AIM-HI Accelerator Fund (Aim-Hi Accelerator Fund)
Funding Amount
Not stated
Deadline
Deadline not published
Grant Type
Foundation
Overview
AIM-HI Accelerator Fund
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
What National Foundation For Cancer Research actually gave
Source: IRS Form 990, 2024
- Grants in 2024
- 20
- Total given
- $3.33M
- Median grant
- $140K
- Range
- $5,912–$870K
- By dollars: Maryland 29%, New York 17%, Massachusetts 15%. Top recipient cities: New York, NY; Boston, MA; La Jolla, CA.
- 0% of grants with a stated purpose were for general or operating support.
- 20% of recipients were new grantees, not repeat recipients.
Example grants
Aim Hi Accelerator Fund · Rockville, MD
collaboration
$870K
Massachusetts General Hospital · Boston, MA
Research contracts
$352K
Columbia University · New York, NY
Research contracts
$250K
Yale University · New Haven, CT
Research contracts
$230K
University of Pennsylvania · Philadelphia, PA
Research contracts
$211K
Focus Areas & Funding Uses
Fields of Work
- Cancer
- Science research
- Startups
Categories
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