Debunking the Myths – NIH Grants ARE Soft Cap

Organizer

Adam Pounds

Phone

620.664.6000

During our June 14th webinar with the Larta Institute, the question came up on NIH Grants and if there had been a change in regulation to institute a HARD CAP of $1mm on a Phase II award (similar to those found in other agencies such as the Department of Defense ), or if the Phase II awards were considered SOFT CAP, where $1mm is merely a suggestion that can be exceeded.

Ed Jameson followed up to this question by reaching out to Matthew E. Portnoy, Ph.D, an SBIR/STTR Program Manager and Director of the Division of Special Programs at the NIH.  The below email  and regulations were attached as a response to prove the Jameson & Company stance, that indeed NIH grants are SOFT CAP awards.  This is why our clients do not leave money on the table!

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Jameson & Company Teams Up with The Larta Institute

Jameson & Company is proud to announce our newest partnership with The Larta Institute as a preferred accounting resource within their network.

The Larta Institute is known as a leading Non-Profit “Innovation Hub” for “Networked Organizations”.  Their mission is to vastly improve the transition of scientific and technological breakthroughs from the laboratory to the marketplace, where they can solve problems, enhance economic opportunities and better people’s lives.

As a professional services firm, they design and manage commercialization programs on behalf of clients.  These range from federal agencies in the U.S. (NIH, DOD, NSF for example) to national governments and regional authorities across the globe, from public-private partnerships to universities.  They increase the market- and investor-readiness of emerging entrepreneurs supported by these institutions.   Since 1993, they have helped their entrepreneurs raise over $1.5 Billion in capital and  maintain a global network of top tier investors and partners.

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