This funding opportunity renews the NIH REACH program to support academic entrepreneurship hubs that accelerate translation of biomedical discoveries into patient care products. Funded hubs provide initial investments, proof-of-concept funding, access to expertise in scientific and regulatory areas, and entrepreneurship training. Establishing public-private partnerships and consortium collaboration is essential for success.
Eligible applicants include public and state-controlled institutions of higher education, private institutions of higher education, nonprofits with or without 501(c)(3) status, and universities or research institutions participating in the NIH STTR program as formal partners to small businesses.
