The Flash Grant program identifies and energizes creative ideas that exhibit early indications of exceptional commercial potential. Like a flash of inspiration, flash grants infuse a quick jolt of funding at a critical early point when a small, targeted influx of funds is crucial to shaping innovative research ideas into high-potential life sciences technologies.
Flash grants support short, tightly-focused research projects in these two categories:
These micro-grants provide funding for projects that ultimately generate follow-on funding, intellectual property filings, licenses, and startup company formation; however, the projects are too early for traditional grant funding mechanisms.
Funds are available to researchers at any North Carolina university or non-profit research institute.
FY2024 Deadlines:
Cycle 1
Wednesday, September 13, 2023 (noon)
Cycle 2
Wednesday, December 6, 2023 (noon)
Cycle 3
Wednesday, March 20, 2024 (noon)
At the time of submission, the Principal Investigator (PI) must hold a full-time, tenure-track, or tenured faculty appointment, or an appointment as permanent, full-time, clinical or research faculty at the applicant institution or hold an equivalent position.
A maximum of $20,000 may be requested for periods of up to 12 months. There is no match requirement for the Flash Grant Program.
