The Washington Global Health Fund (WGHF) announces the second round of commercialization grants for global health technologies. The grants have dual purpose: bring innovative products and services to the global health sector, and support job creation in Washington state.
The WGHF commercialization grants represents an opportunity for Washington businesses and organizations not currently engaged in global health to explore it as a new market.
Eligible recipients of the WGHF funds are nonprofit organizations, private-sector companies, and public research institutions engaged in development, production, promotion, and/or delivery of global health technologies and products. Projects can be, but are not limited to, global health technology development (drugs, devices, and diagnostics), mobile technology applications, agricultural technologies with global health applications, and technologies or programs to address trauma or chronic disease burdens. Basic research projects are not eligible for funding. Public-private partnerships are eligible. Indirect costs must not exceed 12% of the budget.
Applications are due by November 2, 2011. Grantees will be notified by November 30, 2011, if they are selected to receive a grant award.
Grant awards will range from $50,000-$100,000 and WGHF will award up to $225,000 in this round of grants. WGHF will negotiate funding levels and agreement-specific terms on a case-by-case basis and may make an offer of funding that is lower than the requested amount.
Previous grantees are Cascade Designs for the Smart Electrochlorinator, Mirador Biomedical for the Compass Global Pressure device, and SIGN Fracture Care International for the SIGN orthopaedic nail.
For more information and to view the full RFP visit http://www.wghfund.org/final.
The Washington Global Health Alliance and City of Seattle’s Office of Economic Development recently released their Global Health Strategic Mapping and Economic Opportunity Portfolio, which quantifies the remarkable reach of Washington’s global health sector, as well as identifies business opportunities for local companies in global health.
To view the full report click here, and for information on global health market opportunities click here.
