LSDF is now accepting pre-proposals from Washington for-profit and non-profit organizations for two granting programs. The first pre-proposal submission deadline for both programs is August 5, 2014:
Matching Grants – program and project – require strategic co-investment by external funders. Applicants must speak with LSDF staff to determine if a pre-proposal may be submitted:
- Program grants support large-scale life sciences commercialization-related initiatives. The maximum award is $1 million in total costs; a 1:3 cash match of LSDF funds is required.
- Project grants support studies to advance promising health-related technologies along the commercialization pathway. The maximum award is $500,000 in total costs; a 1:1 cash match of LSDF funds is required.
Proof of Concept Grants provide up to $250,000 in total costs to enhance the commercial viability of health-related technologies or concepts developed by non-profit organizations or enhance the competitiveness of early-stage life sciences companies for private equity investment.