Announcements

The Life Sciences Discovery Fund (LSDF) is now accepting pre-proposals from Washington state for-profit and non-profit organizations for the following types of grants:

• Proof of Concept grants (up to $250,000 per award) to enhance the commercial viability of intellectual property developed by non-profit organizations or enhance the competitiveness of early-stage companies for private equity investment. (This grant mechanism combines the Commercialization and PreCede mechanisms offered in prior years.)
• Opportunity grants (up to $1.4 million per award) to fund extraordinary research and development proposals having the ability to significantly leverage LSDF dollars against those from other sources.

LSDF is implementing a new submission and review process for 2012-2013:

• Year-round application submission at http://www.lsdfa.org/apply/online.
• Monthly pre-proposal reviews.
• Quarterly proposal reviews and awards by the LSDF Board of Trustees.

All applicants must submit a pre-proposal to be considered for a grant. Only a subset of pre-proposals will be invited to submit a proposal.

Up to $7,000,000 is available for award through June 2013, with no specific allocations or quotas by grant type (Proof of Concept vs. Opportunity) or applicant organization type (for-profit vs. non-profit).

The Request for Proposals, review calendar, and balance of available funds are at http://www.lsdfa.org/apply/competitions/2012-2013-Granting-Programs. Proposal-related materials will be posted the week of September 3, 2012.

LSDF will hold an information session via webcast on Tuesday, August 14, 2012, 1 PM Pacific Time. Visit http://www.lsdfa.org/apply/competitions/2012-2013-Granting-Programs for instructions on joining the web conference.

Funding for the 2012-2013 granting programs comes from Washington’s allocation of payments under the Master Tobacco Settlement Agreement (revenues arising from multi-state litigation with tobacco product manufacturers).

For more information about LSDF’s 2012-2013 granting programs, call 206-456-9577 or email programs@lsdfa.org.

1551 Eastlake Avenue East, Suite 325, Seattle, WA 98102
P  206 456 9577  F  206 456 9578  E  programs@lsdfa.org W www.lsdfa.org