Award Information
Award Amount
- Direct Costs: Up to $100,000
- Indirect Costs: Reimbursement for indirect costs is covered at the federally negotiated indirect cost rate of the institution where the project study is performed, if applicable; otherwise, an indirect rate of 10% will be used.
Grant Term
- 12 months. No-cost extensions may be awarded at the discretion of NIH/CAPCaT.
Grant Requirements
- The Awardee must provide CAPCaT a monthly progress report
- The awardee (or a team designee) must participate in the CAPCaT Kickoff and Showcase events
Grant Recommendations
- The awardee is strongly encouraged to participate in the Biotech East Explores Intersection of Science and Business | UMass Lowell (uml.edu)
- The awardee is strongly encouraged to participate in the abbreviated I-Corps Program at the UMCCTS | UMass Chan Medical School, Worcester MA (umassmed.edu)
CAPCaT Resources Leveraged by Awardees
CAPCaT makes adjunct resources available to awardees and other interested point of care technology researchers. These include:
- NIH resources, such as the I-Corps program and the CAPCaT independent Data Safety Monitoring Board
- Access to the Point-of-Care Technology Resource Network (POCTRN)
- The rich technology and business development resources of our Massachusetts Medical Device Development Center (M2D2)
- Clinical translation and validation expertise
- A technology development core
- Statistical expertise through the UMass Quantitative Methods Core
- CAPCaT’s annual Showcase event featuring
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- opportunities for awardees to receive 1:1 pitch coaching from NIH experts
- exposure to large strategic investors, other entrepreneurs, and students
- expert panelists presenting best practices for seeking large strategic investment
- presentations by representatives from the NIH’s small business programs about funding opportunities and tips and best practices for small businesses