored researchers like you, offering three years of protected funding to focus on your research without the worry of income. You'll also receive research support that can be tailored to your needs—whether that’s materials, staff, or any resources that will drive your projects forward.

Applying to this program can provide not just financial stability, but also a solid pathway to establish yourself in academia. With no strict caps on revenue or employee numbers, you can focus on what really matters: your research and career progression. Don’t miss the chance to take control of your academic future with accessible funding that works for you.

The financing provided through this program is a Grant. Grants do not need to be repaid, which makes them an excellent resource for your business.

Key Financial Aspects:

• Repayment Term: There is no repayment term since it’s a grant.
• Interest Rates: No interest rates apply as it’s non-repayable funding.

Eligible Expenses:

You can use these funds for:

• Salary support for the mentored researcher.
• Research-related expenses that align with advancing the mission of the NIA.

Restrictions on Use of Funds:

The funds cannot be used for:

• General operational costs that do not directly support research.
• Non-research related expenses, such as promotional materials or unrelated projects.

Fees:

There are no fees associated with receiving this grant. You can focus on your research efforts without worrying about hidden costs.

• Location: Available across the country.
• Sectors: Open to all sectors.
• Employees:
  • Minimum employees: No minimum requirement.
  • Maximum employees: No maximum requirement.
• Company Revenue:
  • Minimum revenue: No minimum requirement.
  • Maximum revenue: No maximum requirement.
• Legal Structure: All legal structures are applicable.
• Profit Structure: All profit structures are applicable.

Disqualifications:

• Independent Clinical Trials are not allowed under this program.

The program aims to support mentored researchers like you as you move toward tenure-track faculty positions. This award offers three years of protected time, which means you'll receive financial support to focus on your research without worrying about your salary. It’s designed for those who plan to start their faculty position within a year.

In addition to your salary, the program also provides research support to help you advance your projects. This support is flexible, allowing you to use the funds where they are most needed, whether for materials, staff, or other resources that enhance your research efforts.

This opportunity not only gives you financial stability, but it also provides a pathway to establish your career in academia. With no strict revenue limits or employee minimums, this program is accessible to a wide range of situations, making it easier for you to navigate this transition smoothly.