Funding Amount

Varies

Deadline

Rolling / Open

Grant Type

foundation

Overview

AIM-HI Accelerator Fund

Funder: National Foundation for Cancer Research (NFCR)

Purpose: A disruptive funding model designed to accelerate cancer innovations from laboratory bench to patients at their bedside, bridging the "valley of death" between basic research breakthroughs and clinical application.

Funding Model:

  • Harnesses the power of business leaders and philanthropists in the US and worldwide

  • Utilizes venture philanthropy and impact investments

  • Creates an evergreen model of funding innovations and their commercialization

  • Focuses on measurable outcomes
  • Focus Areas:

  • Early-stage cancer innovations waiting for commercialization

  • Prevention, treatment and care innovations

  • Genomic-based research applications

  • Diagnostics and prevention strategies

  • Next-generation cancer therapies
  • Problem Addressed:

  • Many breakthroughs in cancer research remain confined to laboratories and unable to reach clinics

  • Early-stage areas are extremely risky with high fail rates

  • Traditional venture capitalists and large pharmaceutical companies unwilling to take these risks

  • Need for paradigm shift in accelerating cancer innovation to patient benefit
  • Scope: United States and worldwide

    Paradigm:

  • Moves beyond traditional NFCR focus on basic science to include translational research

  • Aims to translate laboratory discoveries into FDA-approved therapies

  • Emphasis on getting innovations into clinics faster
  • Background: Launched as response to fruition point of past decades' advances in genomic-based research, with many innovations ready for commercialization but lacking adequate funding mechanisms.

    Contact:

  • National Foundation for Cancer Research

  • Phone: 1-800-321-CURE (2873)

  • Email: info@nfcr.org

  • Address: 5515 Security Lane, Suite 1105, Rockville, MD 20852
  • Focus Areas & Funding Uses

    Fields of Work

    cancerscience-researchstartups

    Categories

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