Seed funding for Investigators is one of the ways CIMIT
» Equally important is the ability to find and obtain follow-on funding sources. An increasing stream of diversified funding support through government grants, foundations, industry, VC and other sources creates a multiplier effect on the initial CIMIT funding, accelerating the pace from Bench to Bedside
The key to sustaining CIMIT’s innovative investigators is a flow of adequate funding from numerous sources. The Strategic Engagement team works to secure support from a wide variety of constituencies including consortium member institutions, industry collaborators, public and private foundations, and venture philanthropy. This group works with CIMIT’s Program Leaders and investigators to identify, cultivate and solicit prospective funding opportunities for their specific initiatives.
CIMIT has provided our team with the seed funding necessary to initiate the development of a device that is now proving to be valuable. The one-year funding enabled us to launch this project. We now have enough momentum to determine if the device will indeed be useful for basic biology or for diagnostics.
This is catalytic funding!