This program is tailor-made for businesses like yours that are ready to take research to the next level. You can secure funding specifically for research projects that necessitate at least one clinical trial, aligning with the interests of NIH Institutes and Centers. There's no fixed limit on the funding, providing flexibility to address your unique needs. Whether you have a small or large team, this funding is accessible to all.

By applying, you’ll benefit from funds that come with no immediate repayment requirement, allowing you to focus on your research without the pressure of debt. This grant helps to cover essential aspects of your project, from staffing to materials, making it a valuable resource. It’s an opportunity to advance your work and potentially make a meaningful impact in your industry.

Moreover, the application process is designed to be straightforward, so you don’t have to worry about overwhelming qualifications. Why not leverage this support to propel your project forward? Winning this grant could be a game changer for your business.

Type of Financing

The financing provided is in the form of a Grant. This means you receive funds that do not need to be repaid, making it an excellent opportunity for your business.

Repayment Terms and Interest Rates

Since this is a grant, there are no repayment terms or interest rates. You won’t have to worry about paying back the money you receive. It’s a straightforward way to access funds for your project.

Eligible Expenses

You can use the grant funds for various eligible expenses, such as:

• Research costs
• Clinical trial expenses
• Personnel salaries related to the project

Ineligible Expenses

However, the funds cannot be used for:

• General operational costs unrelated to the specified project
• Capital equipment not directly tied to the research

Fees Associated with the Program

There are no hidden fees associated with this grant. You receive the full amount without any deductions for processing or administrative costs. This means you keep every dollar to invest back into your project.

• Applicants must propose at least one clinical trial as part of their project.
• The project must align with the programmatic interests of one or more participating NIH Institutes and Centers (ICs).
• No minimum or maximum number of employees is required.
• No minimum or maximum company revenue qualifications exist.
• All legal structures are applicable for application.
• All profit structures are applicable for application.

Disqualifications:

• Projects must be related to NIH's definition of a clinical trial; applications proposing mechanistic studies that do not meet this definition are disqualified.

The program is designed to support research projects that need at least one clinical trial. If your business has a project that fits within the interests of the participating NIH Institutes and Centers, this could be a great opportunity for you. You can receive funding that can be used specifically for research purposes, helping to take your project to the next level.

The funding helps cover various aspects of your research, ensuring you're equipped to carry out critical trials. There's no set limit on the amount you can receive, making it a flexible option for your needs. You aren't tied down by strict revenue requirements or employee counts, so businesses of all sizes can benefit from this program.

What’s even better is that there’s no immediate payback requirement for the funds. This means you can focus on your research without the added stress of repayment looming over your head. This is a chance to advance your work while potentially making a significant impact in your field.