The new PreCede grant competition is designed to help position eligible early-stage Washington state life sciences companies for near-term equity investment. PreCede grants will support research and development activities focused on validating the commercial merit of promising health-related technologies, such as proof of concept studies or prototype construction and testing.
This competition is open to for-profit entities that meet all of the following criteria:
-
Pursuing development-stage health or health-care related products or services;
-
Have a substantial presence in Washington; and
-
Have not received substantial equity investment.
Non-profit organizations and educational institutions may not apply directly for funding through the PreCede grant competition.
Pre-proposals are required and must be submitted through the online application system by March 7, 2012, 5 PM Pacific Time. Only a subset of pre-proposals will be invited to submit a full proposal.
LSDF will hold public information sessions via webcast and across Washington in January and February 2012 to describe the competition in greater detail and meet with potential applicants. Click here to view the information session schedule and to RSVP.