Interested in the latest funding policies from your favorite NIH Institute or Center (IC)? Find funding strategies for each NIH IC, in addition to NIH fiscal policies and budget overview, on our NIH Funding Strategies page. Use this information as you prepare your application to better understand NIH’s approach to grant funding and stay updated on key budget policies.
Suppose a funding agency happens to have some extra money and needs to decide how to invest it. Should it invest that extra money in a large, highly productive laboratory, so that laboratory can expand a bit more? Or should it invest that extra money in a small to moderate size laboratory? Given our inability to predict the future with great certainty, which approach represents the smarter investment strategy? Jon Lorsch, the director of the National Institute for General Medical Sciences (NIGMS), has posted an interesting video on just this question. ….