Wednesday, March 25, 2015
Simons Foundation Initiative Provides Support for Early Career Scientists
They will award up to 70 grants every 2.5 years to promising scientists who have great potential to make unique contributions to their field. This is the first collaboration between HHMI, the Bill & Melinda Gates Foundation and the Simons Foundation.
Awardees will receive a five-year, non-renewable grant whose size will be based on several factors, including the amount of external funding the scientist has at the time of the grant. The grants will range from $100,000 to $400,000 per year for direct costs. The awardee’s institution will be given an additional 20 percent of the yearly grant for indirect (or administrative) costs. Faculty Scholars are required to devote at least 50 percent of their total effort to the direct conduct of research....