Researchers at Stanford and across the country are rushing to file their proposals for the NIH's Challenge Grant Program. The $200-million program, established as part of the fed's stimulus package, was enacted in February by Congress. As explained in a release sent out by our office today:
While the Challenge Grant program is only a slice of the roughly $8.2 billion allocated to the NIH in stimulus funds for extramural research, its offer of $1-million grants over the next two years ” following a five-year spell in which NIH funding dropped by 13 percent in real dollars ” is eliciting as many as 10,000 proposals from across the country, according to a report in Science. That’s a lot of applications for the 200 grants the NIH plans to award.
The rest of the release can be read here.