Stem Cell Institute To Award Grants
The California Institute of Regenerative Medicine on Tuesday issued requests for proposals for as much as $104 million in grants under two programs, the Sacramento Bee reports. The grants will be CIRM's first round of research funding.
CIRM is the state agency established by Proposition 71 to fund stem cell research. Voters in 2004 approved Proposition 71 to provide $3 billion in funding for stem cell research over 10 years.
One program will provide $24 million in grants for as many as 30 scientists who have not worked extensively in embryonic stem cell research, and the other program will provide $80 million to support as many as 25 studies that are currently underway.
CIRM plans to award the grants by April 2007 (Downing, Sacramento Bee, 8/24).