That said, the NINDS seeks to provide support to small businesses in their quest to develop emerging technologies that will potentially be beneficial to the objective in focus.
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The examples of the kinds of studies that will be supported under this program are those that aim to:
a) Evaluate and optimize the dose, formulation, safety, tolerability/pharmacokinetics of a certain intervention or diagnostic test in healthy volunteers or the target population
b) Prospective clinical validation of a diagnostic
c) Asses whether or not an intervention produces sufficient evidence of short-term activity in a human “proof of concept†trial
d) Determine the best of two or more potential interventions or dosing regimens that will be evaluated in a subsequent trial, based on tolerability, biological activity, or preliminary clinical efficacy.
The NIH and NINDS are set to administer a funding amount of $750,000 per grant awardee to support the execution of this program.
The institutions and organizations who will be considered eligible to submit an application under this program are those Small Business Concerns that meet the following criteria:
a) SBCs that are mainly organized for profit and is located and operating in the United States, and makes a substantial contribution to the United States economy through payment of taxes or use of American products, materials or labor;
b) SBCs that are in the legal form of an individual proprietorship, partnership, limited liability company, corporation, joint venture, association, trust or cooperative;
c) SBCs that does not have more than 500 employees
d) SBSs that are at least 51% owned and controlled by one or more individuals who are citizens of, or permanent resident aliens in, the United States.
Exploratory Clinical Trials for Small Business Grant Program
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About The Author Iola Bonggay is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs. She also maintains Websites providing resources on environmental grants and grants for youth programs. |
Senay Ataselim-Yilmaz, Chief Operating Officer, Turkish Philanthropy Funds, writes that philanthropy often solves the very problems that stems from market failure. Some social issues, however, cannot be tackled by questioning the return on investment.