Federal Grant Applications: It’s who you know

Friday, December 30, 2011 by Diane Thompson, CPA

Generally, when one thinks of a successful grant application, the first concept that may come to mind is “innovative research or technology”. What some may not know is that the grant application process may actually be more of a “who-you-know” game.

 

According to G2G Consulting, a firm that links organizations with government opportunities, while innovation is important, the key to a successful federal grant application (and future applications) is to develop a relationship with the specific...

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62 Ohio Biomedical Companies Receive Therapeutic Discovery Project Grants

Monday, November 15, 2010 by Diane Thompson, CPA

The IRS granted around $15 million to 62 Ohio biomedical companies for qualified Therapeutic Discovery Projects that take place during 2009 and 2010. 

 

The Patient Protection and Affordable Care Act  enacted in March 2010 allowed for $1 billion dollars in tax credits or grants (for not yet profitable companies) for companies with projects that show potential to:

·          Result in new therapies to treat areas of unmet medical need or prevent, detect or treat chronic or acute diseases and...

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Applying for Biomedical Grants is Like Searching for a Job

Wednesday, July 14, 2010 by Diane Thompson, CPA

Funding for biomedical projects, like jobs, is tough to find in a down economy, but the federal government is an often untapped resource. In FY08 and FY09, Congress directed over $150 million dollars for medical research on various topics from prevention of combat-induced injuries to physiological health to cancer. In FY10, Congress has earmarked millions of dollars for various research topics, with breast cancer ($300 million) and prostate cancer ($160 million) as the highest funded....

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